Sunoco 2013 Annual Report Download - page 181

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23
"Person" means any natural person, corporation, limited liability company, trust, joint
venture, association, company, partnership, Governmental Authority or other entity.
"Petroleum Products" means crude oil, condensate, intermediaries, distillates, natural gas,
natural gas liquids (NGLs), liquefied petroleum gases (LPGs), refined petroleum products or any
blend thereof.
"Platform" has the meaning specified in Section 6.02.
"Present and Related Businesses" means all businesses engaged in by the MLP or any of its
Subsidiaries as of the Closing Date, including the storage, marketing, blending, gathering,
transportation and distribution of hydrocarbons, and businesses related thereto.
"Prime Rate" means the rate of interest per annum publicly announced from time to time
by Citibank, N.A. as its prime rate in effect. Each change in the Prime Rate shall be effective from
and including the date such change is publicly announced as being effective.
"Public Lender" has the meaning specified in Section 6.02.
"Quarterly Testing Date" means the last day of each Fiscal Quarter.
"Rating" means, as to each Rating Agency and on any day, the rating maintained by such
Rating Agency on such day for senior, unsecured, non-credit enhanced long-term debt of the MLP.
"Rating Agency" means Fitch, S&P or Moody’s.
"Recipient" means (a) the Administrative Agent, (b) any Lender and (c) any LC Issuer, as
applicable.
"Register" has the meaning given to such term in Section 10.06(c).
"Related Parties" means, with respect to any Person, such Person’s Affiliates and the partners,
directors, officers, employees, agents, trustees, administrators, managers, advisors and
representatives of such Person and of such Person’s Affiliates.
"Required Lenders" means, as of any date of determination, Lenders having more than 50%
of the Aggregate Commitments or, if the Commitment of each Lender to make Loans and the
obligation of each LC Issuer to make LC Credit Extensions have been terminated pursuant to
Section 8.02, Lenders holding in the aggregate more than 50% of the Facility Usage (with the
aggregate amount of each Lenders risk participation and funded participation in LC Obligations
and Swingline Loans being deemed "held" by such Lender for purposes of this definition); provided
that the Commitment of, and the portion of the Facility Usage held or deemed held by, any Defaulting
Lender shall be excluded for purposes of making a determination of Required Lenders.
"Responsible Officer" of a Loan Party means the chief executive officer, president, chief
financial officer, or treasurer of such Loan Party. Any document delivered hereunder that is signed