Sunoco 2013 Annual Report Download - page 229

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71
aggregate, are not material in amount, and which do not in any case materially detract from the
value of the property subject thereto or interfere with the ordinary conduct of the business of the
MLP, the Borrower or any Subsidiary;
(g) rights reserved to or vested in any Governmental Authority by the terms of any right,
power, franchise, grant, license or permit, or by any provision of law, to revoke or terminate any
such right, power, franchise, grant, license or permit or to condemn or acquire by eminent domain
or similar process;
(h) rights reserved to or vested by Law in any Governmental Authority to in any manner,
control or regulate in any manner any of the properties of the MLP, the Borrower or any Subsidiary
or the use thereof or the rights and interests of the MLP, the Borrower or any Subsidiary therein, in
any manner under any and all Laws;
(i) rights reserved to the grantors of any properties of the MLP, the Borrower or any
Subsidiary, and the restrictions, conditions, restrictive covenants and limitations, in respect thereto,
pursuant to the terms, conditions and provisions of any rights-of-way agreements, contracts or other
agreements therewith;
(j) inchoate Liens in respect of pending litigation or with respect to a judgment which
has not resulted in an Event of Default under Section 8.01;
(k) statutory Liens in respect of First Purchaser Payables;
(l) Liens securing Indebtedness permitted by Section 7.01(e) or other obligations of any
Person that becomes a Subsidiary after the date hereof; provided that (i) such Lien is not created in
contemplation of or in connection with such acquisition or such Person becoming a Subsidiary, (ii)
such Lien shall not apply to any other property of the MLP, the Borrower or any Subsidiary and
(iii) such Lien shall secure only those obligations which it secures on the date of such acquisition
or the date such Person becomes a Subsidiary, as the case may be, and Indebtedness refinancing
such obligations (but no increase to the principal amount thereof, except by an amount equal to
amounts paid for any accrued interest, breakage, premium, fees and expenses in connection with
such refinancing);
(m) Liens on cash margin collateral or securities securing Hedging Contracts;
(n) Liens in respect of operating leases covering only the property subject thereto;
(o) Liens on Equity Interests of Unrestricted Subsidiaries or Joint Ventures securing
Indebtedness of such Unrestricted Subsidiary or Joint Venture;
(p) Liens securing Obligations; and
(q) Liens in respect of Permitted Priority Debt.
7.03 Fundamental Changes