UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):
March 31, 2011 (March 31, 2011)
HOLLY ENERGY PARTNERS, L.P.
(Exact name of registrant as specified in its charter)
|
|
|
|
|
Delaware
|
|
001-32225
|
|
20-0833098 |
(State of Incorporation)
|
|
(Commission File Number)
|
|
(I.R.S. Employer
Identification Number) |
100 Crescent Court, Suite 1600, Dallas, Texas 75201-6915
(Address of Principal Executive Offices)
(214) 871-3555
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 1.01 Entry Into a Material Definitive Agreement.
On March 31, 2011, HEP Tulsa LLC (HEP Tulsa), a subsidiary of Holly Energy Partners, L.P.
(the Partnership), entered into a Second Amendment to Tulsa Refinery Interconnects Term Sheet
(the Amendment) with Holly Refining & Marketing Tulsa LLC (Holly Tulsa), a subsidiary of
Holly Corporation (Holly), the entity that controls the Partnerships general partner. Under the
original Tulsa Refinery Interconnects Term Sheet, as amended on December 31, 2010, if the parties
were unable to mutually agree upon definitive documents regarding the transaction described in that
term sheet by March 31, 2011, Holly Tulsa would be required to complete the projects and reimburse
HEP Tulsa for costs it incurred in connection with the projects, and HEP Tulsa would be required to
convey any interest it has in such projects to Holly Tulsa. The Amendment extends the date to
enter into definitive documents to December 31, 2011.
The description of the Amendment is qualified by reference to the copy of the Amendment filed
as Exhibit 10.1 to this report, which is incorporated herein by reference in its entirety.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
|
|
|
|
|
Exhibit No. |
|
Description |
|
|
|
|
|
|
10.1 |
|
|
Second Amendment to Tulsa Refinery Interconnects Term Sheet
dated March 31, 2011 |
1