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):
January 6, 2011 (December 31, 2010)
HOLLY ENERGY PARTNERS, L.P.
(Exact name of registrant as specified in its charter)
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| Delaware
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001-32225
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20-0833098 |
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(Commission File Number)
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(I.R.S. Employer |
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Identification Number) |
100 Crescent Court, Suite 1600, Dallas, Texas 75201-6915
(Address of Principal Executive Offices)
(214) 871-3555
(Registrant’s 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 December 31, 2010, HEP Tulsa LLC (“HEP Tulsa”), a subsidiary of Holly Energy Partners, L.P.
(the “Partnership”) entered into an 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 Partnership’s general partner. Under the
original Tulsa Refinery Interconnects Term Sheet, if the parties were unable to mutually agree upon
definitive documents regarding the transaction described in that term sheet by December 31, 2010,
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 March 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
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| Exhibit No. |
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Description |
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10.1
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Amendment to Tulsa Refinery Interconnects Term Sheet dated
December 31, 2010 |
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