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SEC Filings
S-3ASR
NUSTAR ENERGY L.P. filed this Form S-3ASR on 07/02/2019
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TABLE OF CONTENTS

NuStar Logistics’ properties and assets as, or substantially as, an entirety expressly assumes the due and punctual payment of the principal of and any premium and interest on all the debt securities under the applicable indenture and the performance or observance of every covenant of the applicable indenture on the part of NuStar Logistics to be performed or observed and shall have expressly provided for conversion rights in respect of any series of outstanding securities with conversion rights;

the surviving entity or successor entity is an entity organized and existing under the laws of the United States of America, any state thereof or the District of Columbia;
immediately after giving effect to such transaction, no default or event of default shall have occurred and be continuing under the applicable indenture; and
NuStar Logistics has delivered to the Trustee under the applicable indenture an officers’ certificate and an opinion of counsel regarding compliance with the terms of the applicable indenture.

Modification of Indentures

NuStar Logistics may modify or amend each indenture if the holders of a majority in principal amount of the outstanding debt securities of all series issued under the indenture affected by the modification or amendment consent to it. Without the consent of the holders of each outstanding debt security affected, however, generally no modification may:

change the stated maturity of the principal of, or any installment of principal of, or interest on any debt security;
reduce the principal amount of, the interest rate on or the premium payable upon redemption of any debt security;
change the redemption date for any debt security;
reduce the principal amount of an original issue discount debt security payable upon acceleration of maturity;
change the place of payment where any debt security or any premium or interest on any debt security is payable;
change the coin or currency in which any debt security or any premium or interest on any debt security is payable;
impair the right to institute suit for the enforcement of any payment on any debt security;
modify the provisions of the applicable indenture in a manner adversely affecting any right to convert or exchange any debt security into another security;
reduce the percentage in principal amount of outstanding debt securities of any series necessary to modify the applicable indenture, to waive compliance with certain provisions of the applicable indenture or to waive certain defaults and their consequences; or
modify any of the above provisions.

NuStar Logistics may modify or amend each indenture without the consent of any holders of the debt securities in certain circumstances, including:

to provide for the assumption by a successor of obligations of NuStar Logistics under such indenture and the debt securities issued thereunder;
to provide for the assumption by a successor of NuStar Energy’s guarantee under such indenture;
to add covenants and events of default or to surrender any rights NuStar Logistics has under such indenture;
to secure the senior debt securities as described above under “Provisions Only in the NuStar Logistics Senior Indenture—Limitation on Liens;”
to make any change that does not adversely affect any outstanding debt securities of a series in any material respect;
to supplement such indenture in order to establish a new series of debt securities under such indenture;

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