Agreement to Use Services Relating to Pipelines and Terminals. The Parties intend to be strictly bound by the terms set forth in this Agreement, which set forth the Minimum Revenue Commitment on the part of HFRM and requires HEP Operating to provide certain transportation and terminalling services to HFRM. The principal objective of HEP Operating is for HFRM to meet or exceed the Minimum Revenue Commitment. The principal objective of HFRM is for HEP Operating to provide services to HFRM in a manner that enables HFRM to operate its assets in a manner at least as favorably as the historical course of dealing between the Parties.
Appears in 2 contracts
Sources: Refined Product Pipelines and Terminals Agreement (HollyFrontier Corp), Refined Product Pipelines and Terminals Agreement (Holly Energy Partners Lp)