Agreement to Use Services Relating to Pipelines, Tankage and Loading rack. The Parties intend to be strictly bound by the terms set forth in this Agreement, which sets forth revenues to HEP Tulsa and HEP Storage-Tulsa to be paid by ▇▇▇▇▇ Tulsa and requires HEP Tulsa and HEP Storage-Tulsa to provide certain transportation, storage and loading services to ▇▇▇▇▇ Tulsa. The principal objective of HEP Tulsa is for ▇▇▇▇▇ Tulsa to meet or exceed its obligations with respect to the Minimum Pipeline Revenue Commitment, to meet or exceed its obligations with respect to the Minimum Group 1 Tankage Revenue Commitment, and to meet or exceed its obligations with respect to the Minimum Group 1 Loading Rack Revenue Commitment. The principal objective of HEP Storage-Tulsa is for ▇▇▇▇▇ Tulsa to meet or exceed its obligations with respect to the Minimum Group 2 Tankage Revenue Commitment and to meet or exceed its obligations with respect to the Minimum Group 2 Loading Rack Commitment. The principal objective of ▇▇▇▇▇ Tulsa is for HEP Tulsa and HEP Storage-Tulsa to provide services to ▇▇▇▇▇ Tulsa in a manner that enables ▇▇▇▇▇ Tulsa to operate the Refinery.
Appears in 4 contracts
Sources: Pipelines, Tankage and Loading Rack Throughput Agreement (Holly Energy Partners Lp), Pipelines, Tankage and Loading Rack Throughput Agreement (HollyFrontier Corp), Pipelines, Tankage and Loading Rack Throughput Agreement (Holly Energy Partners Lp)