Agreement to Use Services Relating to Pipelines. The Parties intend to be strictly bound by the terms set forth in this Agreement, which sets forth revenues to HEP Operating to be paid by HFRM, and requires HEP Operating to provide certain Crude Oil transportation services to HFRM. The principal objective of HEP Operating is for HFRM to meet or exceed its obligations with respect to the Minimum Pipeline Revenue Commitment. The principal objective of HFRM is for HEP Operating to provide services to HFRM in a manner that enables HFRM to transport Crude Oil on the Pipeline System.
Appears in 2 contracts
Sources: Transportation Services Agreement (HollyFrontier Corp), Transportation Services Agreement (HollyFrontier Corp)