Common use of Increases in Pipeline Tariff Rates Clause in Contracts

Increases in Pipeline Tariff Rates. If new laws or regulations are enacted that require the Partnership Group to make substantial and unanticipated capital expenditures with respect to the Refined Product Pipelines, the Partnership Group may file new tariff rates in order to recover the cost of complying with these laws or regulations (including a reasonable return). The ▇▇▇▇▇ Group and the Partnership Group shall use their reasonable commercial efforts to comply with these laws and regulations, and shall negotiate in good faith to mitigate the impact of these laws and regulations and to determine the amount of the new tariff rates. If the ▇▇▇▇▇ Group and the Partnership Group are unable to agree on the amount of the new tariff rates that the Partnership Group will file, such tariff rates will be determined by binding arbitration in accordance with Section 10(f) of this Agreement.

Increases in Pipeline Tariff Rates. If new laws or regulations are enacted that require the Partnership Group to make substantial and unanticipated capital expenditures with respect to the Refined Product Pipelines, the Partnership Group may file new tariff rates in order to recover the cost of complying with these laws or regulations (including a reasonable return). The ▇▇▇▇▇ Holly Group and the Partnership Group shall use their reasonable commercial comm▇▇▇▇▇l efforts to comply with these laws and regulations, and shall negotiate in good faith to mitigate the impact of these laws and regulations and to determine the amount of the new tariff rates. If the ▇▇▇▇▇ Holly Group and the Partnership Group are unable to agree on the amount of amou▇▇ ▇▇ the new tariff rates that the Partnership Group will file, such tariff rates will be determined by binding arbitration in accordance with Section 10(f) of this Agreement.

Increases in Pipeline Tariff Rates. If new laws or regulations are enacted that require the Partnership Group to make substantial and unanticipated capital expenditures with respect to the Refined Product Pipelines, the Partnership Group may file new tariff rates in order to recover the Partnership Group's cost of complying with these laws or regulations (including a reasonable return). The ▇▇▇▇▇ Group and the Partnership Group shall use their reasonable commercial efforts to comply with these laws and regulations, and shall negotiate in good faith to mitigate the impact of these laws and regulations and to determine the amount of the new tariff rates. If the ▇▇▇▇▇ Group and the Partnership Group are unable to agree on the amount of the new tariff rates that the Partnership Group will file, such tariff rates will be determined by binding arbitration in accordance with Section 10(f) of this Agreement.