Common use of LESSOR'S WORK Clause in Contracts

LESSOR'S WORK. Attached to this Lease as Exhibit "B" is a description of work to be performed by Lessor, at its sole cost and expense (hereinafter, "Lessor's Work"). Such work involves reversing and converting the Pipeline System from its current use to transportation of petroleum products with a minimum capacity of 16,000 barrels per day. Lessor covenants and agrees to perform Lessor's Work as described on Exhibit "B" in a good and workmanlike manner, in accordance with Applicable Laws (hereinafter defined) and industry standards and within 180 days of Lessee's providing Lessor written notice to proceed on Lessor's Work. Lessor may continue to use the Pipeline System until the onset of Lessor's Work prohibits it.

Appears in 2 contracts

Sources: Pipeline Lease Agreement (Holly Energy Partners Lp), Pipeline Lease Agreement (Holly Energy Partners Lp)