Common use of Minimum Throughput Obligations Clause in Contracts

Minimum Throughput Obligations. During each Contract Quarter during the Term and subject to the terms and conditions of this Agreement, DKTS agrees that, commencing on the Effective Date, DKTS shall tender for offload and throughput an amount of Crude Oil and/or Refined Product sufficient to generate the Minimum Quarterly Throughput Payment at the Rail Offloading Facility. Allocation of capacity for Materials of different types at the Rail Offloading Facility to offload and throughput shall be in accordance with practices as of the Effective Date, or as otherwise may be agreed between the Parties from time to time.

Appears in 1 contract

Sources: Throughput Agreement (Delek Logistics Partners, LP)

Minimum Throughput Obligations. During each Contract Quarter during the Term and subject to the terms and conditions of this Agreement, DKTS agrees that, commencing on the Effective Date, DKTS shall tender for offload and throughput an amount of Crude Oil and/or Refined Product sufficient to generate the Minimum Quarterly Throughput Payment at the Rail Offloading Facility. Allocation of capacity for Materials of different types at the Rail Offloading Facility to offload and throughput shall be in accordance with practices as of the Effective Date, or as otherwise may be agreed between the Parties from time to time.

Appears in 1 contract

Sources: Throughput Agreement (Delek Logistics Partners, LP)