Common use of Notification of Utilization Clause in Contracts

Notification of Utilization. (i) Group 1 Assets. Upon request by HEP Tulsa, ▇▇▇▇▇ Tulsa will provide to HEP Storage-Tulsa written notification of ▇▇▇▇▇ Tulsa’s reasonable good faith estimate of their anticipated future utilization of Pipelines, Group 1 Tankage, and Group 1 Loading Rack as soon as reasonably practicable after receiving such request. (ii) Group 2 Assets. Upon request by HEP Storage-Tulsa, ▇▇▇▇▇ Tulsa will provide to HEP Storage-Tulsa written notification of ▇▇▇▇▇ Tulsa’s reasonable good faith estimate of their anticipated future utilization of Group 2 Tankage and Group 2 Loading Rack as soon as reasonably practicable after receiving such request.

Appears in 2 contracts

Sources: Pipelines, Tankage and Loading Rack Throughput Agreement (Holly Energy Partners Lp), Pipelines, Tankage and Loading Rack Throughput Agreement (Holly Corp)

Notification of Utilization. (i) Group 1 Assets. Upon request by HEP Tulsa, ▇▇▇▇▇ Tulsa will provide to HEP Storage-Tulsa written notification of ▇▇▇▇▇ Tulsa’s reasonable good faith estimate of their anticipated future utilization of Pipelines, Group 1 Tankage, and Group 1 Loading Rack as soon as reasonably practicable after receiving such request. (ii) Group 2 Assets. Upon request by HEP Storage-Tulsa, ▇▇▇▇▇ Tulsa will provide to HEP Storage-Tulsa written notification of ▇▇▇▇▇ Tulsa’s reasonable good faith estimate of their anticipated future utilization of Group 2 Tankage and Group 2 Loading Rack as soon as reasonably practicable after receiving such request.

Appears in 2 contracts

Sources: Pipelines, Tankage and Loading Rack Throughput Agreement (Holly Energy Partners Lp), Pipelines, Tankage and Loading Rack Throughput Agreement (HollyFrontier Corp)