Common use of Throughput Commitment Clause in Contracts

Throughput Commitment. Subject to Article 2, the Applicable Refinery Owner commits to deliver to HEP Operating at the location of each Applicable Asset the Minimum Throughput Commitment of Feedstock for each Contract Quarter, and pay the Tolling Fees in exchange for HEP Operating providing the services necessary to process the Feedstock into the Products.

Appears in 2 contracts

Sources: Master Tolling Agreement (HollyFrontier Corp), Master Tolling Agreement (Holly Energy Partners Lp)

Throughput Commitment. Subject to Article 2, the Applicable Refinery Owner commits to deliver to HEP Operating at the location of each Applicable Asset the Minimum Throughput Commitment of Feedstock for each Contract Quarter, and pay the Tolling Fees in exchange for HEP Operating providing the services necessary to process the Feedstock into the ProductsProduct.

Appears in 1 contract

Sources: Master Tolling Agreement (Holly Energy Partners Lp)