Common use of Minimum Group 1 Loading Rack Revenue Commitment Clause in Contracts

Minimum Group 1 Loading Rack Revenue Commitment. (i) Subject to Section 4, Xxxxx Tulsa shall pay HEP Tulsa throughput fees associated with the Group 1 Loading Rack that will satisfy the Group 1 Minimum Loading rack Revenue Commitment in exchange for HEP Tulsa providing Xxxxx Tulsa a minimum of 26,000 barrels per day of aggregate capacity at the Group 1 Loading Rack. The “Minimum Group 1 Loading Rack Revenue Commitment” shall be an amount of revenue to HEP Tulsa for each Contract Quarter determined by multiplying the Minimum Group 1 Loading Rack Throughput by the Group 1 Loading Rack Tariff as such Group 1 Loading Rack Tariff may be revised pursuant to Section 2(c)(ii). Xxxxx Tulsa will pay HEP Tulsa the Group 1 Loading Rack Tariff for all quantities of Products loaded at the Group 1 Loading Rack. Notwithstanding the foregoing, in the event that the Closing Date for the Group 1 Loading Rack is any date other than the first day of a Contract Quarter, then the Minimum Group 1 Loading Rack Revenue Commitment for the initial Contract Quarter shall be prorated based upon the number of days actually in such contract quarter and the initial Contract Quarter.

Minimum Group 1 Loading Rack Revenue Commitment. (i) Subject to Section 4, Xxxxx Tulsa shall pay HEP Tulsa throughput fees associated with the Group 1 Loading Rack that will satisfy the Group 1 Minimum Loading rack Revenue Commitment in exchange for HEP Tulsa providing Xxxxx Tulsa a minimum of 26,000 barrels per day of aggregate capacity at the Group 1 Loading Rack. The “Minimum Group 1 Loading Rack Revenue Commitment” shall be an amount of revenue to HEP Tulsa for each Contract Quarter determined by multiplying the Minimum Group 1 Loading Rack Throughput by the Group 1 Loading Rack Tariff as such Group 1 Loading Rack Tariff may be revised pursuant to Section 2(c)(ii) or Section 2(q)(i). Xxxxx Tulsa will pay HEP Tulsa the Group 1 Loading Rack Tariff for all quantities of Products loaded at the Group 1 Loading Rack. Notwithstanding the foregoing, in the event that the Closing Date for the Group 1 Loading Rack is any date other than the first day of a Contract Quarter, then the Minimum Group 1 Loading Rack Revenue Commitment for the initial Contract Quarter shall be prorated based upon the number of days actually in such contract quarter and the initial Contract Quarter.