Common use of Minimum Loading Rack Revenue Commitment Clause in Contracts

Minimum Loading Rack Revenue Commitment. (i) Subject to Xxxxxxx 0, Xxxxxxxx Xx Xxxxxx shall pay El Dorado Logistics throughput fees associated with the Loading Racks that will satisfy the Minimum Loading Rack Revenue Commitment in exchange for El Dorado Logistics providing Frontier El Dorado a minimum of 20,000 barrels per day of aggregate capacity at the Loading Racks. The “Minimum Loading Rack Revenue Commitment” shall be an amount of revenue to El Dorado Logistics for each Contract Quarter determined by multiplying the Minimum Loading Rack Throughput by the Loading Rack Tariff as such Loading Rack Tariff may be revised pursuant to Section 2(c)(ii) or Section 2(m). Frontier El Dorado will pay El Dorado Logistics the Loading Rack Tariff for all quantities of Products or other materials loaded at the Loading Racks or the asphalt loading rack and any Products or other materials shipped using the weight scales. Notwithstanding the foregoing, in the event that the Closing Date is any date other than the first day of a Contract Quarter, then the Minimum 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. FIRST AMENDED AND RESTATED PIPELINE DELIVERY, TANKAGE AND LOADING RACK THROUGHPUT AGREEMENT (EL DORADO)

Minimum Loading Rack Revenue Commitment. (i) Subject to Xxxxxxx 0Section 4, Xxxxxxxx Xx Xxxxxx Frontier Cheyenne shall pay El Dorado Cheyenne Logistics throughput fees associated with the Loading Racks that will satisfy the Minimum Loading Rack Revenue Commitment in exchange for El Dorado Cheyenne Logistics providing Frontier El Dorado Cheyenne a minimum of 20,000 41,000 barrels per day of aggregate capacity at the Loading Racks. The “Minimum Loading Rack Revenue Commitment” shall be an amount of revenue to El Dorado Cheyenne Logistics for each Contract Quarter determined by multiplying the Minimum Loading Rack Throughput by the Loading Rack Tariff as such Loading Rack Tariff may be revised pursuant to Section 2(c)(ii) or Section 2(m). Frontier El Dorado Cheyenne will pay El Dorado Cheyenne Logistics the Loading Rack Tariff for (A) all quantities of Products and Crude Oil shipped out of the Refinery by pipeline or asphalt loading racks, and (B) all quantities of Products, Crude Oil and any other materials (such FIRST AMENDED AND RESTATED TANKAGE, LOADING RACK AND CRUDE OIL RECEIVING THROUGHPUT AGREEMENT (CHEYENNE) as coke and sulfur) loaded at the Loading Racks or the asphalt loading rack and any Products or other materials shipped using the weight scales. Notwithstanding the foregoing, in the event that the Closing Date is any date other than the first day of a Contract Quarter, then the Minimum 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. FIRST AMENDED AND RESTATED PIPELINE DELIVERY, TANKAGE AND LOADING RACK THROUGHPUT AGREEMENT (EL DORADO).

Minimum Loading Rack Revenue Commitment. (i) Subject to Xxxxxxx 0, Xxxxxxxx Xx Xxxxxx shall pay El Dorado Logistics throughput fees associated with the Loading Racks that will satisfy the Minimum Loading Rack Revenue Commitment in exchange for El Dorado Logistics providing Frontier El Dorado a minimum of 20,000 barrels per day of aggregate capacity at the Loading Racks. The “Minimum Loading Rack Revenue Commitment” shall be an amount of revenue to El Dorado Logistics for each Contract Quarter determined by multiplying the Minimum Loading Rack Throughput by the Loading Rack Tariff as such Loading Rack Tariff may be revised pursuant to Section 2(c)(ii) or Section 2(m). Frontier El Dorado will pay El Dorado Logistics the Loading Rack Tariff for all quantities of Products or other materials loaded at the Loading Racks or the asphalt loading rack and any Products or other materials shipped using the weight scales. Notwithstanding the foregoing, in the event that the Closing Date is any date other than the first day of a Contract Quarter, then the Minimum 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. FIRST AMENDED AND RESTATED PIPELINE DELIVERY, TANKAGE AND LOADING RACK THROUGHPUT AGREEMENT (EL DORADO).

Minimum Loading Rack Revenue Commitment. (i) Subject to Xxxxxxx 0, Xxxxxxxx Xx Xxxxxx shall pay El Dorado Logistics throughput fees associated with the Loading Racks that will satisfy the Minimum Loading Rack Revenue Commitment in exchange for El Dorado Logistics providing Frontier El Dorado a minimum of 20,000 barrels per day of aggregate capacity at the Loading Racks. The “Minimum Loading Rack Revenue Commitment” shall be an amount of revenue to El Dorado Logistics for each Contract Quarter determined by multiplying the Minimum Loading Rack Throughput by the Loading Rack Tariff as such Loading Rack Tariff may be revised pursuant to Section 2(c)(ii) or Section 2(m). Frontier El Dorado will pay El Dorado Logistics the Loading Rack Tariff for all quantities of Products or other materials loaded at the Loading Racks or the asphalt loading rack Rack and any Products or other materials shipped using the weight scalesscales associated with the Loading Racks. Notwithstanding the foregoing, in the event that the Closing Date is any date other than the first day of a Contract Quarter, then the Minimum 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. FIRST AMENDED AND RESTATED PIPELINE DELIVERY, TANKAGE AND LOADING RACK THROUGHPUT AGREEMENT (EL DORADO).