Common use of Month End Inventory Clause in Contracts

Month End Inventory. (a) As of 11:59:59 p.m., CPT, on the last day of each month, the Refinery Companies shall (and DKTS shall cause each applicable Refinery Company to) apply the Volume Determination Procedures to the Crude Storage Facilities and the Product Storage Facilities, in each case, in respect of each Refinery, and based thereon shall determine for each Refinery for such month, (i) the aggregate volume of Crude Oil held in the Crude Storage Tanks in respect of such Refinery at that time, plus the aggregate volume of Crude Oil held in the Included Crude Pipelines in respect of such Refinery at that time (the “Actual Month End Crude Volume”) and (ii) for each Product, the aggregate volume of such Product held in the Product Storage Tanks at such Refinery at that time, plus the aggregate volume of such Product held in the Included Product Pipelines in respect of such Refinery at that time (each, an “Actual Month End Product Volume”). The Refinery Companies shall (and DKTS shall cause each applicable Refinery Company to) notify Citi of the Actual Month End Crude Volume and each Actual Month End Product Volume for each Refinery by no later than 2:00 p.m., CPT on the fifth Business Day thereafter, except that with respect to volume information provided by third parties, the Refinery Companies shall (and DKTS shall cause each applicable Refinery Company to) endeavor to cause third parties to provide such information to Citi by the fifteenth (15th) day after the end of such month.

Month End Inventory. (a) As of 11:59:59 p.m., CPT, on the last day of each month, the Refinery Companies Company shall (and DKTS shall cause each applicable Refinery Company to) apply the Volume Determination Procedures to the Crude Storage Facilities, the Product Storage Facilities and the Product Storage Facilities, in each case, in respect of each RefinerySpecified Lien Locations, and based thereon shall determine for each Refinery for such month, month (i) the aggregate volume of Crude Oil held in the Crude Storage Tanks in respect of such Refinery at that time, plus the Crude Oil Linefill at that time (the “Actual Month End Included Crude Volume”), (ii) the aggregate volume amount of Crude Oil held in the Included Specified Lien Locations (including Crude Pipelines in respect of such Refinery Oil Linefill) at that time (the “Actual Month End Crude VolumeLien Inventory”) and ), (iiiii) for each Product, the aggregate volume of such Product held in the Product Storage Tanks at such Refinery at that time, plus the aggregate volume of such Product held in the Included Third Party Product Pipelines in respect Storage Tanks at that time, plus the Product Linefill for such Product at that time (each, an “Actual Month End Included Product Volume”) and (iv) for each Product, the aggregate volume of such Refinery Product held in the Specified Lien Locations (including Product Linefill) at that time (each, an “Actual Month End Product VolumeLien Inventory”). The Refinery Companies Company shall (and DKTS shall cause each applicable Refinery Company to) notify Citi Xxxx of the Actual Month End Crude Volume and each Actual Month End Product Volume for each Refinery by no later than 2:00 5:00 p.m., CPT on the fifth Business Day thereafter, except that with respect to volume information provided by third parties, the Refinery Companies Company shall (and DKTS shall cause each applicable Refinery Company to) endeavor to cause third parties to provide such information to Citi Xxxx by the fifteenth (15th) day after the end of such month.

Month End Inventory. (a) As of 11:59:59 p.m., CPT, on the last day of each month, the Refinery Companies Company shall (and DKTS shall cause each applicable Refinery Company to) apply the Volume Determination Procedures to the Crude Storage Facilities, the Product Storage Facilities and the Product Storage Facilities, in each case, in respect of each RefinerySpecified Lien Locations, and based thereon shall determine for each Refinery for such month, month (i) the aggregate volume of Crude Oil held in the Crude Storage Tanks in respect of such Refinery at that time, plus the Crude Oil Linefill at that time (the “Actual Month End Included Crude Volume”), (ii) the aggregate volume amount of Crude Oil held in Specified NOTE: A request for confidential treatment has been made with respect to portions of the Included following document that are marked [*CONFIDENTIAL*]. The redacted portions have been filed separately with the SEC. Lien Locations (including Crude Pipelines in respect of such Refinery Oil Linefill) at that time (the “Actual Month End Crude VolumeLien Inventory”) and ), (iiiii) for each Product, the aggregate volume of such Product held in the Product Storage Tanks at such Refinery at that time, plus the aggregate volume of such Product held in the Included Third Party Product Pipelines in respect Storage Tanks at that time, plus the Product Linefill for such Product at that time (each, an “Actual Month End Included Product Volume”) and (iv) for each Product, the aggregate volume of such Refinery Product held in the Specified Lien Locations (including Product Linefill) at that time (each, an “Actual Month End Product VolumeLien Inventory”). The Refinery Companies Company shall (and DKTS shall cause each applicable Refinery Company to) notify Citi Xxxx of the Actual Month End Crude Volume and each Actual Month End Product Volume for each Refinery by no later than 2:00 5:00 p.m., CPT on the fifth Business Day thereafter, except that with respect to volume information provided by third parties, the Refinery Companies Company shall (and DKTS shall cause each applicable Refinery Company to) endeavor to cause third parties to provide such information to Citi Xxxx by the fifteenth (15th) day after the end of such month.