Common use of Obligations of El Dorado Logistics Clause in Contracts

Obligations of El Dorado Logistics. During the Term and subject to the terms and conditions of this Agreement, including Section 13(b), El Dorado Logistics agrees to: (A) own or lease, operate and maintain the El Dorado Assets and all related assets necessary to handle the Crude Oil and Products from Frontier El Dorado; (B) provide the services required under this Agreement and perform all operations relating to the El Dorado Assets including, but not limited to, tank gauging, tank maintenance, tank dike maintenance, loading trucks, interaction with third party pipelines, and customer interface for access agreements; and (C) maintain adequate property and liability insurance covering the El Dorado Assets and any related assets owned by El Dorado Logistics and necessary for the operation of the El Dorado Assets. Notwithstanding the foregoing, subject to Section 13(b) of this Agreement and applicable provisions of the Omnibus Agreement, El Dorado Logistics is free to sell any of its assets, including assets that provide services under this Agreement, and Frontier El Dorado is free to merge with another entity and to sell all of its assets or equity to another entity at any time.