Reimbursement For Expenditures For Xxxxx Creek Tank Farm And Marcus Hook Tank Farm Sample Clauses

Reimbursement For Expenditures For Xxxxx Creek Tank Farm And Marcus Hook Tank Farm. In addition to its obligations under Sections 5.1 and 5.2, Sunoco R&M will reimburse the Partnership Group for maintenance capital and any other expenditures incurred by the Partnership Group that are required to conform the Xxxxx Creek Tank Farm and the Marcus Hook Tank Farm to applicable industry standards and regulatory requirements as of the Closing Date, subject to a maximum aggregate reimbursement by Sunoco under this Section 5.3 of $10.0 million. The maintenance capital and other expenditures required to be reimbursed under this Section 5.3 shall include the following: (i) cathodic protection upgrades in existence on the date of this Agreement; (ii) raising tank farm pipelines above ground; (iii) repair or demolition of the two riveted tanks at the Marcus Hook Tank Farm; and (iv) any other upgrades or maintenance required to put the Xxxxx Creek Tank Farm and the Marcus Hook Tank Farm in compliance with all applicable industry standards and regulatory requirements as of the Closing Date.
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