Common use of Terminal Operations and Maintenance Clause in Contracts

Terminal Operations and Maintenance. Except as otherwise provided in this Agreement, control and operation of the Refined Product Terminals will rest exclusively with HEP. HEP shall operate and manage the Refined Product Terminals in accordance with industry standards and customs. Except as otherwise provided in this Agreement, HEP, at its sole cost and expense, shall maintain the Refined Product Terminals in good condition and repair, in accordance with all Applicable Laws, and in accordance with accepted industry practices and procedures in the repair and maintenance of storage facilities. HEP shall inform ALON promptly of any adverse event or circumstance affecting the Refined Product Terminals.

Appears in 4 contracts

Samples: Pipelines and Terminals Agreement, Pipelines and Terminals Agreement (Holly Energy Partners Lp), Contribution Agreement (Holly Energy Partners Lp)

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