Assignment and Assumption of Throughput Agreements Sample Contracts

ASSIGNMENT AND ASSUMPTION OF THROUGHPUT AGREEMENTS
Assignment and Assumption of Throughput Agreements • October 21st, 2015 • Holly Energy Partners Lp • Pipe lines (no natural gas) • Texas

THIS ASSIGNMENT AND ASSUMPTION OF THROUGHPUT AGREEMENTS (this “Assignment”) is made and entered into on this 16th day of October, 2015 to be effective as of 12:01 a.m. Central Time on January 1, 2015 (the “Effective Time”), by and among HOLLY ENERGY PARTNERS-OPERATING, L.P. (“Assignee”), on the one hand, and HOLLY ENERGY STORAGE-LOVINGTON LLC, a Delaware limited liability company (“HEP Lovington”), HEP TULSA LLC, a Delaware limited liability company (“HEP Tulsa”), CHEYENNE LOGISTICS LLC, a Delaware limited liability company (“Cheyenne Logistics”), and EL DORADO LOGISTICS LLC a Delaware limited liability company (“El Dorado Logistics”; with HEP Lovington, HEP Tulsa and Cheyenne Logistics, collectively, the “Assignors”), on the other hand, with reference to the following facts:

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ASSIGNMENT AND ASSUMPTION OF THROUGHPUT AGREEMENTS
Assignment and Assumption of Throughput Agreements • October 21st, 2015 • HollyFrontier Corp • Petroleum refining • Texas

THIS ASSIGNMENT AND ASSUMPTION OF THROUGHPUT AGREEMENTS (this “Assignment”) is made and entered into on this 16th day of October, 2015 to be effective as of 12:01 a.m. Central Time on January 1, 2015 (the “Effective Time”), by and among HOLLYFRONTIER REFINING & MARKETING LLC, a Delaware limited liability company (“Assignee”), on the one hand, and NAVAJO REFINING COMPANY, L.L.C., a Delaware limited liability company (“Navajo”), HOLLY REFINING & MARKETING – TULSA LLC, a Delaware limited liability company (“HRM-Tulsa”) FRONTIER REFINING LLC, a Delaware limited liability company (“Frontier Refining”), and FRONTIER EL DORADO REFINING LLC, a Delaware limited liability company (“Frontier El Dorado”; with Navajo, HRM-Tulsa and Frontier Refining, collectively, the “Assignors”), on the other hand, with reference to the following facts:

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