Standard Contracts
Re: Third Letter Agreement with Respect to Ethanol Offloading, Storage and Blending Facilities to be Constructed and Ethanol Offloading, Storage and Blending Services to be Provided Under the Pipeline and Terminals Agreement (as such agreement has...Third Letter Agreement • August 2nd, 2011 • Holly Energy Partners Lp • Pipe lines (no natural gas)
Contract Type FiledAugust 2nd, 2011 Company IndustryAs you are aware, ALON has requested that HEP provide certain ethanol offloading, storage and blending services under the Agreement to ALON at HEP’s Refined Products Terminals located in Abilene, Texas and Wichita Falls, Texas. Such services, which are more fully described in Exhibit 1 hereto (the “Services”), constitute additional ancillary services under Section 2(c) of the Agreement for which the parties have agreed upon additional fees and rates as set forth herein. HEP will incur capital expenditures to modify existing equipment and facilities and to construct additional equipment and facilities necessary to provide such services to ALON at the Refined Products Terminals. The purpose of this letter agreement (this “Third Letter Agreement”) is to supplement the Agreement by memorializing the agreement between HEP and ALON with respect to the construction and operation of the equipment and facilities HEP will use to provide the Services to ALON, the fees that ALON will pay to HEP wi