El Dorado Assets definition
Examples of El Dorado Assets in a sentence
HollyFrontier El Dorado will retain responsibility for complying with the terms of the El Dorado RCRA Order, including all obligations that apply or relate to the El Dorado Assets.
El Dorado Assets Pipelines Pipeline delivery throughput shall be determined by the shipments of Products by pipeline (and not over the Loading Racks) from the El Dorado Refinery.
The applicable HollyFrontier Entity shall have the right, but not the duty, to be fully informed and to participate in the prosecution and/or settlement of any notice of violation or enforcement action relating to the El Dorado Assets.
With respect to any Crude Oil or Products that are transported, stored or handled in connection with any of the El Dorado Assets, Frontier El Dorado agrees that Frontier El Dorado or another HollyFrontier Entity will continue acting in the capacity of the shipper of any such Crude Oil or Products for its own account at all times that such Crude Oil or Products are being transported, stored or handled in such El Dorado Assets.
The Parties acknowledge the right of first refusal of Frontier El Dorado with respect to the El Dorado Assets provided in the Omnibus Agreement.
El Dorado Logistics will and will cause its Affiliates to cooperate with and support Frontier El Dorado and its Affiliates in satisfying any applicable compliance and reporting obligations under the RCRA Order or Environmental Permits as they relate to the El Dorado Assets and does hereby authorize Frontier El Dorado to submit all reports, certifications and other compliance related submissions on its behalf in satisfaction of such compliance and reporting obligations.
Additionally, the Parties Agree that Frontier El Dorado will retain responsibility for complying with the terms of the RCRA Order, including all obligations that apply or relate to the El Dorado Assets.
Upon request by El Dorado Logistics, Frontier El Dorado will provide to El Dorado Logistics written notification of Frontier El Dorado’s reasonable good faith estimate of their anticipated future utilization of the El Dorado Assets as soon as reasonably practicable after receiving such request.
The Parties acknowledge the indemnification obligations between the Parties and their Affiliates with respect to the El Dorado Assets provided in the Omnibus Agreement.
The Parties also agree to execute and submit to the U.S. District Court in Kansas, a modification of the El Dorado Consent Decree that makes binding upon El Dorado Logistics all of the terms and conditions of the El Dorado Consent Decree that are applicable to the El Dorado Assets and that releases Frontier El Dorado from the post-transfer obligations and liabilities of the El Dorado Consent Decree applicable to the El Dorado Assets.