Examples of Hxxxx Entities in a sentence
The Hxxxx Entities, the Partnership Entities and the arbitrators shall proceed diligently and in good faith in order that the award may be made as promptly as possible.
The Hxxxx Entities will pay all taxes, import duties, license fees and other charges by any Governmental Authority levied on or with respect to the Crude Oil and Refined Product delivered by the Hxxxx Entities for transportation by the Partnership Entities in the Crude Oil Trunk Pipelines including, but not limited to, any New Mexico gross receipts and compensating (use) taxes.
The Hxxxx Entities and the Partnership Entities shall use their reasonable commercial efforts to comply with these laws and regulations, and shall negotiate in good faith to mitigate the impact of these laws and regulations and to determine the amount of the new tariff rates.
Any of the exhibits or schedules to this Agreement may be amended, modified, revised or updated by the parties hereto if each of Hxxxx (on behalf of the Hxxxx Entities) and the Partnership (on behalf of the Partnership Entities) execute an amended, modified, revised or updated exhibit or schedule, as applicable, and attach it to this Agreement.
The Parties intend to be strictly bound by the terms set forth in this Agreement, which sets forth revenues to the Partnership Entities to be paid by the Hxxxx Entities and requires the Partnership Entities to provide certain transportation and storage services to the Hxxxx Entities.
If that index is no longer published, the Hxxxx Entities and the Partnership Entities shall negotiate in good faith to agree on a new index that gives comparable protection against inflation and the same method of adjustment for increases in the new index shall be used to calculate increases in the Tankage Revenue Commitment.
The Deficiency Notice shall (i) specify in reasonable detail the nature of any deficiency and (ii) specify the approximate dollar amount that the Partnership Entities believe would have been paid by the Hxxxx Entities to the Partnership Entities if the Hxxxx Entities had complied with their respective obligations pursuant to Section 2(a)(i), Section 2(c) or Section 2(d) of this Agreement, as applicable (the “Deficiency Payment”).
The Partnership Entities shall, upon six (6) months’ prior written notice to the Hxxxx Entities, except in the event of an emergency or in order to comply with Applicable Law, have the right to discontinue operation with respect to any of the Gathering Pipelines in the event that such operation becomes (i) mechanically unreliable or (ii) uneconomical due to a decline in volume.
All fuel additives, anti-icers and DRA (collectively, “Additives”) added to the Crude Oil and Refined Product pursuant to this Section 2(g) will be provided by the Hxxxx Entities at no cost to the Partnership Entities or, if the Partnership Entities provide Additives, then the Hxxxx Entities agree to reimburse the Partnership Entities for the costs of the Additives.
If the Partnership Entities determine that adding drag reducing agents (“DRA”) and additives to the Crude Oil and Refined Products is reasonably required to move Crude Oil and Refined Product in the quantities necessary to meet the Hxxxx Entities’ schedule or as may be otherwise be required to safely move such quantities of Crude Oil and Refined Product, the Partnership Entities shall provide the Hxxxx Entities with an analysis of the proposed cost and benefits thereof.