Throughput Agreement definition

Throughput Agreement as used herein means an agreement between a Contract Shipper and Pipeline Operator pursuant to which Contract Shipper commits to ship, or if not shipped nonetheless pay for the transportation of, a Committed Volume of Crude Petroleum.

Throughput Agreement means an agreement whereby Frontier El Dorado or Frontier Refining (or their Affiliates) agrees to terminal, transport or store crude oil or refined petroleum products on, in or at the Assets, as such agreement may be amended, modified or superceded from time to time.

Throughput Agreement shall have the meaning set forth in the recitals.

Examples of Throughput Agreement in a sentence

• The terms and conditions of this Article 11 shall survive the termination or expiration of this Lease or the Master Throughput Agreement or the Master Tolling Agreements, as applicable, with respect to the Related Refinery Owner and the Relevant Asset Owner.

• Each Related Refinery Owner will use its commercially reasonable efforts to mitigate any reduction in revenues or throughput obligations under the Master Throughput Agreement or Master Tolling Agreements, as applicable, that would result from such a shut down or reconfiguration.

• In the event a conflict between the terms and conditions contained in the Throughput Agreement or the other Ancillary Agreements and this Agreement arises in connection with any matter pertaining to the provision of the SUMF Items, the terms and conditions contained in the Throughput Agreement will govern.

• Notwithstanding anything in this Agreement to the contrary, as used in Article III the definition of Assets shall not include the Tulsa Transferred Assets, the Xxxxxxxx Transferred Assets or the Additional Tulsa East Assets, though the parties hereto acknowledge the environmental indemnity provided among certain of the Xxxxx Entities and HEP Entities with respect to the Xxxxxxxx Transferred Assets and the Additional Tulsa East Assets contained in the Tulsa Throughput Agreement.

• In addition, the applicable Parties may terminate specific Services provided under this Agreement in the event the Throughput Agreement or Tolling Agreement related to the Assets for which such Services are performed or provided is terminated in accordance with its terms.

More Definitions of Throughput Agreement

Throughput Agreement means an agreement whereby HollyFrontier El Dorado, HollyFrontier Cheyenne or HollyFrontier Tulsa (or their Affiliates) agrees to terminal, transport or store crude oil or refined petroleum products on, in or at the Assets, as such agreement may be amended, modified or superseded from time to time.

Throughput Agreement means the Pipelines and Terminals Storage and Throughput Agreement between the Borrower, Sunoco R&M, and certain other Affiliates of Sunoco dated as of February 8, 2002.

Throughput Agreement means the Throughput and Tankage Agreement (El Dorado Terminal and Tankage) by and between Lion and Delek Logistics dated as of the date hereof.

Throughput Agreement means the Throughput and Tankage Agreement (Tyler Terminal and Tankage) by and between Delek Refining and Delek Marketing dated as of July 26, 2013.

Throughput Agreement means the relevant throughput agreement or tolling agreement, as applicable, entered into between the Related Refinery Owner and the Relevant Asset Owner.

Throughput Agreement has the meaning set forth in the Recitals.

Throughput Agreement means that certain Throughput Agreement by and among the Borrower and SemGroup and the other parties thereto dated as of July 20, 2007.