Certain PESRM Services. PESRM shall at all times during the Term use commercially reasonable efforts to maintain sufficient staff and operational capabilities to meet its obligations under this Agreement, including sufficient staff to manage PESRM’s obligations under this Section 10.22 and under Article III and Article IV. During the Term PESRM shall: (a) maintain staff necessary to prepare the reports and summaries required to be prepared by PESRM pursuant to Articles III and IV and to provide MLC, upon request, with all supporting documentation relating to such reports and summaries (including any related pipeline tickets and inspection reports); (b) maintain sufficient manual inputs into PESRM’s systems necessary to perform the reconciliations required under this Agreement; (c) maintain sufficient knowledge of the reporting requirements for relevant jurisdictions with respect to the purchase, sale and transport of Hydrocarbon necessary to satisfy such reporting requirements; (d) file, or cause to be filed, all reports required to be filed by any Transaction Party with respect to this Agreement, any PESRM Transaction or any PESRM Transaction Document; (e) upon MLC’s reasonable request, provide confirmation that PESRM has fulfilled all obligations, requirements and standards imposed by any Governmental Authority with respect to the Refinery, this Agreement and the transactions contemplated hereunder; (f) maintain appropriate information technology staff to: (i) support and maintain each Transaction Party’s information technology systems and infrastructure, ** Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. (ii) develop and maintain such data feeds as may be required by MLC with respect to the performance of MLC’s obligations under this Agreement, and (iii) maintain and/or develop a data exchange to the extent required by MLC; and (g) provide to MLC such automated data feeds as MLC may reasonably require with respect to the performance of its obligations under this Agreement and the other PESRM Transaction Documents, including daily inventory balance feeds, run schedule information feeds and feeds detailing the movement of Hydrocarbon into and out of the Refinery and the movement of Hydrocarbon within the Refinery.
Appears in 1 contract
Sources: Supply and Offtake Agreement (Philadelphia Energy Solutions Inc.)
Certain PESRM Services. PESRM shall at all times during the Term use commercially reasonable efforts to maintain sufficient staff and operational capabilities to meet its obligations under this Agreement, including sufficient staff to manage PESRM’s obligations under this Section 10.22 and under Article III and Article IV. During the Term PESRM shall:
(a) maintain staff necessary to prepare the reports and summaries required to be prepared by PESRM pursuant to Articles III and IV and to provide MLC, upon request, with all supporting documentation relating to such reports and summaries (including any related pipeline tickets and inspection reports);
(b) maintain sufficient manual inputs into PESRM’s systems necessary to perform the reconciliations required under this Agreement;
(c) maintain sufficient knowledge of the reporting requirements for relevant jurisdictions with respect to the purchase, sale and transport of Hydrocarbon necessary to satisfy such reporting requirements;
(d) file, or cause to be filed, all reports required to be filed by any Transaction Party with respect to this Agreement, any PESRM Transaction or any PESRM Transaction Document;
(e) upon MLC’s reasonable request, provide confirmation that PESRM has fulfilled all obligations, requirements and standards imposed by any Governmental Authority with respect to the Refinery, this Agreement and the transactions contemplated hereunder;
(f) maintain appropriate information technology staff to:
(i) support and maintain each Transaction Party’s information technology systems and infrastructure,
(ii) develop and maintain such data feeds as may be required by MLC with respect to the performance of MLC’s obligations under this Agreement, and ** Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
(ii) develop and maintain such data feeds as may be required by MLC with respect to the performance of MLC’s obligations under this Agreement, and
(iii) maintain and/or develop a data exchange to the extent required by MLC; and
(g) provide to MLC such automated data feeds as MLC may reasonably require with respect to the performance of its obligations under this Agreement and the other PESRM Transaction Documents, including daily inventory balance feeds, run schedule information feeds and feeds detailing the movement of Hydrocarbon into and out of the Refinery and the movement of Hydrocarbon within the Refinery.
Appears in 1 contract
Sources: Supply and Offtake Agreement (Philadelphia Energy Solutions Inc.)