Common use of Management Practices Clause in Contracts

Management Practices. Genesis OLP shall, and shall cause the Subsidiaries to, operate at all times in conformity with risk management policies, credit and receivable risk exposure practices and cash management practices in effect prior to the date hereof for the crude oil gathering operations of Basis; provided that Salomon Inc may from time to time revise or alter such policies and practices in its reasonable discretion, in which case Genesis OLP and the Subsidiaries shall from and thereafter operate in conformity with such revised or altered policies and practices.

Management Practices. Genesis OLP shall, and shall cause the Subsidiaries to, operate at all times in conformity with risk management policies, credit and receivable risk exposure practices and cash management practices in effect prior to the date hereof for the crude oil gathering operations of Basis; provided that Salomon Inc may from time to time revise or alter such policies and practices in its reasonable discretion, in which case Genesis OLP and the Subsidiaries shall from and thereafter operate in conformity with such revised or altered policies and practices.