No Guaranteed Minimum. Notwithstanding anything to the contrary set forth in this Agreement, there is no requirement that the Applicable Refinery Owner actually deliver any minimum quantity of Feedstock to the Applicable Assets, it being understood that the Applicable Refinery Owner’s obligation for failing to deliver sufficient quantities of Feedstock to satisfy the Minimum Throughput Commitment for any Contract Quarter is to make Deficiency Payments as provided in Article 6.
Appears in 3 contracts
Sources: Master Tolling Agreement (HollyFrontier Corp), Master Tolling Agreement (Holly Energy Partners Lp), Master Tolling Agreement (Holly Energy Partners Lp)