Required Infrastructure. Neither (i) the Refinery (including the storage tanks, pipelines, racks, vessels, railroads, terminals and docks associated therewith) nor (ii) any of the storage tanks, pipelines, racks, vessels, railroads, railcars, railroad loading and unloading facilities, terminals, docks or other facilities, equipment and infrastructure that are necessary for MLC to fulfill its obligations under the Supply and Offtake Documents and the transactions contemplated thereby (such items in clauses (i) and (ii), collectively the “Required Infrastructure”) shall have been affected by loss or damage (whether or not covered by insurance) that reasonably would be expected to prevent the Borrower from storing crude oil at the Refinery, transporting crude oil to the Refinery, storing refined products at the Refinery or transporting refined products from the Refinery to delivery points for sales, except to the extent that such damage can be remedied within 30 days and the Borrower commits to make such repairs, in each case, in a manner and on terms reasonably satisfactory to the Administrative Agent.
Appears in 2 contracts
Sources: Revolving Credit and Guaranty Agreement (Philadelphia Energy Solutions Inc.), Revolving Credit and Guaranty Agreement (Philadelphia Energy Solutions Inc.)