Cheyenne Logistics definition
Examples of Cheyenne Logistics in a sentence
The Refined Products Truck Loading Rack, including the Vapor Recovery Unit and the two (2) Propane Loading Spots transferred to Cheyenne Logistics pursuant to that certain Conveyance, Assignment and ▇▇▇▇ of Sale (Cheyenne), dated effective as of October 25, 2011, by and between Frontier Cheyenne and Cheyenne Logistics.
Cheyenne Logistics confirms that it has received a copy of the Cheyenne RCRA Order.
Cheyenne Logistics will and will cause its Affiliates to cooperate with and support HollyFrontier Cheyenne and its Affiliates in satisfying any applicable compliance and reporting obligations under the Cheyenne RCRA Order or Environmental Permits as they relate to the Cheyenne Assets and does hereby authorize HollyFrontier Cheyenne to submit all reports, certifications and other compliance related submissions on its behalf in satisfaction of such compliance and reporting obligations.
This Section 15 is a continuing guaranty and shall (i) remain in full force and effect until the first to occur of the indefeasible payment in full of all of the Cheyenne Logistics Payment Obligations, (ii) be binding upon the Partnership, the Operating Partnership, and each of their respective successors and assigns and (iii) inure to the benefit of and be enforceable by Frontier Cheyenne and its successors, transferees and assigns.
Frontier Cheyenne will make payments to Cheyenne Logistics by electronic payment with immediately available funds on a monthly basis during the Term with respect to services rendered or reimbursable costs or expenses incurred by Cheyenne Logistics under this Agreement in the prior month.
Subject to (i) any Applicable Law and (ii) technical specifications of the Tankage, Frontier Cheyenne may request that Cheyenne Logistics change the service of any of the Tankage from storage of one Product to storage of a different Product.
Frontier Cheyenne, Cheyenne Logistics, and the arbitrators shall proceed diligently and in good faith in order that the award may be made as promptly as possible.
Upon request by Cheyenne Logistics, Frontier Cheyenne will provide to Cheyenne Logistics written notification of Frontier Cheyenne’s reasonable good faith estimate of their anticipated future utilization of Tankage, Loading Racks and Crude Oil Receiving Assets as soon as reasonably practicable after receiving such request.
Frontier Cheyenne shall pay the Deficiency Payment to Cheyenne Logistics upon the later of: (1) ten (10) days after their receipt of the Deficiency Notice and (2) thirty (30) days following the end of the related Contract Quarter.
The “Minimum Tankage Revenue Commitment” shall be an amount of revenue to Cheyenne Logistics for each Contract Quarter determined by multiplying the Minimum Tankage Throughput by the Tankage Base Tariff as such Tankage Base Tariff may be revised pursuant to Section 2(b)(iii), Section 2(m), and Section 2(n).