Base Contract Quantity. The price for the Base Contract Quantity to be sold by Seller and purchased by Buyer hereunder shall be determined in accordance with Annex 3. The price per Barrel net of sediment and water for the Oil delivered under the Agreement shall be calculated using the following formula: P = Maya + A, where “Maya” and “A” are defined in Annex 3.
Appears in 3 contracts
Sources: Crude Oil Purchase/Sale Agreement, Purchase/Sale Agreement (NuStar GP Holdings, LLC), Purchase/Sale Agreement (NuStar Energy L.P.)