Calculation of a Payment Amount. In the event that the Buyer becomes obliged, pursuant to Paragraph 10, to pay a Payment Amount on a Payment Date in respect of the purchase price for the relevant FPR Asset Quantity of the FPR Assets that the Buyer has become obliged to purchase pursuant to such Paragraph 10 the Payment Amount payable by the Buyer on that Payment Date will be an amount calculated on a formula basis by the Calculation Agent for that Payment Date and for the Calculation Period ending on such date as follows:
Appears in 2 contracts
Sources: DFT Terms Agreement, DFT Terms Agreement