Common use of Calculation of Market Price Clause in Contracts

Calculation of Market Price. 10.1.1 The unit selling price of Crude Oil under this Contract shall be the FOB Market Price at the Delivery Point, expressed in Dollars per Barrel and calculated in accordance with this Article 10.1. A Market Price shall be established for each type of Crude Oil or Crude Oil blend.

Appears in 4 contracts

Samples: www.resourcecontracts.org, www.resourcecontracts.org, www.droit-afrique.com

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Calculation of Market Price. 10.1.1 The unit selling price per unit of Crude Oil under this Contract shall will be the FOB Market Price at the Delivery Point, expressed in Dollars per Barrel and calculated in accordance with this Article 10.1. A Market Price shall will be established for each type of Crude Oil or Crude Oil blend, according to this Article 10.1.

Appears in 3 contracts

Samples: Kosmos Energy Ltd., eiti-ge.org, egronda.com

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Calculation of Market Price. 10.1.1 The unit selling price per unit of Crude Oil under this Contract shall will be the FOB Market Price market price at the Delivery Point, expressed in Dollars per Barrel and calculated in accordance with this Article 10.110.1 (the “Market Price”). A Market Price shall will be established for each type of Crude Oil or Crude Oil blend, according to this Article 10.1.

Appears in 1 contract

Samples: Guarantee Agreement (Kosmos Energy Ltd.)

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