Commencement Date Transfer Clause Samples
Commencement Date Transfer. 20 ARTICLE 5 PURCHASE AND SALE OF CRUDE OIL.................................................. 21 ARTICLE 6 PURCHASE PRICE FOR CRUDE OIL ....................................................... 28 ARTICLE 7 TARGET INVENTORY LEVELS AND WORKING CAPITAL ADJUSTMENT ............................................................................................. 29
Commencement Date Transfer. 1Transfer and Payment on the Commencement Date. The Parties acknowledge and agree that the Commencement Date Volumes shall be sold and transferred to ▇▇▇▇ as provided under the Inventory Sales Agreement, against payment of the Estimated Commencement Date Value made as provided therein.
Commencement Date Transfer