Common use of Hedge-Month Pool Clause in Contracts

Hedge-Month Pool. The sum of the volumes of the Cargo Bank Withdrawals (in the appropriate Delivery Month) with a particular Cargo Bank Hedge-Month will make up the volume of the “Hedge-Month Pool” for that Month. There will be one or more Hedge-Month Pools for any Delivery Month, the total volume of which will be the volume priced for that Month. No later than the last Business Day prior to the first day of the Delivery Month, the Parties shall agree to the following details, in the form of Appendix 14, with respect to the Hedge-Month Pools for such upcoming Delivery Month:

Appears in 4 contracts

Samples: Delivery and Services Agreement (PBF Energy Inc.), Delivery and Services Agreement (PBF Energy Inc.), Delivery and Services Agreement (PBF Energy Inc.)

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