Common use of Market Price Clause in Contracts

Market Price. Unless otherwise provided in this Agreement, the Market Price of crude oil sold or exchanged under this Agreement shall be the price for crude oil for the delivery month specified in this Agreement and at the delivery location that corresponds to the delivery location specified in this Agreement, as reported in Xxxxx’x Oilgram Price Report (“Xxxxx’x”) for the date on which the Liquidating Party terminates this Agreement. If Xxxxx’x reports a range of prices for crude oil on that date, the Market Price shall be the arithmetic average of the high and low prices reported by Xxxxx’x. If Xxxxx’x does not report prices for the crude oil being sold under this Agreement, the Liquidating Party shall determine the Market Price of such crude oil in a commercially reasonable manner, unless otherwise provided in this Agreement.

Market Price. Unless otherwise provided in this Agreement, the Market Price of crude oil sold or exchanged under this Agreement shall be the price for crude oil for the delivery month specified in this Agreement and at the delivery location that corresponds to the delivery location specified in this Agreement, as reported in Xxxxx’x Oilgram Olgram Price Report (“Xxxxx’x”) for the date on which the Liquidating Party terminates this Agreement. If Xxxxx’x reports a range of prices for crude oil on that date, the Market Price shall be the arithmetic average of the high and low prices reported by Xxxxx’x. If Xxxxx’x does not report prices for the crude oil being sold under this Agreement, the Liquidating Party shall determine the Market Price of such crude oil in a commercially reasonable manner, unless otherwise provided in this Agreement.

Market Price. Unless otherwise provided in this Agreement, the Market Price of crude oil sold or exchanged under this Agreement shall be the price for crude oil for the delivery month specified in this Agreement and at the delivery location that corresponds to the delivery location specified in this Agreement, as reported in Xxxxx’x Pxxxx'x Oilgram Price Report (“Xxxxx’x”"Pxxxx'x") for the date on which the Liquidating Party terminates this Agreement. If Xxxxx’x Pxxxx'x reports a range of prices for crude oil on that date, the Market Price shall be the arithmetic average of the high and low prices reported by Xxxxx’xPxxxx'x. If Xxxxx’x Pxxxx'x does not report prices for the crude oil being sold under this Agreement, the Liquidating Party shall determine the Market Price of such crude oil in a commercially reasonable manner, unless otherwise provided in this Agreement.

Market Price. Unless otherwise provided in this Agreement, the Market Price of crude oil sold or exchanged under this Agreement shall be the price for crude oil for the delivery month specified in this Agreement and at the delivery location that corresponds to the delivery location specified in this Agreement, as reported in Xxxxx’x Xxxxx'x Oilgram Price Report (“Xxxxx’x”"Xxxxx'x") for the date on which the Liquidating Party terminates this Agreement. If Xxxxx’x Xxxxx'x reports a range of prices for crude oil on that date, the Market Price shall be the arithmetic average of the high and low prices reported by Xxxxx’xXxxxx'x. If Xxxxx’x Xxxxx'x does not report prices for the crude oil being sold under this Agreement, Agreement the Liquidating Party shall determine the Market Price of such crude oil in a commercially reasonable manner, unless otherwise provided in this Agreement.

Market Price. Unless otherwise provided in this Agreement, the Market Price of crude oil sold or exchanged under this Agreement shall be the price for crude oil for the delivery month specified in this Agreement and at the delivery location that corresponds to the delivery location specified in this Agreement, as reported in Xxxxx’x Xxxxx'x Oilgram Price Report (“Xxxxx’x”"Xxxxx'x") for the date on which the Liquidating Party terminates this Agreement. If Xxxxx’x Xxxxx'x reports a range of prices for crude oil on that date, the Market Price shall be the arithmetic average of the high and low prices reported by Xxxxx’xXxxxx'x. If Xxxxx’x Xxxxx'x does not report prices for the crude oil being sold under this Agreement, the Liquidating Party shall determine the Market Price of such crude oil in a commercially reasonable manner, unless otherwise provided in this Agreement.

Market Price. Unless otherwise provided in this Agreement, the Market Price of crude oil sold or exchanged under this Agreement shall be the price for crude oil for the delivery month specified in this Agreement and at the delivery location that corresponds to the delivery location specified in this Agreement, as reported in Xxxxx’x Oilgram Price Report (“Xxxxx’x”) for Xxxxx’x”)for the date data on which the Liquidating liquidating Party terminates terminate this Agreement. If Xxxxx’x reports a range of prices for of crude oil on that date, the Market Price market price shall be the arithmetic average of the high and low prices reported by Xxxxx’x. If Xxxxx’x does not report prices for the crude oil being sold under this Agreement, the Liquidating Party shall determine the Market Price of such crude oil in a commercially reasonable manner, unless otherwise provided in this Agreementagreement.

Market Price. Unless otherwise provided in this Agreement, the Market Price of crude oil sold or exchanged under this Agreement shall be the price for crude oil for the delivery month specified in this Agreement and at the delivery location that corresponds to the delivery location specified in this Agreement, as reported in Xxxxx’x Pxxxx'x Oilgram Price Report (“Xxxxx’x”"Pxxxx'x") for the date on which the Liquidating Party terminates this Agreement. If Xxxxx’x Pxxxx'x reports a range of prices for crude oil on that date, the Market Price shall be the arithmetic average of the high and low prices reported by Xxxxx’xPxxxx'x. If Xxxxx’x Pxxxx'x does not report prices for the crude oil being sold under this Agreement, Agreement the Liquidating Party shall determine the Market Price of such crude oil in a commercially reasonable manner, unless otherwise provided in this Agreement.

Market Price. Unless otherwise provided in this Agreement, the Market Price of crude oil sold or exchanged under this Agreement shall be the price for crude oil for the delivery month specified in this Agreement and at the delivery location that corresponds to the delivery location specified in this Agreement, as reported in Xxxxx’x Pxxxx’x Oilgram Price Report (“Xxxxx’xPxxxx’x”) for the date on which the Liquidating Party terminates this Agreement. If Xxxxx’x Pxxxx’x reports a range of prices for crude oil on that date, the Market Price shall be the arithmetic average of the high and low prices reported by Xxxxx’xPxxxx’x. If Xxxxx’x Pxxxx’x does not report prices for the crude oil being sold under this Agreement, the Liquidating Party shall determine the Market Price of such crude oil in a commercially reasonable manner, unless otherwise provided in this Agreement.