Dated Brent definition

Dated Brent means a cargo of North Sea Brent blended crude oil that has been assigned a date when it will be loaded onto a tanker.
View Source
Dated Brent means physical cargoes of crude oil loading in the North Sea that have been assigned specific delivery dates.
View Source

Examples of Dated Brent in a sentence

  • The price P (in French Francs per US barrel of crude oil free of sediment and water delivered in the Grandpuits refinery crude vats) shall be obtained by applying the following formula: P=(A+B+C)xD A is equal in value to the arithmetic mean of all average daily quotations (spot assessment) of the Dated Brent published in Platt's Oil Market Wire during month M + 1 for th▇ ▇▇▇th M deliverie▇ The value of B is equal to : -1.50 USD/bbl (minus one dollar and sixty cents per barrel).

  • The price P (in French Francs per US barrel of crude oil free of sediment and water delivered in the Grandpuits refinery crude vats) shall be obtained by applying the following formula: P=(A+B+C)xD A is equal in value to the arithmetic mean of all average daily quotations (spot assessment) of the Dated Brent published in Platt's Oil Market Wire during month M + 1 for th▇ ▇▇▇th M deliverie▇.

Related to Dated Brent

  • Liquidated Lease means a Defaulted Lease that is terminated and charged off by the Servicer prior to its Maturity Date.

  • Dated Date means the date of delivery of the Bonds.

  • Lease Balance means, as of any date of determination, an amount equal to the aggregate sum of the outstanding amount of the Advances, plus (without duplication) all accrued and unpaid Basic Rent and all Supplemental Rent owing by the Lessee under the Operative Documents.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Date of Commercial Operation means the date on which the (nuclear or non-nuclear) power plant has successfully passed all performance and operational tests required by the end customer for commercial operation. In all other cases the warranty shall apply for twenty-four (24) months from delivery of the goods or performance of the services, or such longer period of time as customarily provided by Supplier, plus delays such as those due to non-conforming goods and services. The warranties shall apply to Buyer, its successors, assigns and the users of goods and services covered by this Order.