FO3 definition
FO3 means the average of the ▇▇▇▇▇’▇ prices for number 6 fuel oil having 3% sulfur content for the Five-Day Period, as set forth in Exhibit 3;
FO3 means the average of the Platt’s prices for number 6 fuel oil having 3% sulfur content for the Five-Day Period, as set forth in Exhibit 3;
FO3 means the average of the Platt’s prices for the Number 6 fuel oil having 3% Sulfur content for the Five-Day Period;
Examples of FO3 in a sentence
With respect to policies that include forms FO-1 or FO 0001, FO-2 or FO 0002, FO-3 or FO 0003 or FO-6 or FO 0006, the coverage provided by this endorsement is subject to the General Exclusions under Additional Policy Terms Applicable To All Property Coverages.
There is a full policy available, should carers wish to have access to this – please quote FO3 (j).
With respect to policies that include form FO-3 or FO 0003, the coverage provided by this endorsement is also subject to Exclusions Applying to Coverages A, B and C.