Common use of Basket Price Clause in Contracts

Basket Price. is a price, expressed in Dollars per Barrel, representing the Peruvian export port FOB value, defined in accordance with sub-section 8.4.1 for the Fiscalized Oil , sub-section 8.4.2 for the Fiscalized Condensates and with sub-section 8.4.3 for the Fiscalized Natural Gas Liquids.

Basket Price. is a the price, expressed in Dollars per Barrel, representing which represents the FOB value at Peruvian export port FOB valueof export, defined determined in accordance with sub-section the provisions set forth in subpoint 8.4.1 for the Fiscalized Oil Petroleum, sub-section in subpoint 8.4.2 for the Fiscalized Condensates Condensates, and with sub-section in subpoint 8.4.3 for the Fiscalized Natural Gas Liquids.

Basket Price. is a price, expressed in Dollars per Barrel, representing the Peruvian export port FOB value, based upon a basket of prices for Liquid Hydrocarbons defined in accordance with sub-section 8.4.1 for the Fiscalized Oil Basket Price, sub-section 8.4.2 for the Fiscalized Condensates and with sub-section 8.4.3 for the Fiscalized Natural Gas LiquidsLiquids Basket Price and sub-section 8.4.4 for the Condensate Basket Price.