Contractual Price. 1.1 The Contractual Price for each type of Hydrocarbon will be determined based on the provisions of the Hydrocarbon Revenues Law, in accordance with the procedure established in this Annex 3.
1.2 Each Period, the Considerations indicated in Articles 16.2 paragraphs (b) and (c), and 16.3 paragraphs (a) and (b), will be calculated based on the Contractual Price of each type of Hydrocarbon, that shall be determined based on the criteria established in this Annex 3.
1.3 For purposes of this Annex 3, t shall mean the sub index corresponding to the Period. In case the Petroleum Activities are conducted during a Period which does not encompass a complete Month, the Period shall be the number of Days during which this Contract was actually in effect.
1.4 The Contractual Price of Crude Oil per Barrel will be determined as follows:
(a) In case that during the Period the Contractor markets under Market Rules at least fifty percent (50%) of the Crude Oil volume delivered to it during the Period or there is a commitment for such marketing (including long term sale contracts under which the price is determined by Market Rules), the Contractual Price of Crude Oil for the Period in which the marketing is registered shall be equal to the average observed sale price weighted by the corresponding volume, that the Contractor has marketed or committed to market. In the case of any volume that the Contractor sells or delivers to an Affiliate or a related party, which is in turn marketed to a third party without any intermediate treatment or processing, the sales price and volume corresponding to such Affiliate or related party transaction with a third party, may be considered in the calculation of the Contractual Price of Crude Oil during the Period.
(b) In case that, during the Period, the Contractor does not market under Market Rules at least fifty per cent (50%) of the Crude Oil volume delivered to it in the Period, but the Marketer has registered marketing of the Crude Oil corresponding to the Contract Area based on Market Rules, the Contractual Price of Crude Oil shall be equal to the average price, weighted by the corresponding volume, reported by the Marketer. [illegible signatures]
(c) If at the end of the corresponding Period the Contractor has not registered marketing under Market Rules, of at least fifty percent (50%) of the Crude Oil volume delivered to him during the Period, or by the Marketer, the Contractual Price of Crude Oil shall be calculated based on the co...
Contractual Price. The Contractual Price for each type of Hydrocarbon will be determined based on the provisions of the Hydrocarbon Revenues Law, in accordance with the procedure established in this Annex.
Contractual Price. The Contractual Price is: Megawatt-hour rate p2 = x * NCG One Day Ahead Price Index (according to EEX). P2 is exclusive of any applicable VAT and equivalent taxes.
Contractual Price. 1.1 The Contractual Price for each type of Hydrocarbon will be determined based on the provisions of the Hydrocarbon Revenues Law, in accordance with the procedure established in this section.
1.2 The Considerations will be calculated in each Period taking into account the prices of the Hydrocarbons determined using the formulas specified in sections 1.7. 1.8 and 1.9 of this annex.
1.3 Once the Hydrocarbons are marketed, adjustments shall be made in the Considerations, in the immediately following month, when differences exist between the price determined by the formula used and the price reported to the Fund by the Contractor or by the State’s Marketer, provided that the Hydrocarbons were sold in an arm’s length transaction and taking into account the adjustment at the Measurement Point established in section 1.10 of this Annex. The price reported by the Contractor shall be duly justified on the basis of the accounting rules contained in this Contract.
Contractual Price. For the supply referred to in Clause 1, INCM shall pay SAAS, up to a total maximum price of $ 17.880,00 (seventeen thousand, eight hundred and eighty USD).
Contractual Price. According to the following contractual parameters: the Client undertakes to pay monthly: where: P0 is the basic price, equal to: for April through October: [*******] €/MWh for the remaining months: [*******] €/MWh
Contractual Price. The price for the base load energy under ARTICLE 2 hereof, expressed in EUR for each MWh, is EUR/MWh for the whole contractual period. The price for the peak load energy under ARTICLE 2 hereof, expressed in EUR for each MWh, is EUR/MWh for the whole contractual period.
Contractual Price. The Contractual Price is: P = xxx Euro/MWh P is exclusive of any applicable VAT and equivalent taxes.
Contractual Price. The Contractual price of the Agreement is US$4000 (four thousands US dollars) and includes the execution of research and development until final product, its transfer to Orderer, and other related to the Agreement expense. Upon approval from the Orderer certain budget lines may be increased by Prof. Koridze to subcontract research and development in other organizations, to purchase chemicals and other relevant expenses.
Contractual Price. The price for the minute reserve power in accordance with item 1.2. is constructed in the following way:
a) fixed fee for the contractual amount of the minute reserve power in accordance with Article 1 is EUR. b) price for the delivered electric energy is EUR/MWh.
