Common use of Grade Pecking Order Clause in Contracts

Grade Pecking Order. The GPO and RGPO (each a list of Grades and differences in price) shall reflect the relative refining economics of different Grades for each Requirement in Buyer’s Tentative Requirement Schedule. The determination of the GPO or RGPO as applicable shall be based on:

Appears in 4 contracts

Samples: Delivery and Services Agreement (PBF Energy Inc.), Delivery and Services Agreement (PBF Energy Inc.), Delivery and Services Agreement (PBF Energy Inc.)

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