Per Pumping Unit Payment Sample Clauses

Per Pumping Unit Payment. (____0__) U. S., which amount shall be adjusted higher and lower for changes in the Natural Gas Price Index that occur after January 1, 2012 with adjustments to be effective as of January 1st of each calendar year (with the first adjustment occurring on January 1, 20) for the maximum number of Pumping Units installed at any time on Licensed Gas Fields during that calendar year or any preceding calendar year notwithstanding that the Natural Gas Price Gas Index is not reported until after January 1st of any year. The Natural Gas Price Index is _____________________ or such successor index as shall replace the same or the contract price with any government or private organization provide LICENSOR approved such price..