Common use of SALES GAS PRICE Clause in Contracts

SALES GAS PRICE. Buyer shall pay to the Sellers the Sales Gas Price for the quantity of Sales Gas supplied at the Delivery Point under this Agreement as per the following calculation: A. Sales Gas Price on monthly basis in US$/ MMBTU (on GCV basis) rounded to 3 decimals shall be calculated as lower of: x. Xxxxxx LNG XXX + 1.0 ii. 16.67% of Average Xxxxx Xxxxx + P “P” shall be ……… US$/ MMBTU (on GCV basis) quoted as per the final price bid of the Buyer at which the gas volumes were awarded in CB Gas E-auction (RFP/CB/OS-2/2022/2);

Appears in 1 contract

Samples: Gas Sale Agreement

AutoNDA by SimpleDocs

SALES GAS PRICE. Buyer shall pay to the Sellers the Sales Gas Price for the quantity of Sales Gas supplied at the Delivery Point under this Agreement as per the following calculation: A. Sales Gas Price on monthly basis in US$/ MMBTU (on GCV basis) rounded to 3 decimals shall be calculated as lower of: x. Xxxxxx LNG XXX + 1.0 iixx. 16.6716.00% of Average Xxxxx Xxxxx + P “P” shall be ……… US$/ MMBTU (on GCV basis) quoted as per the final price bid of the Buyer at which the gas volumes were awarded in CB Gas E-auction (RFP/CB/OS-2/2022/2);

Appears in 1 contract

Samples: Gas Sale Agreement

SALES GAS PRICE. 9.1 Buyer shall pay to the Sellers the Sales Gas Price for the quantity of Sales Gas supplied at the Delivery Point under this Agreement as per the following calculation: A. Sales Gas Price on monthly basis in US$/ MMBTU (on GCV basis) rounded to 3 decimals shall be calculated as lower of: x. Xxxxxx LNG XXX WIM + 1.0 ii. 16.67% of Average Xxxxx Xxxxx + P “P” shall be ……… US$/ MMBTU (on GCV basis) quoted as per the final price bid of the Buyer at which the gas volumes were awarded in CB RJ Gas E-auction (RFP/CB/OS-2/2022/2RJ-ON-90/1/2022/1);

Appears in 1 contract

Samples: Gas Sale Agreement

AutoNDA by SimpleDocs

SALES GAS PRICE. 9.1 Buyer shall pay to the Sellers the Sales Gas Price for the quantity of Sales Gas supplied at the Delivery Point under this Agreement as per the following calculation: A. Sales Gas Price on monthly basis in US$/ MMBTU (on GCV basis) rounded to 3 decimals shall be calculated as lower of: x. Xxxxxx LNG XXX WIM + 1.0 ii. 16.67% of Average Xxxxx Xxxxx + P “P” shall be ……… US$/ MMBTU (on GCV basis) quoted as per the final price bid of the Buyer at which the gas volumes were awarded in CB Gas E-auction (RFP/CB/OS-2/2022/2OS-2/2022/1);

Appears in 1 contract

Samples: Gas Sale Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!