Common use of Seller’s Obligations for Accurate and Timely Notices Clause in Contracts

Seller’s Obligations for Accurate and Timely Notices. Pricing is determined based on timely and accurate notices provided by Buyer to Seller and reference to appropriate indexes. Regardless of whether Seller acquires or fails to acquire the specified futures and other contracts, the pricing between Buyer and Seller shall be valid and binding in accordance with Buyer’s timely hedge related pricing instructions. The price that is to be used on any futures transaction shall be the appropriate [REDACTED] settlement price for the Business Day of the transaction. Any transaction shall duly be reflected in the futures account for that Hedge-Month Pool.