The Market Price applicable to liftings Sample Clauses

The Market Price applicable to liftings of Crude Oil during a Quarter shall be calculated at the end of that Quarter and shall be equal to the volume-weighted average of the prices obtained by the Contractor and the Republic for Crude Oil sold to third parties during that Quarter, in Arm’s Length Sales, adjusted to reflect the variances in quality, grade, as well as F.O.B. delivery terms and conditions of payment, provided that the quantities so sold in Arm’s Length Sales during that Quarter represent at least thirty per cent (30%) of the total quantities of Crude Oil obtained from all the Fields under this Contract and sold during said Quarter.
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The Market Price applicable to liftings of Crude Oil during a Quarter shall be calculated at the end of that Quarter and shall be equal to the weighted average of the F.O.B. realized prices at the Delivery Point obtained by the Investor and the Republic of Croatia for Crude Oil sold to third parties during the Quarter, on an Arm’s Length Sales basis, adjusted to reflect the variances in quality, grade, as well as F.O.B. delivery terms and conditions of payment. The quantities so sold to third parties during the Quarter shall represents at least thirty percent (30%) of the total quantities of Crude Oil obtained from all the Fields under this Agreement and sold during said Quarter. 16.2.2 Tržišna cijena koja se primjenjuje na preuzimanje Sirove nafte tijekom određenog Kvartala izračunava se na kraju tog Kvartala i jednaka je ponderiranom prosjeku FOB cijena koje su Investitor i Republika Hrvatska dobili za Sirovu naftu u Točki isporuke prodanu trećima tijekom tog Kvartala, u okviru Prodaje između nepovezanih strana, prilagođene tako da odražavaju razlike u kvaliteti, gradaciji te FOB uvjetima isporuke i uvjetima plaćanja. Količine koje su tako prodane trećim stranama tijekom tog Kvartala moraju predstavljati najmanje trideset posto (30%) ukupnih količina Sirove nafte dobivenih sa svih Polja u skladu s ovim Ugovorom i prodanih tijekom navedenog Kvartala.
The Market Price applicable to liftings of Crude Oil made during a calendar quarter shall be calculated at the end of said quarter and shall be equal to the weighted average of the process obtained for Crude Oil from the Delimited Area during said quarter by the Contractor and by NOCAL from independent purchasers, as adjusted to take into account the differences in quality and gravity as well as in F.O.B. delivery terms and payment conditions.

Related to The Market Price applicable to liftings

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