Common use of VALUATION OF CRUDE OIL Clause in Contracts

VALUATION OF CRUDE OIL. 18.1 For the purposes of this Contract, the “Market Price” for Crude Oil shall be the FOB price at the Delivery Point, expressed in Dollars per Barrel and payable within thirty (30) days after the date of the bill of lading, as such Market Price is determined in this Article

VALUATION OF CRUDE OIL. 18.1 For the purposes of this Contract, the “Market Price” for Crude Oil shall be the FOB price at the Delivery Point, expressed in Dollars per Barrel and payable within thirty (30) days after the date of the bill xxxx of lading, as such Market Price is determined in this Article