Common use of Weekly Nomination Clause in Contracts

Weekly Nomination. No later than 10:00 a.m. EPT on Thursday of each calendar week, PBF shall provide to MSCG a report (the “Weekly Nomination”), substantially in the form attached hereto in Schedule 7, specifying (i) the non-binding best estimate of the Refinery’s production of each grade of Intermediate Product, Light Finished Product, Lubes and Slurry, and (ii) the best estimate of the Refinery’s Intermediate Products (by grade) and Lubes requirements (which shall be binding in accordance with the terms of Section 5.5), in each case, specifying volumes of each grade of Product for delivery on each day during the next following calendar week (the “Nominated Volume”). If any Thursday is not a Business Day, the Weekly Nomination shall be delivered on the first preceding Business Day.

Weekly Nomination. No later than 10:00 a.m. EPT on Thursday of each calendar week, PBF DCRC shall provide to MSCG a report (the “Weekly Nomination”), substantially in the form attached hereto in Schedule 74, specifying (i) the non-binding best estimate of the Refinery’s production of each grade of Intermediate Product, Light Finished Product, Lubes Product and Slurry, and (ii) the best estimate of the Refinery’s Intermediate Products (by grade) and Lubes requirements (which shall be binding in accordance with the terms of Section 5.5), in each case, specifying volumes of each grade of Product for delivery on each day during the next following calendar week (the “Nominated Volume”). If any Thursday is not a Business Day, the Weekly Nomination shall be delivered on the first preceding Business Day.