WTI Differential Report Sample Clauses

WTI Differential Report. On the ***** day of the month two months prior to each month in which TRC intends to process Crude Oil that it previously purchased from MSCG hereunder or sell such Crude Oil to third parties (each such month, a “Consumption Month”) (or the next Business Day if such ***** day is not a Business Day), MSCG shall prepare and deliver to TRC a report substantially in the form of Schedule 6 (the “WTI Differential Report”) listing the pro forma volume of ***** contracts by contract month (the “WTI Hedge Volume”) that would need to be purchased and sold to ***** (as described in Schedule 5 under component D of the Price formula) of ***** pricing from the ***** to the ***** for the Nominated Volumes that TRC will purchase in a Delivery Month and later process or sell in such Consumption Month. MSCG shall prepare and deliver to TRC an updated WTI Differential Report following any agreed upon adjustment to a Nominated Volume.
Sample 1Sample 2
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WTI Differential Report. On the [REDACTED] day of the month two months prior to each month in which PBF intends to have TRC process Crude Oil that it previously purchased from MSCG hereunder or sell such Crude Oil to third parties (each such month, a “Consumption Month”) (or the next Business Day if such [REDACTED] day is not a Business Day), MSCG shall prepare and deliver to PBF a report substantially in the form of Schedule 6 (the “WTI Differential Report”). The WTI Differential Report will list the pro forma volume of [REDACTED] by contract month (the “WTI Hedge Volume”) that would need to be purchased and sold to [REDACTED] (as described in Schedule 5 under component D of the Price formula) of [REDACTED] pricing from the [REDACTED] to the [REDACTED] for the Nominated Volumes that PBF will purchase in a Delivery Month and later process or sell in such Consumption Month. MSCG shall prepare and deliver to PBF an updated WTI Differential Report following any agreed upon adjustment to a Nominated Volume.
Sample 1
WTI Differential Report. On the 25th day of the month two months prior to each month in which TRC intends to process Crude Oil that it previously purchased from MSCG hereunder or sell such Crude Oil to third parties (each such month, a “Consumption Month”) (or the next Business Day if such 25th day is not a Business Day), MSCG shall prepare and deliver to TRC a report substantially in the form of Schedule 6 (the “WTI Differential Report”) listing the pro forma volume of NYMEX WTI contracts by contract month (the “WTI Hedge Volume”) that would need to be purchased and sold to effect a conversion (as described in Schedule 5 under component D of the Price formula) of WTI pricing from the FOB calendar injection month to the Consumption Month for the Nominated Volumes that TRC will purchase in a Delivery Month and later process or sell in such Consumption Month. MSCG shall prepare and deliver to TRC an updated WTI Differential Report following any agreed upon adjustment to a Nominated Volume.
Sample 1

Related to WTI Differential Report

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