Crude Oil Purchases definition

Crude Oil Purchases means any purchase of crude oil by the Company or any of its subsidiaries from Marathon or any Affiliate of Marathon.
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Crude Oil Purchases means any purchase of crude oil by the Company or any of its subsidiaries from Marathon or any Affiliate of Marathon. “Current GAAP” means, at any time, GAAP as in effect at such time.
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Crude Oil Purchases means any purchase of crude oil by the Company ------------------- or any of its subsidiaries from Marathon or any Affiliate of Marathon.
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Examples of Crude Oil Purchases in a sentence

  • Review of Certain Affiliate Transactions Related to Crude Oil Purchases and Shared Services 59 SECTION 8.13.

  • Pursuant to this agreement, Vulcan Energy has agreed, so long as Vulcan Energy or any of its affiliates owns an interest, directly or indirectly, in GP LLC, not to engage in or acquire any business engaged in the following activities: Crude Oil Purchases.

  • PUNITIVE DAMAGES, PERMANENT Hearing - Plaintiff's UNDER CS-0619-2016 VS DR.

  • A good resolution might be to take a class – from art to dancing to exercise, there’s something forindividuals of all abilities and interests to enjoy.

  • The Subadviser represents that it will notify the Adviser of any change in the membership of the Subadviser within a reasonable time after any such change; delivery of the Subadviser’s Disclosure Statement consisting of Part 2 of the Subadviser’s Form ADV shall be deemed to satisfy such notice requirement.

  • Tosco shall wire amounts due Nuevo hereunder as follows: Chase Bank of Texas, National Association ABA#: 113000609 Credit: Nuevo Energy Company Account #: 00103291226 Reference: Crude Oil Purchases (b) Weekends/Holidays.

  • An optimal Physical Education curriculum in schools will foster lifetime commitment to physical activity as part of a healthy lifestyle (Ginsburg, 2007).

  • Sales Net of Crude Oil Purchases and Transportation ExpenseThree Months Ended Nine Months EndedSeptember 30 September 30($ millions, except where otherwise noted)201320124Change201320124ChangeSales1$1,163$ 1,0061 Sales include sales of purchased crude oil and sulphur.2 Sales volumes, net of purchased crude oil volumes.3 SCO sales net of crude oil purchases and transportation expense divided by sales volumes, net of purchased crude oil volumes.

  • Sales Net of Crude Oil Purchases and Transportation Expense103,669113,33128.410.4$ 2,637$ 941(27)(9)(319)(72)$ 2,983$ 1,022Three Months Ended Nine Months Ended September 30 September 30($ millions, except where otherwise noted)20122011 $ Change20122011 $ ChangeSales1 $ 1,034‌$(12) $ 3,209‌1 Sales include sales of purchased crude oil and sulphur.‌‌‌‌2 Sales volumes, net of purchased crude oil volumes.

  • Review of Certain Affiliate Transactions Related to Crude Oil Purchases and Shared Services....................................64 SECTION 8.13.

Related to Crude Oil Purchases

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Forward Hedge Selling Period means, subject to Section 2(c) hereof, the period of one to 20 consecutive Trading Days (as determined by the Company in the Company’s sole discretion and specified in the applicable Placement Notice (as amended by the corresponding Acceptance, if applicable) specifying that it relates to a “Forward”) beginning on the date specified in the applicable Placement Notice (as amended by the corresponding Acceptance, if applicable) or, if such date is not a Trading Day, the next Trading Day following such date and ending on the last such Trading Day or such earlier date on which the Forward Seller shall have completed the sale of Forward Hedge Securities in connection with the applicable Forward; provided that if, prior to the scheduled end of any Forward Hedge Selling Period (x) any event occurs that would permit the Forward Purchaser to designate a “Scheduled Trading Day” as an “Early Valuation Date” (as each such term is defined in the Master Forward Confirmation) under, and pursuant to the provisions opposite the caption “Early Valuation” in Section 2 of the Master Forward Confirmation or (y) a “Bankruptcy Termination Event” (as such term is defined in the Master Forward Confirmation) occurs, then the Forward Hedge Selling Period shall, upon the Forward Seller becoming aware of such occurrence, immediately terminate as of the first such occurrence. Any Forward Hedge Selling Period then in effect shall immediately terminate upon the termination of this Agreement pursuant to Section 9 or Section 13 hereof and as set forth in Sections 2(b) and 4 hereof.

  • Retail Purchase means a purchase of any goods or services by the use of the Card and may, at the Bank’s absolute discretion and without prior notice, include or exclude any Card transaction as may be determined by the Bank;

  • Transport vehicle means a motor vehicle or rail car used for the transportation of cargo by any mode. Each cargo-carrying body (trailer, railroad freight car, etc.) is a separate transport vehicle.

  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;

  • Stock Index Futures Contract means a bilateral agreement pursuant to which the parties agree to take or make delivery of an amount of cash equal to a specified dollar amount times the difference between the value of a particular stock index at the close of the last business day of the contract and the price at which the futures contract is originally struck.

  • retail investor means an investor who is not a professional investor;

  • Initial Purchase Price has the meaning set forth in Section 2.1.

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Forward Hedge Shares means all Common Stock borrowed by the Forward Purchaser and offered and sold by the Forward Seller in connection with any Forward that has occurred or may occur in accordance with the terms and conditions of this Agreement. Where the context requires, the term “Forward Hedge Shares” as used herein shall include the definition of the same under the Alternative Distribution Agreements.

  • Liquefied petroleum gas means a mixture of light hydrocarbons (predominantly propane, butane) that is gaseous under conditions of ambient temperature and pressure and that is maintained in a liquid state by an increase of pressure or lowering of temperature;

  • Forward Hedge Selling Commission means, for any Forward Contract, the product of (x) the Forward Hedge Selling Commission Rate for such Forward Contract and (y) the Volume-Weighted Hedge Price.

  • Transport Gas means the gas purchased by a Customer from a supplier other than KUB that Customer has arranged to have Delivered to KUB for delivery to the Customer by KUB.

  • Forward Hedge Selling Commission Rate means, for any Forward Contract, a rate mutually agreed to between the Company, the Forward Seller and the Forward Purchaser and recorded in the applicable Placement Notice (as amended by the corresponding Acceptance, if applicable), up to 2.0%.

  • Crude Petroleum means the direct product of oil wells or a mixture of the indirect products transportable like the direct products and containing not more than two percent (2%) of sediment, water, and other impurities.

  • Bi-fuel vehicle means a vehicle with two separate fuel storage systems that can run part-time on two different fuels and is designed to run on only one fuel at a time;

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Exempt commercial purchaser means any person purchasing commercial insurance that, at the time of placement, meets the following requirements:

  • Petroleum Products means gasolines and petroleum oil distillates or blend stocks as further described in Item 10.

  • Natural Gas or “Gas” means wet gas, dry gas, all other gaseous hydrocarbons, and all substances contained therein, including sulphur and helium, which are produced from oil or gas xxxxx, excluding those condensed or extracted liquid hydrocarbons that are liquid at normal temperature and pressure conditions, and including the residue Gas remaining after the condensation or extraction of liquid hydrocarbons from Gas such that any Gas sold under this Agreement shall be of the quality as indicated in Clause 7.

  • Gas means natural gas, manufactured gas, synthetic natural gas, liquefied petroleum gas or propane-air gas, or a mixture of any of them, but does not include a liquefied petroleum gas that is distributed by means other than a pipeline;

  • Substitute natural gas or "SNG" means a gas manufactured

  • Liquefied natural gas or “LNG” means natural gas that has been liquefied.

  • Feedstock Gas means natural gas used as a raw material for its chemical properties in creating an end product.

  • Condensate means hydrocarbon liquid separated from natural gas which condenses due to changes in the temperature or pressure and remains liquid at standard conditions.

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;