Oil Contract definition

Oil Contract means any Contract Terms where the Underlying is oil, as determined by the Exchange from time to time;

Oil Contract means a contract containing the terms set out in Sections J, J1, L, L1, N, Q, AA, CC, GG and RR of the Contract Rules and/or any other contract determined to be an Oil Contract by the Directors from time to time;

Oil Contract means an agreement purchased or to be purchased by the Issuer from an Oil Major Company under an Energy Purchase Agreement entitling the Issuer on redemption or resale back of the Oil Contract to the Oil Major Company to payment of an amount calculated by reference to the relevant Price of the relevant class of Oil Security on the relevant Pricing Day and to which obligations in respect of the redemption of Oil Securities correspond, and “Brent 1mth Oil Contract”, “Brent 1yr Oil Contract”, “Brent 2yr Oil Contract”, “Brent 3yr Oil Contract”, “WTI 2mth Oil Contract”, “WTI 1yr Oil Contract”, “WTI 2yr Oil Contract” and “WTI 3yr Oil Contract” shall be construed accordingly;

Examples of Oil Contract in a sentence

• Ecuador Consultant 1 and Ecuador Consultant 2 agreed that Vitol would pay Ecuador Consultant 1 and Ecuador Consultant 2 a per-barrel commission for fuel oil provided to Vitol in connection with the Fuel Oil Contract, and that Ecuador Consultant 1 and Ecuador Consultant 2 would use a portion of those funds to pay bribes to Ecuadorian officials on Vitol’s behalf.

• Under the Crude Oil Contract PetroEcuador will supply, and PetroChina Intl.

• Under the Fuel Oil Contract PetroEcuador will supply, and PetroChina Intl.

• Effective March 1, 1989, the City entered into the Long Beach Harbor Tidelands Parcel and Parcel "A" Oil Contract ("Contract") with several entities that comprised the Contractor.

• In May 2008, Vast, in conjunction with partners Groundstar and Niko Resources Ltd., completed negotiations for an oil and gas production sharing contract (Oil Contract) with the Kurdistan Regional Government of Iraq.

More Definitions of Oil Contract

Oil Contract means any Contract Terms and Contract Procedures where the

Oil Contract means Contract No.482 on Raw Hydrocarbons Exploration at Aksaz-Dolinnaya-Emyr site in Tybkargansky region of the Mangystau Oblast signed between Zhanaozensky Repair and Engineering Plant LLP and the Government of the Republic of Kazakhstan, including Annex No.1 dated September 23, 2002 to the mentioned Contract (hereafter - "Annex No.1").

Oil Contract means a contract containing the terms set out in Sections J or

Oil Contract means a contract containing the terms set out in Sections J, or L or Q of the Contract Rules and/or any other contract determined to be an Oil Contract by the Directors from time to time;

Oil Contract means an agreement purchased or to be purchased by the Issuer from an Oil Major Company under an Energy Purchase Agreement entitling the Issuer on redemption or resale back of the Oil Contract to the Oil Major Company to payment of an amount calculated by

Oil Contract means any contract, agreement or other obligation of the Company to buy, sell, transport, gather or otherwise handle oil or liquid condensate or to construct, maintain or operate any pipelines or facilities in connection therewith.

Oil Contract. ’ means an agreement purchased or to be purchased by the Issuer from an Oil Major Company under an Oil Purchase Agreement entitling the Issuer on redemption thereof or resale back to the Oil Major Company to payment of an amount calculated by reference to the relevant Price on the relevant Pricing Day, and ‘‘Brent Oil Contract’’ and ‘‘WTI Oil Contract’’ are to be construed accordingly