Oil Contracts definition

Oil Contracts. – shall mean transaction instruments having Oil Resources or Oil Revenues as an object.
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Oil Contracts has the meaning set forth in Clause 3.15.
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Oil Contracts. ’ means, collectively, the Forward Sale Agreement and the Offtake Agreement.
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Examples of Oil Contracts in a sentence

  • Such Letters of Credit shall be issued solely for the purpose of supporting Crude Oil Contracts and other general corporate purposes of Genesis OLP and the Subsidiaries.

  • Ghorbanyan, H and ▇▇▇▇▇▇ ▇▇▇▇, M, The Legal System Ruling on Oil Contracts (in Persian) (Majd, Tehran 2016) .

  • Pursuant to this Agreement, ChevronTexaco intends to either accept from Link an assignment of certain of Link's crude oil purchase, sale, and buy/sell contracts in the Geographic Area listed on Exhibit "B-1" attached hereto (hereinafter the "Link Crude Oil Contracts") or the parties will endeavor to have the Link Crude Oil Contracts re-executed directly with the counterparties and ChevronTexaco.

  • The Link Crude Oil Contracts are identified on Exhibit "B-1" attached hereto and affect crude oil produced by third parties from certain counties in the Geographic Area.

  • On and after the Effective Date, the parties anticipate that ChevronTexaco will renew, extend or enter into new crude oil purchase, sale and buy/sell contracts affecting the same oil and gas leases as the original Link Crude Oil Contracts.

  • Boykett, T and others, Oil Contracts: How to Read and Understand a Petroleum Contract (OpenOil/Times Up Press, Linz 2012).

  • The sole and exclusive purpose of the Company is to design, construct, own and operate the Poseidon Pipeline, including entering into Oil Contracts related to the operation thereof.

  • For Crude Oil delivery by pipeline, truck or in tank transfer in the United States (“Domestic Non-Waterborne Crude Contracts”), the Conoco General Provisions Domestic Crude Oil Contracts (dated January 1, 2017) (“Conoco 2017 GTCs”) and 2018 Shell Trading (US) Company Amendments to the Conoco 2017 GTCs shall govern (“2018 STUSCO Amendments”).


More Definitions of Oil Contracts

Oil Contracts. – shall mean negotiated instruments having Oil Resources or Oil Revenues as object.
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Related to Oil Contracts

  • Existing Contracts means the existing licenses and contracts given by the Railway Administration / Authority, in relation to commercial establishments, as existing on Station Development Land, as on the date of the Agreement, and as further set out in the Schedules, which shall, for avoidance of doubt, exclude any licenses and/ or contracts in relation to any Excluded Activities and/or Railway Operational Activities;

  • Seller Contracts means all contracts or agreements to which Seller is a party or to which any of its material assets are bound.

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • IT Contracts means any agreements, licences or other contractual arrangements with third parties relating to the IT Systems or IT Services, including licences of all software, leases of hardware and other procurement of IT Systems or IT Services;

  • Assumed Contracts has the meaning set forth in Section 2.1(d).