Provisional Export Oil Price definition

Provisional Export Oil Price in US Dollars per Barrel, means the weighted average of SOMO's declared OSPs for the Delivery Point(s) for all destinations for the most recent Calendar Month for which such declarations are available.
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Provisional Export Oil Price means the arithmetic average of XXXX’s declared OSPs for the Delivery Point for the Americas, Europe and the Far East, for the Month preceding the Month in which the Forward Quantity Statement under Addendum Four is provided, or the Month preceding such Month if those OSPs are not available.
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Examples of Provisional Export Oil Price in a sentence

  • The Forward Quantity Statement will be based on the Petroleum Costs, Supplementary Costs and Remuneration due and payable to Contractor as agreed by ROC, divided by the Provisional Export Oil Price.

  • For the purposes of the Data Protection Act 1998 (the Act), Xxxxxxx is a data controller.

  • The Forward Quantity Statement shall be based on the Service Fees and Supplementary Fees due and payable to Contractor as agreed by ROC, divided by the Provisional Export Oil Price.

  • The Forward Quantity Statement shall be based on the Service Fees and Supplementary Fees due and payable to Contractor as agreed by SOC, divided by the Provisional Export Oil Price.

Related to Provisional Export Oil Price

  • Retail Price As set forth in Exhibit A.

  • own-source revenue means adjusted underlying revenue other than revenue that is not under the control of council (including government grants)

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  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Barrel as herein used means forty-two (42) United States gallons at sixty degrees (60°) Fahrenheit and zero (0) gauge pressure if the vapor pressure of the Crude Petroleum is at or below atmospheric pressure, or at equilibrium pressure if the vapor pressure of the Crude Petroleum is above atmospheric pressure.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • ex-works price means the price paid for the product ex works to the manufacturer in the EU or in a SADC EPA State in whose undertaking the last working or processing is carried out, provided the price includes the value of all the materials used, minus any internal taxes paid which are, or may be, repaid when the product obtained is exported;

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.

  • Closing Sales Price means, for any security as of any date, the last sales price of such security on the principal trading market where such security is listed or traded as reported by Bloomberg Financial Markets (or a comparable reporting service of national reputation selected by the Corporation if Bloomberg Financial Markets is not then reporting closing sales prices of such security) (collectively, “Bloomberg”), or if the foregoing does not apply, the last reported sales price of such security on a national exchange or in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no such price is reported for such security by Bloomberg, the average of the bid prices of all market makers for such security as reported in the “pink sheets” by the National Quotation Bureau, Inc., in each case for such date or, if such date was not a trading day for such security, on the next preceding date that was a trading day. If the Closing Sales Price cannot be calculated for such security on any of the foregoing bases, the Closing Sales Price of such security on such date shall be the fair market value as reasonably determined by an investment banking firm selected by the Corporation, with the costs of such appraisal to be borne by the Corporation.

  • Electricity Supply Code means the Electricity Supply Code specified under section 50;