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.

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