Average Purchase Price
Average Purchase Price. The sum of (i) the monthly average per barrel price quoted for the first nearby month for West Texas Intermediate crude oil on the New York Mercantile Exchange and (ii) $0.40 per barrel, or such other price as may be agreed by the Parties in accordance with Section 5.
View Variations (6)
Average Purchase Price. The sum of (i) the monthly average per barrel price quoted for the first nearby month for West Texas Intermediate crude oil on the New York Mercantile Exchange and (ii) $0.40 $3.30 per barrel, or such other price as may be agreed by the Parties in accordance with Section 5
Average Purchase Price. The sum of (i) the monthly average per barrel price quoted for the first nearby month for West Texas Intermediate crude oil on the New York Mercantile Exchange and (ii) $0.40 $2.80 per barrel, or such other price as may be agreed by the Parties in accordance with Section 5
Average Purchase Price. The sum difference of (i) the monthly average per barrel price quoted for the first nearby month for West Texas Intermediate crude oil on the New York Mercantile Exchange and (ii) $0.40 $4.40 per barrel, or such other price as may be agreed by the Parties in accordance with Section 5.
Average Purchase Price. For purchases made by Customer from each applicable Storage Tank, the sum of (i) the monthly average per barrel price quoted for the first nearby month for West Texas Intermediate crude oil on the New York Mercantile Exchange and (ii) the per barrel amount set forth on Amendment No. 4 Exhibit B for each such Storage Tank, or such other price as may be agreed by the Parties in accordance with Section 5.
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