MTBE Market Price

Example Definitions of "MTBE Market Price"
MTBE Market Price. Means, for any calendar quarter of determination, a price per gallon equal to the arithmetic average of the midpoint US Gulf Coast, Waterborne, MTBE, as published in Platt's Oilgram Price Report for each issue during such calendar quarter, or if such report is no longer published, another industry publication mutually agreed to by the Parties.
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