type jet fuel (aviation turbine fuel)] [Other kerosene (burning oil)] [Gas/diesel oil (distillate fuel oil)] [Fuel oil (both low and high sulphur content)] [White spirit and SBP] [Lubricants] [Bitumen] [Paraffin waxes] [Petroleum coke] Grade: Specification: 7. Monthly Fee [For Option A contemplated in clause 5.2 of the Agreement] USD[] per calendar per metric tonne of stock [For Option B contemplated in clause 5.2 of the Agreement: Insert additional tranches as required. Note that, for the purpose of calculating the Monthly Fee, the Purchase Option or Release Option are deemed to apply to the Priority Tranche, being the Tranche with the highest price first and then in descending order of price.] USD [] per calendar month per metric tonne of Tranche One Stock USD[] per calendar month per metric tonne of Tranche Two Stock 8. Purchase Price [Insert market-related pricing basis based on the Supplier’s response to the Request for Tender] [Drafter’s Note: The Transaction Details above has been replicated below for a second Type of Product. Delete this if there is only one Type of Product and replicate as required for each further Type of Product.] [Schedule 1.2:] [Insert name of second Type of Product] Transaction Details Item 1. Term [] months commencing on [] 2. Contracted Quantity [] metric tonnes [Drafters Note: Where multiple tranches are reserved and priced differently, the quantity of stock within each tranche must be recorded here: Tranche One Stock: [] metric tonnes Tranche Two Stock: [] metric tonnes [Drafters Note: Insert additional tranches as required. The additional tranches should also be inserted into the definition of ‘Tranche’.]
type jet fuel (aviation turbine fuel)] [Other kerosene (burning oil)] [Gas/diesel oil (distillate fuel oil)] [Fuel oil (both low and high sulphur content)] [White spirit and SBP] [Lubricants] [Bitumen] [Paraffin waxes] [Petroleum coke] Grade: Specification: 7. Monthly Fee [For Option A contemplated in clause 5.2 of the Agreement] USD[] per calendar per metric tonne of stock [For Option B contemplated in clause 5.2 of the Agreement: Insert additional tranches as required. Note that, for the purpose of calculating the Monthly Fee, the Purchase Option or Release Option are deemed to apply to the Priority Tranche, being the Tranche with the highest price first and then in descending order of price.] USD [] per calendar month per metric tonne of Tranche One Stock USD[] per calendar month per metric tonne of Tranche Two Stock 8. Purchase Price [Insert market-related pricing basis based on the Supplier’s response to the Request for Tender] [Drafter’s Note: The Transaction Details above has been replicated below for a second Type of Product. Delete this if there is only one Type of Product and replicate as required for each further Type of Product.] [Schedule 1.2:] [Insert name of second Type of Product] Transaction Details Item 1. Term [] months commencing on [] 2. Contracted Quantity [] metric tonnes [Drafters Note: Where multiple tranches are reserved and priced differently, the quantity of stock within each tranche must be recorded here: Tranche One Stock: [] metric tonnes Tranche Two Stock: [] metric tonnes [Drafters Note: Insert additional tranches as required. The additional tranches should also be inserted into the definition of ‘Tranche’.]
oil_stock_ticketing_-_offshore_contract_0.docx