Forward Transaction. Pursuant to the terms and conditions of this Article 31, the Parties have entered to a forward transaction for the sale by the Company and the purchase by Aron of volumes of Jet Fuel (as defined below) to be delivered over an agreed period with payment to be made by Aron in a provisional payment subject to subsequent intra-month and monthly true ups (the “Forward Jet Fuel Transaction”).
Appears in 2 contracts
Sources: Supply and Offtake Agreement (Par Pacific Holdings, Inc.), Supply and Offtake Agreement (Par Pacific Holdings, Inc.)
Forward Transaction. Pursuant to the terms and conditions of this Article 31, the Parties have entered to a forward transaction for the sale by the Company and the purchase by Aron ▇▇▇▇ of volumes of Jet Fuel (as defined below) to be delivered over an agreed period with payment to be made by Aron ▇▇▇▇ in a provisional payment subject to subsequent intra-month and monthly true ups (the “Forward Jet Fuel Transaction”).
Appears in 1 contract
Sources: Supply and Offtake Agreement (Par Pacific Holdings, Inc.)