Quantity Measurement. Quantity measurements shall be taken at DCU 843 meter -------------------- FE-3210. Quality Measurement: Grab samples shall be taken at least (1) time per day and ------------------- analyzed by draeger and at least (3) times per week and analyzed by gas chromatography, MDA Sulfur, and Antek Nitrogen. EXHIBIT A-13 Product: Untreated Naphtha from DCU 843 ------- Target Specification: -------------------- Property Specification Test Method -------- ------------- ----------- FBP 390 degrees F Maximum ASTM D-86 N+A 25.5% LV Typical ASTM D-5134 - Modified to C-15 Existent Washed Gums 1 mg/100 ml Maximum ASTM D-381 Oxygen Stability 360+ Minimum ASTM D-525 Silica 1.5 ppmw Maximum UOP-484 Quantity: For days that Naphtha from DCU 843 is not treated in the Naphtha -------- Hydrotreater 1344, ▇▇▇▇▇ Company shall sell and ▇▇▇▇▇ shall purchase the "▇▇▇▇▇ Company Share" of the Untreated Naphtha from DCU 843 as defined below. The ▇▇▇▇▇ Company Share is defined as the Untreated Naphtha from DCU 843 multiplied by the ▇▇▇▇▇ Company Crude Oil Volume divided by the Total Crude Oil Volume. Untreated Naphtha from DCU 843 = Total Naphtha from DCU 843 - ▇▇▇▇▇ Naphtha to Naphtha Hydrotreater 1344 Price: The arithmetic average of the high/low Oil Price Information Service ----- posting for spot purchases of U. S. Gulf Coast Naphtha (Domestic 40 N+A) for each publication day less 0.15 cents/gallon/N+A number below 40 N+A plus 0.15 cents/gallon/N+A number above 40 N+A less 4.0 cents/gallon. The price for non-publication day deliveries shall be the arithmetic average of the prices for the last proceeding publication day and the next following publication day.
Appears in 2 contracts
Sources: Product Purchase Agreement (Clark Refining & Marketing Inc), Product Purchase Agreement (Neches River Holding Corp)