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price sources with respect to the Delivery Point or comparable Delivery Points <br />that may permit the Parties to derive the Floating Price based on historical <br />differentials. <br />If the Price Source retrospectively issues a Floating Price in respect of a <br />Disrupted Day (a "Delayed Floating Price") before the parties agree on a <br />substitute Floating Price for such day, then the Delayed Floating Price shall be <br />the Floating Price for such Disrupted Day. If a Delayed Price is issued by the <br />Price Source in respect of a Disrupted Day after the Parties agree on a <br />substitute Floating Price for such day, the substitute Floating Price agreed <br />upon by the Parties will remain the Floating Price without adjustment unless <br />the Parties expressly agree otherwise. <br />if the Parties cannot agree on a substitute Floating Price and the Price Source <br />does not retrospectively publish or announce a Floating Price, in each case, on <br />or before the fifth Business Day following the first Trading Day on which the <br />Market Disruption Event first occurred or existed, then the Floating Price for <br />each Disrupted Day shall be determined by taking the arithmetic mean of <br />quotations requested from four leading dealers in the relevant market that are <br />unaffiliated with either Party and mutually agreed upon by the Parties <br />("Specified Dealers"), without regard to the quotations with the highest and <br />lowest values, subject to the following qualifications: <br />o If exactly three quotations are obtained, the Floating Price for each <br />such Disrupted Day will be the quotation that remains after <br />disregarding the quotations having the highest and lowest values. <br />o If fewer than three quotations are obtained, the Floating Price for each <br />such Disrupted Day will be the average of the quotations obtained. <br />o If the Parties cannot agree upon four Specified Dealers, then each of <br />the Parties will, acting in good faith and in a commercially reasonable <br />manner, select up to two Specified Dealers separately, and those <br />selected dealers shall be the Specified Dealers. <br />Unless otherwise agreed, if at any time the Parties agree on a substitute <br />Floating Price for any Disrupted Day, then such substitute Floating Price shall <br />be the Floating Price for such Disrupted Day, notwithstanding the subsequent <br />publication or announcement of a Delayed Floating Price by the relevant Price <br />Source or any quotations obtained from Specified Dealers. <br />"Determination Period" means each calendar month a part or all of which is within the <br />Delivery Period of a Transaction. <br />"Exchange" means, in respect of a Transaction, the exchange or principal trading market <br />specified as applicable to the relevant Transaction. <br />"Floating Price" means a Contract Price specified in a Transaction that is based upon a <br />Price Source. <br />"Market Disruption Event" means, with respect to any Price Source, any of the following <br />events: <br />(a) the failure of the Price Source to announce, publish or make available the <br />specified Floating Price or information necessary for determining the Floating Price <br />for a particular day; <br />(b) the failure of trading to commence on a particular day or the permanent <br />discontinuation or material suspension of trading in the relevant options contract or <br />commodity on the Exchange, RTO or in the market specified for determining a <br />Floating Price; <br />(c) the temporary or permanent discontinuance or unavailability of the Price <br />Source; <br />►I <br />