Agreement for sale of property. Term D would enter into agreement to sell P petrol, for a price to be agreed upon. Clause that if dispute it would go to arbitration
An agreement to agree is not a valid contract.
Courts will be prepared to find a way to make a contract certain, but they wont make the contract for the parties. They agreed they had a contract, they acted on it for 3 yrs and they had a dispute mechanism process
Binding agreement because the parties established a mechanism for disputes