AOCPC Defined Sample Clauses

AOCPC Defined. “All Other Cash Production Costs” or “AOCPC” (in $/lb) shall mean the sum of the following categories of costs (each, a “Cost Category”), divided by (i) in respect of the first Contract Year, Seller’s forecasted volume of Ethylene production (in pounds) beginning July 1, 2014 and ending December 31, 2014, and (ii) in respect of each Contract Year during the Term beginning January 1, 2015, the Annual Planned Production (in pounds), as notified in accordance with Section 3.1: AOCPC ($/lb) = + Fixed Cash Conversion Costs + Variable Cash Conversion Costs + Maintenance Cost Reserves (Capital) + Maintenance Cost Reserves (Expense) + Turnaround Cost Reserves + SG&A Expenses where:
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