AQR Price Computation. Beginning in 2013, the prompt Contract Year’s (i.e. 2014) AQR Price will be computed utilizing the following method: A. Compute the average Index Price for the prompt Contract Year utilizing the prompt year Index Prices published during **** through **** of the current Contract Year. B. Calculate the percentage change from the current Contract Year’s AQR index to the prompt Contract Year’s AQR index. The calculated percentage change shall be the prompt Contract Year’s AQR percentage change; provided, however, this percentage change shall not be more than a positive ****% or a negative ****% change from the current Contract Year. C. The prompt Contract Year’s AQR Price shall then be calculated by taking the current Contract Year AQR Price multiplied by (**** + ****).
Appears in 4 contracts
Samples: Coal Purchase Agreement (Alliance Holdings GP, L.P.), Coal Purchase Agreement (Alliance Resource Partners Lp), Coal Purchase Agreement (Alliance Holdings GP, L.P.)
