Base Price Adjustments. The West Kentucky and the Illinois Base Prices shall be subject to upward or downward adjustments quarterly (each January 1, April 1, July 1 and October 1), beginning with an April 1, 2013 adjustment in accordance with this Section 4.1.4. The Parties agree that the dollar amount of the base cost components will be established in accordance with the NCSA and prior to December 31, 2012 shall be set forth in Schedule 2 and Schedule 3, each of which will then be attached to this Confirmation and shall form the basis for price adjustments under this Confirmation, whether or not those dollar amounts reflect actual mining costs as of January 1, 2013. Adjustments calculated under this Section 4.1.4 shall apply to all Shipments during the calendar quarter beginning on the adjustment date.
Appears in 4 contracts
Samples: Coal Purchase Agreement (Alliance Holdings GP, L.P.), Coal Purchase Agreement (Alliance Resource Partners Lp), Coal Purchase Agreement (Alliance Resource Partners Lp)
