Common use of Base Price Clause in Contracts

Base Price. The Base Price for coal with the quality defined as Semi-Monthly Average Contract Specifications in Section 6.2 and delivered by Seller to the Point of Delivery * CONFIDENTIAL MATERIAL HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. BRACKETS AND UNDERSCORES DENOTE SUCH OMISSIONS. subsequent to the Commercial Operation Date is [_ _ _ _] per Ton, effective January 1, 1993, for annual quantities of [_ _ _ _] Tons or less, and [_ _ _ _] per Ton, effective January 1, 1993, for annual quantities greater than or equal to [_ _ _ _] Tons. For annual quantities between [_ _ _ _] and [_ _ _ _] Tons, the Base Price for coal shall be an amount per Ton determined by linear interpolation between [_ _ _ _] and [_ _ _ _], effective January 1 1993. For annual quantities between [_ _ _ _] and [_ _ _ _] Tons, the Base Price for coal shall be an amount per Ton determined by linear interpolation between [_ _ _ _] and [_ _ _ _], effective January 1, 1993. The Base Price for all coal delivered prior to the Commercial Operation Date shall be [_ _ _ _] per Ton, effective January 1, 1993. Commencing with the first full Operating Year and continuing with each Operating Year thereafter, for annual quantities less than [_ _ _ _] Tons, Keystone shall pay Seller a dedication fee (the "Dedication Fee") for each Ton of the shortfall amount, unless such shortfall is a result of suspension or rejection of deliveries pursuant to Sections 6.3, 6.4 or 6.6(a), an event of Force Majeure, or termination of this Agreement in accordance with its terms. Effective as of January 1, 1993, the Dedication Fee shall be [_ _ _ _] per Ton of the shortfall amount and shall be escalated each calendar year thereafter by the GDP Deflator, provided however, that such escalation shall not be more than [_ _ _ _] per year and any excess shall not be reflected in the price adjustment in any succeeding year.

Base Price. The Base Price for coal with the quality defined as Semi-Monthly Average Contract Specifications in Section 6.2 and delivered by Seller to the Point of Delivery * CONFIDENTIAL MATERIAL HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. BRACKETS AND UNDERSCORES DENOTE SUCH OMISSIONS. subsequent to the Commercial Operation Date is [_ _ _ _] per Ton, effective January 1March 16, 19932002, for annual quantities of [_ _ _ _] Tons or less], and [_ _ _ _] per Ton, effective January 1March 16, 19932002, for annual quantities greater than or equal to [_ _ _ _] Tons. For annual quantities between [_ _ _ _] Tons, the Base Price for Coal shall be an amount per Ton determined by linear interpolation between [_ _ _ _], effective March 16, 2002. For annual quantities between [_ _ _ _] and [_ _ _ _] Tons, the Base Price for coal shall be an amount per Ton determined by linear interpolation between [_ _ _ _] and [_ _ _ _], effective January 1 1993. For annual quantities between [_ _ _ _] and [_ _ _ _] TonsMarch 16, the Base Price for coal shall be an amount per Ton determined by linear interpolation between [_ _ _ _] and [_ _ _ _], effective January 1, 1993. The Base Price for all coal delivered prior to the Commercial Operation Date shall be [_ _ _ _] per Ton, effective January 1, 19932002. Commencing with the first full Operating Year and continuing with each Operating Year thereafter, for annual quantities less than [_ _ _ _] Tons, Keystone shall pay Seller a dedication fee (the "Dedication Fee") for each Ton of the shortfall amount, unless such shortfall is a result of suspension or rejection of deliveries pursuant to Sections 6.3, 6.4 or 6.6(a), an event of Force Majeure, or termination of this Agreement in accordance with its terms. Effective as of January 1, 1993, the Dedication Fee shall be [_ _ _ _] per Ton of the shortfall amount and shall be escalated each calendar year thereafter by the GDP Deflator, provided however, that such escalation shall not be more than [_ _ _ _] per year and any excess shall not be reflected in the price adjustment in any succeeding year."

Base Price. The Base Price for coal with the quality defined as Semi-Monthly Average Contract Specifications in Section 6.2 and delivered by Seller to the Point of Delivery * CONFIDENTIAL MATERIAL HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. BRACKETS AND UNDERSCORES DENOTE SUCH OMISSIONS. subsequent to the Commercial Operation Date is [_ _ _ _] per Ton, effective January 1March 16, 19932002, for annual quantities of [_ _ _ _] Tons or less, and [_ _ _ _] per Ton, effective January 1March 16, 19932002, for annual quantities greater than or equal to [_ _ _ _] Tons. For annual quantities between [_ _ _ _] and Tons, the Base Price for Coal shall be an amount per Ton determined by linear interpolation between [_ _ _ _], effective March 16, 2002. For annual quantities between [_ _ _ _] and [_ _ _ _] Tons, the Base Price for coal shall be an amount per Ton determined by linear interpolation between [_ _ _ _] and [_ _ _ _], effective January 1 1993. For annual quantities between [_ _ _ _] and [_ _ _ _] TonsMarch 16, the Base Price for coal shall be an amount per Ton determined by linear interpolation between [_ _ _ _] and [_ _ _ _], effective January 1, 1993. The Base Price for all coal delivered prior to the Commercial Operation Date shall be [_ _ _ _] per Ton, effective January 1, 19932002. Commencing with the first full Operating Year and continuing with each Operating Year thereafter, for annual quantities less than [_ _ _ _] Tons, Keystone shall pay Seller a dedication fee (the "Dedication Fee") for each Ton of the shortfall amount, unless such shortfall is a result of suspension or rejection of deliveries pursuant to Sections 6.3, 6.4 or 6.6(a), an event of Force Majeure, or termination of this Agreement in accordance with its terms. Effective as of January 1, 1993, the Dedication Fee shall be [_ _ _ _] per Ton of the shortfall amount and shall be escalated each calendar year thereafter by the GDP Deflator, provided however, that such escalation shall not be more than [_ _ _ _] per year and any excess shall not be reflected in the price adjustment in any succeeding year."