Common use of Base Quantity Clause in Contracts

Base Quantity. Subject to the terms and conditions set forth in this Agreement, Seller shall sell and deliver, or cause to be delivered, and Buyer shall purchase and receive, or cause to be received, a total of 3.50 million tons in accordance with the following annual base quantity of coal nominated by Buyer (“Base Quantity”) on a quarterly basis: 2021 500,000 – 600,000 166,667 – 200,000 2022 500,000 – 700,000 125,000 – 175,000 2023 500,000 – 700,000 125,000 – 175,000 2024 1,000,000 – 1,300,000 250,000 – 325,000 2025 200,000 – 1,000,000 50,000 – 250,000 The Base Quantity of coal scheduled to be nominated and delivered in a given calendar year as set forth in the table above, plus any Make-Up Tons required to be delivered pursuant to §3.2 (the Base Quantity plus any Make-Up Tons being hereafter collectively referred to as the “Annual Quantity”) shall be nominated for and delivered during that calendar year. The minimum and maximum Base Quantities or Annual Quantities (including quarterly nominations) may be modified as mutually-agreed in writing by the parties from time-to-time, to achieve 3.50 million tons delivered and received by December 31, 2025, subject to a Party’s applicable rights or obligations pursuant to other terms and conditions herein including, but not limited to, Make-Up Tons, Force Majeure, and applicable suspension or termination rights. Seller will deliver additional quantities of coal above the maximum Base Quantities or Annual Quantities (including quarterly nominations) as mutually agreed in writing by the parties in their discretion from time-to-time, to achieve an accelerated delivery of the 3.50 million tons.

Base Quantity. Subject to the terms and conditions set forth in this Agreement, Seller shall sell and deliver, or cause to be delivered, delivered and Buyer shall purchase and receive, or cause to be received, a total of 3.50 1.5 million tons in accordance with subject to the following annual base quantity of coal nominated by Buyer (“Base Quantity”) on a quarterly monthly basis: 2021 500,000 240,000 - 560,000 30,000 – 600,000 166,667 70,000 2022 360,000 – 200,000 2022 500,000 840,000 30,000 – 700,000 125,000 70,000 2023 360,000 – 175,000 2023 500,000 840,000 30,000 – 700,000 125,000 70,000 2024 0 – 175,000 2024 1,000,000 540,000 0 – 1,300,000 250,000 – 325,000 2025 200,000 – 1,000,000 50,000 – 250,000 70,000 The Base Quantity of coal scheduled to be nominated and delivered in a given calendar year as set forth in the table above, plus any Make-Up Tons required to be delivered pursuant to §3.2 (the Base Quantity plus any Make-Up Tons being hereafter collectively referred to as the “Annual Quantity”) shall be nominated for and delivered during that calendar year. The minimum and maximum Base Quantities or Annual Quantities (including quarterly monthly nominations) may be modified as mutually-agreed in writing by the parties from time-to-time, to achieve 3.50 1.5 million tons delivered and received by December 31, 20252024, subject to a Partyparty’s applicable rights or obligations pursuant to other terms and conditions herein including, but not limited to, Make-Up Tons, Force Majeure, and applicable suspension or termination rights. Seller will deliver additional quantities of coal above the maximum Base Quantities or Annual Quantities (including quarterly nominations) as mutually agreed in writing by the parties in their discretion from time-to-time, to achieve an accelerated delivery of the 3.50 million tons.

Base Quantity. Subject to the terms and conditions set forth in this Agreement, Seller shall sell and deliver, or cause to be delivered, and Buyer shall purchase and receive, or cause to be received, a total of 3.50 seven million (7,000,000) tons in accordance with the following annual base quantity of coal nominated by Buyer (“Base Quantity”) on a quarterly basis: 2021 500,000 – 600,000 166,667 – 200,000 300,000 100,000 2022 500,000 – 700,000 — 600,000 125,000 – 175,000 — 150,000 2023 2,000,000 — 2,500,000 500,000 – 700,000 125,000 – 175,000 — 625,000 2024 1,000,000 – 1,300,000 250,000 – 325,000 2,000,000 — 2,500,000 500,000 — 625,000 2025 200,000 – 1,000,000 50,000 – 250,000 1,100,000 — 2,200,000 275,000 — 550,000 The Base Quantity of coal scheduled to be nominated and delivered in a given calendar year year, as set forth in the table above, plus any Make-Up Tons required to be delivered pursuant to §3.2 (the Base Quantity plus any Make-Up Tons being hereafter collectively referred to as the “Annual Quantity”) ), shall be nominated for on a quarterly basis and delivered during that calendar year. The minimum and maximum Base Quantities or Annual Quantities (including quarterly nominations) may be modified as mutually-agreed in writing by the parties from time-to-time, to achieve 3.50 million tons delivered and received by December 31, 2025time if mutually-agreed in writing, subject to a Partyparty’s applicable rights or obligations pursuant to other terms and conditions herein including, but not limited to, Make-Up Tons, Force Majeure, and applicable suspension or termination rights. Seller will deliver additional quantities of coal above the maximum Base Quantities or Annual Quantities (including quarterly nominations) as mutually agreed in writing by the parties in their discretion from time-to-time, to achieve an accelerated delivery of the 3.50 million tons.