Common use of BTU Adjustment Clause in Contracts

BTU Adjustment. The Index Based Market Price will be adjusted to reflect contract calorific value according to the following formula: Btu Adjustment = Index Based Market Price x ((12,300 — 12,500)/12,500)

Appears in 2 contracts

Samples: Coal Supply Agreement (Peabody Energy Corp), Coal Supply Agreement (Patriot Coal CORP)

AutoNDA by SimpleDocs

BTU Adjustment. The Index Based Market Price will be adjusted to reflect contract calorific value according to the following formula: Btu Adjustment = Index Based Market Price x ((12,300 12,500)/12,500)

Appears in 1 contract

Samples: Coal Supply Agreement (Patriot Coal CORP)

AutoNDA by SimpleDocs

BTU Adjustment. The Index Based Market Price will be adjusted to reflect contract calorific value according to the following formula: Btu Adjustment = Index Based Market Price x ((12,300 12,500)/12,500)

Appears in 1 contract

Samples: Coal Supply Agreement (Patriot Coal CORP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!