Common use of Coal Blend and Coal Supply Contracts Clause in Contracts

Coal Blend and Coal Supply Contracts. Seller will purchase the coals to be included in any such coal blend at fair market value, and will procure at fair market value, such transportation and blending services as may be needed to deliver the blended coal to the Coke Plant. Seller shall not, without the prior consent of Purchaser, enter into any contracts with terms exceeding two (2) years for the supply of coals to be used in connection with the production of Coke at the Coke Plant. Such consent of Purchaser shall not be unreasonably withheld. Any of Seller’s contracts (or other purchases) with or from its Affiliates for coal used in the production of Coke shall be on terms no less favorable to Seller than such terms would be had such contract or purchase been with an unrelated third-party supplier of coal.

Appears in 4 contracts

Samples: Guaranty Agreement (SunCoke Energy, Inc.), Guaranty Agreement (SunCoke Energy, Inc.), Guaranty Agreement (SunCoke Energy, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.