Common use of Correction for Actual Quantity Clause in Contracts

Correction for Actual Quantity. During the Operating Year the Coal Base Price shall be calculated, for invoicing purposes, on the basis of the greater of an annual quantity of [_ _ _ _] Tons or the previous Operating Year's quantity until the earlier of (i) the date on which Seller shall have delivered [_ _ _ _] Tons in such Operating Year or (ii) the end of such Operating Year. A. Assumptions 1. Operating Year = 1/1/95-12/31/95 2. Operating Year Quantity = [_ _ _ _] Tons 3. 1 1/94-12/31/94 Quantity = [_ _ _ _] Tons

Appears in 3 contracts

Samples: Coal Supply Agreement (International Coal Group, Inc.), Coal Supply Agreement (International Coal Group, Inc.), Coal Supply Agreement (International Coal Group, Inc.)

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Correction for Actual Quantity. During the any Operating Year the Coal Base Price shall be calculated, for invoicing purposes, on the basis of the greater of an the annual quantity of [_ _ _ _] Tons or the previous Operating Year's quantity until the earlier of (i) the date on which Seller shall have delivered [_ _ _ _] Tons in such Operating Year or (ii) the end of such Operating Year. A. Assumptions 1. Operating Year = 1/1/951/1/96-12/31/9512/31/96 2. Operating Year Quantity = [_ _ _ _] Tons 3. 1 1/941/95-12/31/94 12/31/95 Quantity = [_ _ _ _] Tons

Appears in 1 contract

Samples: Coal Supply Agreement (International Coal Group, Inc.)

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