Invoice Procedures for Coal Shipments. By the fifth (5th) working day of the month following the Delivery Month (the “Payment Month”), the Buyer will provide Seller with a price calculation for all coal loaded during the Delivery Month based on the applicable Base Price, and taking into account all quality price adjustments provided for in Section 8 (the “Buyer’s Statement”). By the tenth (10th) day of the Payment Month the Seller will provide Buyer with its invoice for all coal loaded during the Delivery Month taking into account all quality price adjustments (the “Monthly Invoice”).
Invoice Procedures for Coal Shipments. Seller shall invoice Buyer at the Base Price, plus or minus any adjustment as provided herein, for all coal unloaded in a calendar month by the tenth (10th) of the following month.
Invoice Procedures for Coal Shipments. Seller shall invoice Buyer at the Base Price, minus any quality price discounts, for all coal unloaded in a calendar month by the fifteenth of the following month.
Invoice Procedures for Coal Shipments. Seller shall invoice Buyer twice each month at the current Base Price for all coal unloaded in the previous calendar half-month.
Invoice Procedures for Coal Shipments. Seller shall invoice Buyer weekly at the current Base Price for all fuel unloaded in the previous calendar week. In order to facilitate monthly record keeping for both Buyer and Seller, Seller shall separately invoice Buyer for coal delivered in any partial week at the beginning or end of each calendar month.
Invoice Procedures for Coal Shipments. Seller shall invoice Buyer at the Base Price, minus any quality price discounts, for all coal unloaded in a calendar month by the fifteenth (15th) of the following month. ARCH COAL SALES CO., INC. KU Contract # KUF02849
Invoice Procedures for Coal Shipments. Seller shall provide Buyer two separate invoices, one for Louisville Gas and Electric and one for Kentucky Utilities. Seller shall invoice Buyer at the Base Price, minus any quality price discounts, for all coal unloaded in a calendar month by the fifteenth (15th) of the following month.
Invoice Procedures for Coal Shipments. Seller shall invoice Buyer at the Base Price including any adjustments, and reconciliations as provided herein, for all coal unloaded in a calendar month by the fifteenth (15th) of the following month. In the event that any adjustment is not calculated in time for inclusion on the invoice, such adjustment(s) may be stated as a retroactive adjustment on the invoice next following the calculation date. A statement showing the basis for the adjustment shall accompany the invoice.
Invoice Procedures for Coal Shipments. By the [***] working day of the month following the Delivery Month (the “Payment Month”), the Buyer will provide Seller with a price calculation for all coal loaded at the Barge Delivery Point(s) during the Delivery Month plus any tonnage difference between Seller’s loading weight and the final payment weight that occurred during the Delivery Month (the “Weight True-Up”) based on the applicable Base Price, and taking into account all quality price adjustments provided for in Section 8 (the “Buyer’s Statement”). By the [***] day of the Payment Month the Seller will provide Buyer with its invoice for all coal loaded at the Barge Delivery Point(s) during the Delivery Month plus any Weight True-Up and taking into account all quality adjustments for coal unloaded for the Delivery Month as provided in §8.2 (the “Monthly Invoice”).”
Invoice Procedures for Coal Shipments. By the fifth (5th) working day of the month following the Delivery Month (the “Payment Month”), Buyer will provide Seller with a price calculation for all coal loaded during the Delivery Month based on the applicable Base Price, and taking into account all quality price adjustments provided for in Article 8 (the “Buyer’s Statement”). By the tenth (10th) day of the Payment Month the Seller will provide Buyer with its invoice for all coal loaded during the Delivery Month, taking into account all quality price adjustments (the “Monthly Invoice”). §9.3 Payment Procedures for Coal Shipments. ACNR COAL SALES, INC. LG&E/KU Contract No. J24006 For all coal loaded between the first (1st) and fifteenth (15th) days of any Delivery Month, Buyer shall make a “Preliminary Payment” of one-hundred percent (100%) of the Base Price for such coal (based on the assumption that the coal will meet all GMWA parameters) by the twenty- fifth (25th) day of such Delivery Month. All Preliminary Payments shall be calculated based solely on the then-current Base Price on a dollar-per-ton basis. By the fifteenth (15th) day of the Payment Month, Buyer will pay for all coal loaded between the sixteenth (16th) and the last day of any Delivery Month plus any quality adjustments for the Delivery Month as provided in §8.2 above. For example, Buyer will make a Preliminary Payment by August 25 for coal loaded between August 1 through August 15. On or before the fifth (5th) working day of September, Buyer will provide Seller with the Buyer’s Statement. On or before the tenth (10th) day of September, Seller shall provide Buyer the Monthly Invoice for all coal loaded in August. The Monthly Invoice for August loadings, to the extent it is verified by Xxxxx, will be paid by the fifteenth (15th) day of September. In every case referenced in this section for payment, if a specific day is not a banking day and regular work day for Buyer, payment shall be made on the next regular work day for Buyer. Notwithstanding loading, Rejected Coal shipments shall not be included in the invoicing and payment with respect to coal during the Delivery Month. As-loaded Replacement Coal and/or Cover Coal shall be included in the invoicing and payment with respect to coal during the Delivery Month. Buyer shall electronically transfer funds to Seller’s Account based on the account information (including Bank name, ABA number and Account Number) provided in writing, in a ACNR COAL SALES, INC. LG&E/KU Contract No. J24006 f...
