Common use of January 1, 2013 Base Prices Clause in Contracts

January 1, 2013 Base Prices. On or before January 1, 2013, Base Prices for the West Kentucky base load and Illinois base load Coal shall be determined by the Parties under the existing New Coal Supply Agreement, as amended, effective September 1, 2005 between Buyer and Xxxxxxx County Coal, LLC, a Delaware limited liability company (successor-in-interest to Xxxxxxx County Coal Corporation, a Kentucky corporation), White County Coal, LLC, a Delaware limited liability company (successor-in-interest to White County Coal Corporation, a Delaware corporation), and Seller, as successor in interest to Mapco Coal, Inc. for itself and as agent for Xxxxxxx County Coal, LLC and White County Coal, LLC (the “NCSA”). The Base Prices effective January 1, 2013 shall be ****% of the October 1, 2012 NCSA Current Prices for Dotiki Mine coal (“West Kentucky Base Price”) and Pattiki Mine coal (“Illinois Base Price”) as determined in accordance with the terms and conditions of the NCSA. The West Kentucky Base Price determined above shall be adjusted downward by multiplying by **** to establish the effective January 1, 2013 West Kentucky Base Price.