Quality Price Discounts Sample Clauses

Quality Price Discounts. (a) The Base Price is based on coal meeting or exceeding the Guaranteed Monthly Weighted Average specifications as set forth in § 6.1. Quality price discounts shall be applied for each specification each month to reflect failures to meet the Guaranteed Monthly Weighted Averages set forth in § 6.1, as determined pursuant to § 7.2, subject to the provisions set forth below. The discount values used are as follows: BTU/LB. 0.2604 SULFUR 0.1232 ASH 0.0083 MOISTURE 0.0016 (b) Notwithstanding the foregoing, for each specification each month, there shall be no discount if the actual Monthly Weighted Average meets the applicable Discount Point set forth below. However, if the actual Monthly Weighted Average fails to meet such applicable Discount Point, then the discount shall apply and shall be calculated on the basis of the difference between the actual Monthly Weighted Average and the Guaranteed Monthly Weighted Average pursuant to the methodology shown in Exhibit B attached hereto. BTU/LB min. 10,850 10,650 SULFUR max. 3.00 3.05 ASH max. 10.80 12.20 MOISTURE max. 12.90 14.46 For example, if the actual Monthly Weighted Average of sulfur equals 3.10 lb/MMBTU, then the applicable discount would be (3.1lb – 3.00 lb) X $.1232/lb/MMBTU = $.0123/MMBTU.
Sample 1
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Quality Price Discounts. (a) The Base Price is based on coal meeting or exceeding the Guaranteed Monthly Averages specifications as set forth in Section 6.1. Quality price discounts shall be applied for each ARCH COAL SALES CO., INC. KU Contract # KUF02848 PRB specification to reflect failures to meet the Guaranteed Monthly Weighted Averages or Individual Shipment SO2 specifications set forth in Section6.1, as determined pursuant to Section7.2, subject to the provisions set forth below. The discount values used are as follows: MONTHLY DISCOUNT VALUES $/MMBTU BTU/LB. 0.2604 $/LB./MMBTU ASH 0.00863 MOISTURE 0.0016 INDIVIDUAL SHIPMENT DISCOUNT VALUE $/TON SO(2) 3.00 (b) Notwithstanding the foregoing, for each specification, there shall be no discount if the actual Monthly Weighted Average meets the applicable Discount Point set forth below. However, if the actual Monthly Weighted Average fails to meet such applicable Discount Point, then the discount shall apply to and shall be calculated on the basis of the difference between the actual Monthly Weighted Average and the Guaranteed Monthly Weighted Average pursuant to the methodology shown in Exhibit A attached hereto. ARCH COAL SALES CO., INC. KU Contract # KUF02848 PRB
Sample 1
Quality Price Discounts. (a) The Base Price is based on coal meeting or exceeding the Guaranteed Monthly Weighted Average specifications as set forth in SECTION 6.1. Quality price discounts shall be applied for each specification each month to reflect failures to meet the Guaranteed Monthly Weighted Averages set forth in SECTION 6.1, as determined pursuant to SECTION 7.2, subject to the provisions set forth below. The discount values used are as follows: DISCOUNT VALUES --------------- $/LB./MMBTU ----------- SULFUR 0.1232 ASH 0.0083 MOISTURE 0.0016 CONTRACT #00-000-000 (b) Notwithstanding the foregoing, for each specification each month, there shall be no discount if the actual Monthly Weighted Average meets the applicable Discount Point set forth below. However, if the actual Monthly Weighted Average fails to meet such applicable Discount Point, then the discount shall apply and shall be calculated on the basis of the difference between the actual Monthly Weighted Average AND THE GUARANTEED MONTHLY WEIGHTED AVERAGE pursuant to the methodology shown in Exhibit A attached hereto. LOW SULFUR ---------- GUARANTEED MONTHLY WEIGHTED AVERAGE DISCOUNT POINT ------------------ -------------- SPECIFICATIONS LBS./MBTU --------------- Ash 9.00 9.75 Moisture 9.00 9.75 Sulfur 2.90 3.0 MID SULFUR ---------- GUARANTEED MONTHLY WEIGHTED AVERAGE DISCOUNT POINT ------------------ -------------- SPECIFICATIONS LBS./MBTU --------------- Ash 13.50 13.5 Moisture 9.00 10.0 Sulfur 3.40 3.4 HIGH SULFUR ----------- GUARANTEED MONTHLY WEIGHTED AVERAGE DISCOUNT POINT ------------------ -------------- SPECIFICATIONS LBS./MBTU --------------- Ash 19.00 19.0 Moisture 9.00 12.0 Sulfur 4.00 4.2 CONTRACT #00-000-000 For example, for Low Sulfur Coal, if the actual Monthly Weighted Average of sulfur equals 3.3 lb/MMBTU, then the applicable discount would be (3.3 lb. - 2.90 lb.) X $0.1232/lb/MMBTU = $.04928/MMBTU.
Sample 1
Quality Price Discounts. Sections 8.2(b)(i) and 8.2(b)(ii), are hereby deleted in their entireties.
Sample 1
Quality Price Discounts. (a) The Base Price is based on coal meeting or exceeding the Guaranteed Monthly Averages specifications for the Kentucky Utilities Ghent Generating Station, as set forth in §6.1. Quality price discounts shall be applied for each specification, for the Kentucky Utility generating station, to reflect failures to meet the Guaranteed Monthly Averages or Individual Shipment SO2 specifications set forth in §6.1, as determined pursuant to §7.2, subject to the provisions set forth below. The discount values used are as follows: BTU/LB. 0.2604 ASH 0.0083 MOISTURE 0.0016 SO2 3.00 (b) Notwithstanding the foregoing, for each specification, there shall be no discount if the actual Monthly Weighted Average meets the applicable Discount Point set forth below. However, if the actual Monthly Weighted Average for the Kentucky Utilities Ghent generating station fails to meet such applicable Discount Point, then the discount shall apply to and shall be calculated on the basis of the difference between the actual Monthly Weighted Average and the Guaranteed Monthly Weighted Average pursuant to the methodology shown in Exhibit A attached hereto. BTU/LB Min. 12,000 11,800 ASH Max. 10.83 10.83 MOISTURE Max. 6.67 8.33 Guaranteed Barge LbsSO2/Mmbtu Discount Point SO2 Max. 1.20 1.20 For example, if the actual Monthly Weighted Average of ash equals 11.00 lb/MMBTU, then the applicable discount would be (11.00 lb. – 10.83 lb.) X $.0083/lb/MMBTU = $.001411/MMBTU.
Sample 1
Quality Price Discounts. (a) The Base Price is based on coal meeting the Guaranteed Monthly Weighted Average specifications for ash, sulfur, and moisture and the Rejection Limits (per shipment) for BTU/lb as set forth in Section 6.1. Quality price discounts shall be applied for each specification each month and will be as follows: ASH: $0.75/ton for each full 1 lb./MMBTU in excess of 8.5 lb./MMBTU. SULFUR: $2.75/ton for each 1% or portion thereof in excess of 3% during the Low Sulfur Months and in excess of 3.7% during the High Sulfur Months, respectively. This discount will be applied on a proportionate basis. For example, if, during a Low Sulfur Month, actual sulfur is 3.2%, the price discount will be $0.55 per ton (.2x$2.75). MOISTURE: $0.25/ton for each full 1.00% in excess of 9.0% moisture. BTU/LB: $0.50/ton for each full 50 BTU/lb below 11,900 BTU/lb applied on a per shipment basis. If there are any such discounts, Buyer shall apply credit to amounts owed Seller for the month the coal was unloaded.
Sample 1
Quality Price Discounts. (a) The Base Price is based on coal meeting or exceeding the Guaranteed Monthly Weighted Average specifications as set forth in ss. 6.1. Quality price discounts shall be applied for each specification each month to reflect failures to meet the Guaranteed Monthly Weighted Averages set forth in ss.6.1, as determined pursuant to ss.7.2, subject to the provisions set forth below. The discount values used are as follows: DISCOUNT VALUES --------------- $/MMBTU ------- BTU/LB. 0.2604 $/LB./MMBTU ----------- SULFUR 0.1232 ASH 0.0083 MOISTURE 0.0016 (b) Notwithstanding the foregoing, for each specification each month, there shall be no discount if the actual Monthly Weighted Average meets the applicable Discount Point set forth below. However, if the actual Monthly Weighted Average fails to meet such applicable Discount Point, then the discount shall apply and shall be calculated on the basis of the difference between the actual Monthly Weighted Average and the Guaranteed Monthly Weighted Average pursuant to the methodology shown in Exhibit A attached hereto. Guaranteed Monthly Weighted Average Discount Point ---------------- -------------- BTU/LB min. 10,550 10,350 LB/MMBTU: SULFUR max. 3.22 3.50 ASH max. 12.89 14.25 13 Contract #LGE 99-002
Sample 1
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Quality Price Discounts. The text of Section 8.2.(b) is deleted in its entirety and is replaced with the following provision:
Sample 1

Related to Quality Price Discounts

  • Volume Discounts Contractor may offer volume discounts. Volume discounts may be applied per order. Volume discounts shall be defined and applied as follows: Volume discounts shall be additional discounts applied to individual orders over a specified dollar amount.

  • WARRANTY-PRICE A. The Contractor warrants the prices quoted in the Offer are no higher than the Contractor's current prices on orders by others for like deliverables under similar terms of purchase. B. The Contractor certifies that the prices in the Offer have been arrived at independently without consultation, communication, or agreement for the purpose of restricting competition, as to any matter relating to such fees with any other firm or with any competitor. C. In addition to any other remedy available, the City may deduct from any amounts owed to the Contractor, or otherwise recover, any amounts paid for items in excess of the Contractor's current prices on orders by others for like deliverables under similar terms of purchase.

  • Additional Discounts? Do you offer additional discounts to TIPS members for large order quantities or large scope of work? Yes Years in business as proposing company? Does the vendor have resellers that it will name under this contract? Resellers are defined as other companies that sell your products under an agreement with you, the awarded vendor of TIPS. EXAMPLE: BIGmart is a reseller of ACME brand televisions. If ACME were a TIPS awarded vendor, then ACME would list BIGmart as a reseller. (If applicable, Vendor should add all Authorized Resellers within the TIPS Vendor Portal upon award). No

  • Supply Price The Initial Term “Supply Price” for the “Monthly Fixed Price Volume” set forth on Exhibit A shall be $[______]/MWh for the first [***] years of the Initial Term, and thereafter shall be the then-current market price as mutually agreed by Customer and Supplier prior to the end of the [***] year. The Extension Term Supply Price, if any, will be the then-current market price as mutually agreed by Customer and Supplier prior to entering into the Extension Term. Supplier and Customer may agree to fix the Supply Price for one or more periods during the Term that individually and in total are shorter than the full Term. Exhibit A sets forth the hourly delivery volume for which the Energy Price will be fixed during each month of the Term to take into account the phase-in of the facility which is expected to progress at a rate of approximately [***]MW per month (the “Monthly Fixed Price Volume”). Supplier represents that Supplier has used commercially reasonable efforts to set such Supply Price at approximately [***]% discount to the forward price at which Supplier xxxxxx its delivery obligations under this Transaction Confirmation with respect to any financial or physical energy supply arrangement intended to cover the Monthly Fixed Price Volume, the settlement index (ERCOT North Load Zone), and this Transaction Confirmation term. The [***]% discount shall be revised to take into account any physical or software limitations originating from Customer and limiting Supplier’s ability to curtail 100% of the load at the Data Center. Exhibit A also sets forth the minimum load that Customer has designated as not subject to economic curtailment (“Non-Curtailable Load”), which represents, among other things, the Motor Control Center (MCC), and other essential server and administrative load. Customer and Supplier can, in the context of the immediately preceding sentence, agree on a lesser than [***]% discount with respect to the Supply Price to account for Supplier’s incremental cost of providing a fixed Supply Price for Non-Curtailable Load.

  • Volume and Additional Discounts In addition to the Part 1 Minimum Percentage Discount proposed herein, does Vendor ever expect and intend to offer additional, greater, or volume discounts to TIPS Members? If proposing on Part 1, point(s) may be assigned for your response in the Part 1 category of "Pricing" during scoring and evaluation. If you are not proposing on Part 1, you must respond to proceed but no points will be assigned for your response. Yes

  • Quantity Discounts Contractor may offer additional discounts for one-time delivery of large single orders;

  • PAYMENT TERMS/DISCOUNTS The County’s payment terms are in accordance with Florida Statute 218, Local Government Prompt Payment Act. Cash discounts for prompt payment shall not be considered in determining the lowest net cost for bid evaluation purposes.

  • PROMPT PAYMENT DISCOUNTS If a Contractor offers a discount for prompt payment, the Contractor shall include the terms of the discount on all invoices, the amounts which are due if the Authorized User meets the terms, and the number of days for which the prompt payment discount offer applies.

  • Auction Schedule The Auction Agent shall conduct Auctions in accordance with the schedule set forth below. Such schedule may be changed by the Auction Agent with the consent of the Company, which consent shall not be withheld unreasonably. The Auction Agent shall give notice of any such change to each Broker-Dealer. Such notice shall be received prior to the first Auction Date on which any such change shall be effective. Time Event ---- ----- By 9:30 A.M. Auction Agent advises the Company and the Broker-Dealers of the Reference Rate and the Maximum Applicable Rate as set forth in Section 2.2(e)(i) hereof.

  • Tender Prices and discounts 16.1 The prices and discounts (including any price reduction) quoted by the Tenderer in the Form of Tender and in the Activity Schedule (s) shall conform to the requirements specified below. 16.2 All lots (contracts) and items must be listed and priced separately in the Activity Schedule(s). 16.3 The Contract shall be for the Services, as described in Appendix A to the Contract and in the Specifications (or Terms of Reference), based on the priced Activity Schedule, sub mitted by the Tenderer. 16.4 The Tenderer shall quote any discounts and indicate the methodology for their application in the Form of Tender in accordance with ITT 16.1. 16.5 The Tenderer shall fill in rates and prices for all items of the Services described in the in Specifications (or Terms of Reference), and listed in the Activity Schedule in Section VII, Procuring Entity's Requirements. Items for which no rate or price is entered by the Tenderer will not be paid for by the Procuring Entity when executed and shall be deemed covered by the other rates and prices in the Activity Schedule. 16.6 All duties, taxes, and other levies payable by the Service Provider under the Contract, or for any other cause, as of the date 30 days prior to the deadline for submission of Tenders, shall be included in the total Tender price submitted by the Tenderer. 16.7 If provided for in the TDS, the rates and prices quoted by the Tenderer shall be subject to adjustment during the performance of the Contract in accordance with and the provisions of Clause 6.6 of the General Conditions of Contract and / or Special Conditions of Contract. The Tenderer shall submit with the Tender all the information required under the Special Conditions of Contract and of the General Conditions of Contract. 16.8 For the purpose of determining the remuneration due for additional Services, a breakdown of the lump-sum price shall be provided by the Tenderer in the form of Appendices D and E to the Contract.

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