Average Market Value or AMV definition
Average Market Value or AMV means, based on the Facility Commodity Revenue, the current month Net Revenue for each Recyclable commodity sold by the Facility.
Average Market Value or AMV means, based on the Facility Commodity Mix, the current month market values set by the commodity market indices for each Recyclable commodity sold by the Facility. The AMV shall be calculated as the sum of (i) the applicable domestic regional average commodity prices for applicable fiber grades included in PPI Pulp & Paper Week (also known as RISI Index www.risiinfo.com), (ii) the applicable domestic regional average commodity prices for applicable metal and plastic grades in www.SecondaryMaterialsPricing.com, and (iii) actual monthly prices for glass and residue; minus any direct costs of Company related to storage, transportation, disposal or marketing of Recyclables. If the indices identified above change or are no longer utilized in the market, the parties will negotiate in good faith to identify mutually acceptable indices or, if the parties cannot reach agreement, Company will default to industry standards.