Coal Inventory definition
Examples of Coal Inventory in a sentence
All determinations made by the Independent Surveyor in its survey of the Coal Inventory shall be final, binding and conclusive on the parties.
If, at any time, Provider has reason to believe that the Plant’s Coal inventory will be less then the Minimum Coal Inventory, then it will promptly notify Off-Taker thereof in its capacity as a member of the Coal Committee.
The Borrowers shall deliver to the Agent, after the end of each month, Inventory records, in such detail as the Agent shall deem reasonably necessary to determine the level of Eligible Coal Inventory.
Any net consumption of Project Coal Inventory tons shall be charged to FERC Account 501 and apportioned among and paid for by the Participants on the basis of the percentage that each Participant’s annual Incremental Price Band(s) consumption bears to the total annual Incremental Price Band(s) consumption for all Units.
In the year-end reconciliation process of Section 23.4.2.3, the costs of any net addition to Project Coal Inventory tons, as invoiced by SJCC, shall be charged to FERC Account 151 and apportioned to and paid for by the Participants based on Common Participation Share.