Metals Week US Transaction Price definition

Metals Week US Transaction Price means the arithmetic average of the daily Metals Week US Transaction Price per pound for high grade aluminum (99.7 purity), published
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Metals Week US Transaction Price means the arithmetic average of the daily Metals Week US Transaction Price per pound for high grade aluminum (99.7 purity), published in Platts Metals Week over the applicable Quotation Period. If Platts Metals Week ceases publication, the Parties shall in good faith seek a substitute publication or reference that most nearly approximates the price reflected in Platts Metals Week. “MT” means metric tons of 1,000 kilograms (or 2,204.62 pounds) each.
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Examples of Metals Week US Transaction Price in a sentence

  • For each pound of High Purity delivered by Century to Glencore in excess of the applicable High Purity Committed Quantities (all such deliveries, “Other High Purity”), Glencore will make a fixed payment to Century equal to the sum of (1) the Metals Week US Transaction Price, and (2) *[Redacted]* for High Purity in Small Form.

  • For each pound of HDC and Small Form Aluminum products delivered by Century to Glencore in excess of the applicable HDC/Small Form Committed Quantities (all such deliveries, “Other HDC/Small Form”), Glencore will make a fixed payment to Century equal to the sum of (1) the Metals Week US Transaction Price less a *[Redacted]* freight discount for Mt ▇▇▇▇▇ and *[Redacted]* freight discount for Sebree, (2) the P0610A Base Payment, if applicable and (3) Century’s Additional Casting Costs.

  • Glencore will make a fixed payment to Century for each pound of Additional Committed Quantities of High Purity (or any additional pounds of High Purity ordered by Glencore in excess of the High Purity Committed Quantities) delivered to Glencore in an amount equal to the sum of (1) the Metals Week US Transaction Price, (2) *[Redacted]* for High Purity in Small Form and (3) the High Purity Base Premium.

  • Glencore will make a fixed payment to Century for each pound of Base Committed Quantities of Billet delivered to Glencore in an amount equal to (1) the Metals Week US Transaction Price and (2) the applicable Fixed Premium.

  • Glencore will make a fixed payment to Century for each pound of Additional Committed Quantities of Billet delivered to Glencore in an amount equal to the sum of (1) the Metals Week US Transaction Price, (2) the Billet Base Premium and (3) Century’s Additional Casting Costs.

  • For each pound of P0506A Aluminum delivered by Century to Glencore other than Fixed Premium P0506A Aluminum (“Other P0506A Aluminum), Glencore will make a fixed payment to Century equal to the sum of (1) the Metals Week US Transaction Price and (2) a shape premium of *[Redacted]* for ingot (if ordered by Glencore).

  • For any High Conductivity Sow for which a Fixed Premium has been determined in accordance with Section 3(b)(ii) (“Fixed Premium High Conductivity Sow”), Glencore will make a fixed payment to Century for each pound of Fixed Premium High Conductivity Sow delivered to Glencore in an amount equal to the sum of (1) the Metals Week US Transaction Price and (2) the applicable Fixed Premium.

  • Glencore will make a fixed payment to Century for each pound of Additional Committed Quantities of Slab (or any additional pounds of Slab ordered by Glencore in excess of the Slab Committed Quantities) delivered to Glencore in an amount equal to the sum of (1) the Metals Week US Transaction Price, (2) the Slab Base Premium and (3) Century’s Additional Casting Costs.

  • For each pound of Slab products delivered by Century to Glencore in excess of the applicable Slab Committed Quantities (all such deliveries, “Other Slab”), Glencore will make a fixed payment to Century equal to the sum of (1) the Metals Week US Transaction Price and (2) Century’s Additional Casting Costs.

  • Glencore will make a fixed payment to Century for each pound of Additional Committed Quantities of HDC/Small Form (or any additional pounds of HDC or Small Form Aluminum ordered by Glencore in excess of the HDC/Small Form Committed Quantities) delivered to Glencore in an amount equal to the sum of (1) the Metals Week US Transaction Price, (2) the HDC/Small Form Base Premium, (3) *[Redacted]* for P0610A, if applicable (“P0610A Base Payment”) and (4) Century’s Additional Casting Costs.