Quarterly Average Value definition
Examples of Quarterly Average Value in a sentence
As used in this Section 8, a "Quarterly Average Value" shall mean the weighted average value of the appropriate quality component determined from all samples collected in accordance with Subsections 7.a. and 7.b. during a calendar quarter based, at TVA's election, on the tonnage, number of railcars, or barges represented by the samples.
For the coal accepted in each calendar quarter, an adjustment, calculated to the nearest tenth of a cent per ton at a rate of either (1) $0.06 per ton (decrease) for each percentage point the Quarterly Average Value of moisture exceeds the Typical Analysis for Moisture, or (2) $0.06 per ton (increase) for each percentage point the Quarterly Average Value for Moisture is less than the Typical Analysis for Moisture, shall be applied to the contract price.
For the coal accepted in each calendar quarter, an adjustment, calculated to the nearest tenth of a cent per ton at a rate of either (1) $0.15 per ton (decrease) for each percentage point the Quarterly Average Value of ash (on an as received basis) exceeds the Typical Analysis for ash, or (2) $0.15 per ton (increase) for each percentage point the Quarterly Average Value for ash (on an as-received basis) is less than the Typical Analysis for ash, shall be applied to the contract price.
For the coal accepted in each calendar quarter, an adjustment, calculated to the nearest cent per ton and using the then current Base Price, shall be applied to the contract price to account for variations in the Quarterly Average Value for as-received Btu/lb.
For the coal accepted in each calendar quarter, an adjustment, calculated to the nearest tenth of a cent per ton at a rate of either (1) $ 0.06 per ton (decrease) for each percentage point the Quarterly Average Value of moisture exceeds the Typical Analysis for Moisture in Section 9, or (2) $ 0.06 per ton (increase) for each percentage point the Quarterly Average Value for Moisture is less than the Typical Analysis for Moisture, shall be applied to the Contract price.
For the coal accepted in each calendar quarter, an adjustment, calculated to the nearest tenth of a cent per ton at a rate of either (1) $0.15 per ton (decrease) for each percentage point the Quarterly Average Value of ash (on an as received basis) exceeds the Typical Analysis for ash in Section 9, or (2) $0.15 per ton (increase) for each percentage point the Quarterly Average Value for ash (on an as-received basis) is less than the Typical Analysis for ash, shall be applied to the Contract price.
SO2 Adjustment increase = (Typical Analysis - Quarterly Average Value) X Adjustment SO2 Adjustment increase = (1.70 - 1.62) X 10) X $0.25 SO2 Adjustment increase = $0.20 per ton.
For the coal accepted in each calendar quarter, an adjustment, calculated to the nearest cent per ton and using the then current Base Price or Optional Tonnage Base Price applicable to such deliveries, shall be applied to the Contract price to account for variations in the Quarterly Average Value for as-received Btu/lb.
As used in this Section 8, a "Quarterly Average Value " shall mean the weighted average value of the appropriate quality component determined from all samples collected in accordance with Subsections 7.a. and 7.b. during a calendar quarter based, at TVA's election, on the tonnage, number of railcars, or barges represented by the samples.
SO2 Adjustment increase = (Quarterly Average Value – Typical Analysis) X Adjustment SO2 Adjustment increase = ((****** – ******) X ******) X $****** SO2 Adjustment increase = $****** per ton.