Common use of Base Prices Clause in Contracts

Base Prices. The Base Prices established as of January 1, 2010, shall be $****** per ton up to ****** tons ("Tier 1") and $****** per ton for ****** to ****** tons ("Tier 2"). The Purchase Price effective on January 1, 2016, shall be $****** per ton up to ****** tons ("Tier 1") and $****** per ton for ****** to ****** tons ("Tier 2"), as set forth on Exhibit I. The Base Prices are composed of the components and subcomponents in the manner described in Exhibit B, Schedules 1-4. The Base Prices are composed of the following "Escalated Components": (i) Medical, (ii) Labor and Benefits, (iii) Materials and Supplies, and (iv) the Composite Component. In addition, the Base Prices are composed of the following "Pass-Through Components": (i) Severance Tax, (ii) Ad Valorem Tax, (iii) Federal Black Lung Excise Tax, (iv) Federal Abandoned Mined Land Reclamation ("AML") Fee, (v) Royalties, and (vi)

Appears in 1 contract

Sources: Coal Supply Agreement (Westmoreland Resource Partners, LP)

Base Prices. The Base Prices established as of January 1l, 2010, 2010 shall be $****** per ton up to ****** tons ("Tier 1I") and $****** per ton for ****** to ****** tons ("''Tier 2"). The Purchase Price effective on January 1July l, 2016, 2010 shall be $****** per ton up to ****** tons ("Tier 1l") and $****** per ton for ****** to ****** tons ("Tier 2"), as set forth on Exhibit I. B, Schedule 4. The Base Prices are composed of the components and subcomponents in the manner described in Exhibit B, Schedules 1-4. The Base Prices are composed of the following "Escalated Components": (i) Medical, (ii) Labor and Benefits, (iii) Materials and Supplies, and (iv) the Composite Component. In addition, the Base Prices are composed of the following "Pass-Through Components": (i) Severance Tax, (ii) Ad Valorem Tax, (iii) Federal Black Lung Excise Tax, (iv) Federal Abandoned Mined Land Reclamation ("AML") Fee, (v) Royalties, and (vi)

Appears in 1 contract

Sources: Coal Supply Agreement (Westmoreland Resource Partners, LP)