Common use of Moisture for West Kentucky Coal Clause in Contracts

Moisture for West Kentucky Coal. A moisture penalty or premium shall be applied to West Kentucky Coal at the rate of $**** per ton for each ****% which is above ****% or below ****%, as the case may be, fractions pro rata, measured as an “as received” monthly weighted average (rounded to **** percent). No penalty or premium will be applied to Coal ranging between ****% and ****% moisture. This penalty or premium shall be applied on a monthly weighted average basis to all West Kentucky Coal shipped, including base load West Kentucky Coal, AQR, or Substitute Coal.

Appears in 4 contracts

Samples: Confirmation (Alliance Resource Partners Lp), Confirmation (Alliance Holdings GP, L.P.), Confirmation (Alliance Resource Partners Lp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.