Common use of Payment Calculation Clause in Contracts

Payment Calculation. Schedule 1 attached hereto shows the methodology for calculating the coal payment, the BTU adjustment and quality price reductions for the Delivery Month. If there are any such price adjustments, Buyer shall apply a credit for such adjustments to amounts owed Seller for the month the coal was loaded.

Appears in 2 contracts

Samples: Supply Agreement, Supply Agreement

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Payment Calculation. Schedule 1 attached hereto shows the methodology for calculating the coal payment, the BTU adjustment and quality price reductions for the Delivery Month. If there are any such price adjustments, Buyer shall apply a credit for such adjustments to amounts owed Seller for the month the coal was loadedloaded (and not later rejected by Buyer).

Appears in 2 contracts

Samples: Supply Agreement, Supply Agreement

Payment Calculation. Schedule 1 attached hereto shows the methodology for calculating the coal payment, the BTU adjustment and quality price reductions for the Delivery Month. If there are any such price adjustments, Buyer shall apply a credit for such adjustments to amounts owed Seller for the month the coal was loadedunloaded.

Appears in 2 contracts

Samples: Supply Agreement (Armstrong Coal Company, Inc.), Supply Agreement (Armstrong Energy, Inc.)

Payment Calculation. Schedule 1 attached hereto shows the methodology for calculating the coal payment, the BTU adjustment and quality price reductions for the Delivery Month. If there are any such price adjustments, Buyer shall apply a credit for such adjustments to amounts owed Seller for the month the coal was loaded.delivered. HARTSHORNE MINING GROUP, LLC LG&E/KU CONTRACT No. J18001

Appears in 1 contract

Samples: Supply Agreement (Paringa Resources LTD)

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Payment Calculation. Schedule 1 II attached hereto shows the methodology for calculating the coal payment, the BTU adjustment and quality price reductions for the Delivery Month. If there are any such price adjustments, Buyer shall apply a credit for such adjustments to amounts owed Seller for the month the coal was loaded.

Appears in 1 contract

Samples: Coal Supply Agreement

Payment Calculation. Schedule 1 I attached hereto shows the methodology for calculating the coal payment, the BTU adjustment and quality price reductions for the Delivery Month. If there are any such price adjustments, Buyer shall apply a credit for such adjustments to amounts owed Seller for the month the coal was loaded.

Appears in 1 contract

Samples: Supply Agreement

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