Average Freight Cost definition

Average Freight Cost means the amount expressed in dollars per ton on a Product-specific basis as proposed by Pioneer or, upon request by OCC Tacoma, as determined by the Pioneer Accountant (subject to dispute resolution) in accordance with GAAP, to be the result obtained by dividing (a) the total actual freight charges incurred by Pioneer during the Pre-Event Period in connection with the Delivery of each Product subject to a Loss of Production, expressed in dollars, by (b) the total number of tons of such Product produced at the Facility and Delivered during the Pre-Event Period, using the books and records of Pioneer and other information requested by the Pioneer Accountant from Pioneer.
View Source

Related to Average Freight Cost

  • Average consumption means the average consumption by a customer of a municipal service during a specific period, which consumption is calculated by dividing by three the total measured consumption of that service by that customer over the preceding three months;

  • Equipment Cost means, for each Unit, the purchase price therefor paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.