Chip Price definition

Chip Price means in each calendar quarter subsequent to the Base Period, the Base Price adjusted upwards or downwards as the case may be by the percentage equal to the percentage change in the Quarterly Crofton Average Mill Net Price for the calendar quarter in which the Chips are purchased, from the Base Mill Net Price; and
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Examples of Chip Price in a sentence

  • PRICE AND PAYMENT FOR CHIPS 8 4.1. Chip Price 8 4.2. Payment 8 4.3. Production Costs 8 5.

  • Except as otherwise expressly provided in this Agreement, the price payable by Buyer to Seller for Chips purchased by Buyer under this Agreement will be the Coast Chip Price for the Fiscal Quarter in which such Chips are delivered to Buyer in accordance with this Agreement.

  • A The Chip Price payable for Chips delivered by Riverside to Crown under this Agreement in any month after June 30, 1993 will be reduced by an amount equal to the Chip Price Discount in respect of that month.

  • The purchase price payable by FCCL to TimberWest for Chips purchased by FCCL under this Agreement will be the Coast Chip Price for the Fiscal Quarter in which such Chips are delivered to FCCL in accordance with this Agreement, plus in the case of TMP - quality hemlock balsam Chips produced at the Elk Falls Facility from small hemlock and balsam sawlogs and consumed at the Elk Falls Pulp Mill, *.