ADJUSTMENT FOR QUALITY. 8.1 As used in this Section 8, a “Quarterly Average Value” shall mean the weighted average value of the appropriate quality component determined from all samples of coal collected and analyzed in accordance with Section 7 during a calendar quarter, based on the tonnage represented by the samples collected and corresponding analysis.
Appears in 3 contracts
Sources: Purchase and Sale Agreement (Armstrong Coal Company, Inc.), Purchase and Sale Agreement (Armstrong Resource Partners, L.P.), Credit Agreement (Armstrong Energy, Inc.)