Common use of Base Escalator Clause in Contracts

Base Escalator. a. Weighted annual average cost of bituminous coal used by New Jersey Utilities as reported on FERC Form 423 for the 12 month period immediately preceding the year to be adjusted b. Base Value of the Base Escalator is the weighted average cost of bituminous coal used by New Jersey Utilities during the period 1/01/92 thru 12/31/92 c. Bituminous coal is bituminous coal having the following quality specifications: Ash Content between [_ _ _ _] inclusive Sulfur Content between [_ _ _ _] inclusive Btu Value between [_ _ _ _] inclusive

Appears in 3 contracts

Sources: Coal Supply Agreement (International Coal Group, Inc.), Coal Supply Agreement (International Coal Group, Inc.), Coal Supply Agreement (International Coal Group, Inc.)