Common use of Base Price Clause in Contracts

Base Price. The base price ("Base Price") of the coal to be sold hereunder will be firm and will be $.85636/MMBtu for coal delivered in 1997, $.89061/MMBtu for coal delivered in 1998, and $.92623/MMBtu for coal delivered in 1999 through 2001.

Appears in 1 contract

Sources: Coal Supply Agreement (Louisville Gas & Electric Co /Ky/)

Base Price. The base price (the "Base Price") of the coal to be sold hereunder will be firm and will be determined by the year in which the coal is delivered as defined in SECTION 5 in accordance with the following schedule: YEAR BASE PRICE ($ PER MMBTU) ------- ------------------------ 1997 $.85636/MMBtu for coal delivered in 1997, 0.78000 1998 $.89061/MMBtu for coal delivered in 1998, and 0.79000 1999 $.92623/MMBtu for coal delivered in 1999 through 2001.0.80000 2000 $0.81000 2001 $0.82000

Appears in 1 contract

Sources: Coal Supply Agreement (Louisville Gas & Electric Co /Ky/)

Base Price. The base price ("Base Price") of the coal to be sold hereunder will be firm and will be $.85636/MMBtu for determined by the year in which the coal is delivered as defined in 1997, $.89061/MMBtu for coal delivered § 5 in 1998, and $.92623/MMBtu for coal delivered in 1999 through 2001.accordance with the following schedule: 2003 $ 0.88 $ 0.8774 $ 0.8539 2004 $ 0.89 $ 0.8874 $ 0.8639 2005 $ 0.90 $ 0.8974 $ 0.8739

Appears in 1 contract

Sources: Coal Supply Agreement (Louisville Gas & Electric Co /Ky/)

Base Price. The base price ("Base Price") of the coal to be sold hereunder will be firm and will be determined by the cumulative volume range in which the coal is loaded, as defined in Article 3, in accordance with the following schedule: 0 – 500,000 tons $.85636/MMBtu for coal delivered in 1997, 31.50 500,001 – 1,000,000 tons $.89061/MMBtu for coal delivered in 1998, and 32.50 1,000,001 – 3,000,000 tons $.92623/MMBtu for coal delivered in 1999 through 2001.33.50 3,000,001 – 5,000,000 tons $34.50 5,000,001 – 7,000,000 tons $35.00

Appears in 1 contract

Sources: Coal Supply Agreement

Base Price. The base price ("Base Price") of the coal to be sold hereunder will be firm and will be $.85636/determined by the year in which the coal is delivered as defined in § 5 in accordance with the following schedule: 2002 $ 1.1224 per MMBtu for coal delivered in 1997, $.89061/$ 25.59 per ton 2003 $ 1.1351 per MMBtu for coal delivered in 1998, and $.92623/$ 25.88 per ton 2004 $ 1.1680 per MMBtu for coal delivered in 1999 through 2001.$ 26.63 per ton

Appears in 1 contract

Sources: Coal Supply Agreement (Louisville Gas & Electric Co /Ky/)

Base Price. The base price ("Base Price") of the coal to be sold hereunder will be firm and will be $.85636/MMBtu for determined by the cumulative volume range in which the coal is delivered as defined in 1997, $.89061/MMBtu for coal delivered Section 5 in 1998, and $.92623/MMBtu for coal delivered in 1999 through 2001.accordance with the following schedule: 0 – 750,000 $ 40.50 750,001 – 1,750,000 $ 41.50 1,750,001 – 2,750,000 $ 43.00 2,750,001 – 3,750,000 $ 44.25 3,750,001 – 4,750,000 $ 45.75

Appears in 1 contract

Sources: Coal Supply Agreement (Paringa Resources LTD)

Base Price. The base price (the "Base Price") of the coal to be sold hereunder will be firm and will be determined by the year in which the coal is delivered as defined in SECTION 5 in accordance with the following schedule: YEAR BASE PRICE ($ PER MMBTU) ---- ------------------------ 1997 $.85636/MMBtu for coal delivered in 1997, 0.78000 1998 $.89061/MMBtu for coal delivered in 1998, and 0.79000 1999 $.92623/MMBtu for coal delivered in 1999 through 2001.0.80000 2000 $0.81000 2001 $0.82000

Appears in 1 contract

Sources: Coal Supply Agreement (Louisville Gas & Electric Co /Ky/)