Common use of BTU Adjustment Clause in Contracts

BTU Adjustment. The Index Based Market Price will be adjusted to reflect contract calorific value according to the following formula: Btu Adjustment = Index Based Market Price x ((12,300 — 12,500)/12,500)

Appears in 2 contracts

Sources: Coal Supply Agreement (Patriot Coal CORP), Coal Supply Agreement (Peabody Energy Corp)

BTU Adjustment. The Index Based Market Price will be adjusted to reflect contract calorific value according to the following formula: Btu Adjustment = Index Based Market Price x ((12,300 12,500)/12,500)

Appears in 1 contract

Sources: Coal Supply Agreement (Patriot Coal CORP)

BTU Adjustment. The Index Based Market Price will be adjusted to reflect contract calorific value according to the following formula: Btu Adjustment = Index Based Market Price x ((12,300 12,500)/12,500)

Appears in 1 contract

Sources: Coal Supply Agreement (Patriot Coal CORP)