Common use of Expected Value Clause in Contracts

Expected Value. The expected value of a shipment of Product (Expected Value) is calculated by multiplying the price (as detailed in Schedule 1) by the Base Quantity (expressed in DMT) for that shipment (as detailed in Schedule 1).

Appears in 2 contracts

Sources: Sales Contract (El Capitan Precious Metals Inc), Sales Contract (El Capitan Precious Metals Inc)

Expected Value. The expected value of a shipment of Product (β€œExpected Value”) is calculated by multiplying the provisional price (as detailed in Schedule 1) by the Base Quantity (expressed in DMT) for that shipment (as detailed in Schedule 1).

Appears in 1 contract

Sources: Contract (Alderon Iron Ore Corp.)