Common use of Gross-Up Amount Clause in Contracts

Gross-Up Amount. For any Quarterly Period during the Primary Term in which the Btu Tax is in effect, Buyer shall pay to Seller the higher of (i) the Floor Price for such Quarterly Period plus the Gross-Up Amount, and (ii) the Index Price for such Quarterly Period. QUALITY, DELIVERY PRESSURE, AND MEASUREMENT

Gross-Up Amount. For any Quarterly Period during the Primary Term in which the Btu Tax is in effect, Buyer shall pay to Seller the higher of (i) the Floor Price for such Quarterly Period plus the Gross-Up Amount, and (ii) the Index Price for such Quarterly Period. QUALITY, DELIVERY PRESSURE, AND MEASUREMENT.