QAL REVENUES

QAL REVENUES. Means the revenues generated during the period from July 1, 2004 through the QAL Closing from the sale by KAII to third parties at actual realized prices of 5 (a) KAAC's alumina sourced from QAL and (b) Replacement Alumina. Sales under (a) and (b) shall equal 100% of the QAL alumina sold. Sales under (a) and changes in inventory at QAL shall equal 100% of KAAC's share of QAL production during the period from July 1, 2004 through the QAL Closing. See... Exhibit F for an illustrative example. View More