Define: Fuel Expenses

How is Fuel Expenses defined in a legal contract?

• Fuel Expenses means the planned amounts for every fuel cost, including the costs of fuel supply, transport, exchange, and storage. This cost is necessary for a [facility] to produce its Base Output. These costs will take into account possible increases in price for the projected period. The budgeted Fuel Expenses will include assumptions about coal price per ton, the plant's average consumption rate, coal quality, heat content, and similar assumptions related to oil. Seen in 4 SEC filings
• Fuel Expenses means the total of all expenses related to the procurement of gas for a [facility]. The expenses accrued during the previous month and must be paid in the current month. Seen in 1 SEC filing
• Fuel Expenses means any cost, loss, liability, claim, or charge associated with sourcing, storing, inventorying, handling, balancing, and distributing fuel for the [facilities]. This includes the average cost of reagents, emissions allowances, and other associated costs. However, these Fuel Expenses exclude costs of fuel that have been capitalized under applicable accounting rules. Seen in 1 SEC filing
• Fuel Expenses means any payment required under any Fuel Supply Agreements, Fuel Transportation Agreements, or other contracts relating to the sourcing natural gas, electricity, or any other energy requirement and its associated services for a [facility]. Seen in 1 SEC filing
• Fuel Expenses means the cost of providing and transporting fuel to a [project] during any time period. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of fuel expenses' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Fuel Expenses means planned costs for sourcing, transporting, storing, and using fuel for a [facility].

Relevant Contract Types

• Supply Contract
• Service Contract
• Lease Agreement
• Operating Agreement

Relevant Circumstances

• Setting up a new manufacturing unit
• Renting or leasing equipment that requires fuel usage
• Outsourcing transportation or logistic services

Relevant Sectors

• Manufacturing
• Energy
• Construction
• Transportation

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Genie Definition 2

• Fuel Expenses means payment obligations under Fuel Supply and Transportation Agreements for a [facility].

Relevant Contract Types

• Fuel Supply Contract
• Transportation Agreement
• Facility Operations Agreement

Relevant Circumstances

• Setting up long term fuel supply agreements
• Entering a new fuel transportation agreement
• Outlining operational costs for a facility that uses fuel

Relevant Sectors

• Energy
• Manufacturing
• Logistics

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