Adjustment Methods Sample Clauses

Adjustment Methods. In the event of any changes in any Member’s Percentage Interest during the Calendar Year, the Manager shall take into account the requirements of Code Section 706(d) and shall have the right to select any method of determining the varying interests of the Members during the Calendar Year that satisfies Code Section 706(d), subject to the approval of the Executive Committee.
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
Adjustment Methods. The WWP intends to perform the services that it directly controls for a fixed cost (as adjusted for inflation) for the term of this Pilot Program. Costs that are beyond the control of the WWP shall be subject to an annual adjustment. Table C-7.1 contains the WWP’s annual budget targets. The WWP’s annual budget targets in the table are based upon Year 2000 budget conditions and an assumed inflation rate of 3 percent. Table C-7.2 lists the assumptions and conditions that will form the basis for annual adjustments to the WWP’s annual budget targets. Factors beyond the WWP’s control that may result in adjustments to the estimated cost are: • Influent quantity (represented by RCEs) • Septage quantity treated • High strength industrial waste quantity treated • Chemical unit prices • Electricity unit prices • Inflation • Changes in contracts for which services are purchased • Changes in fiscal policy • Uncontrollable circumstances or changes in the WWP scope of services Actions of the WWP also impact the level of revenue generated from non-rate sources. For example, the WWP operates a co-generation facility that produces electricity from digester gas and then sells the electricity to the local utility. The revenues are used to reduce the rates. Other similar revenue generating activities include the sale of biogas and biosolids program revenues. The costs associated with the generation of these additional revenues are included in the WWP’s annual budget targets. To assure that these revenues are maximized, and that operational cost savings are not achieved to the detriment of revenues, an annual adjustment will be made to WWP’s annual budget targets to reflect changes in these revenues as compared to the level of revenues in the base year. This adjustment provides the incentive to the WWP to increase operating costs if the increase can be justified by the increased revenues. Conversely, if the WWP reduces its operating costs to the detriment of revenues the WWP will not recognize a benefit because the adjustment will reduce the adjusted annual budget targets. During the term of this Pilot Program the WWP will perform its services at a cost that does not exceed the adjusted annual budget targets as determined in accordance with this attachment. Once annual performance and financial data is available to the WWP such data shall be used to calculate the adjusted annual guaranteed cost for the previous year in accordance with the following formula: • Adjusted Annual C...
Sample 1
Adjustment Methods. The Parties agree that the adjust methods shall include:
Sample 1

Related to Adjustment Methods

  • Payment Methodology The Contractor shall be compensated based on the Service Rates in Attachment for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C.1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones identified in Attachment B. The Contractor shall submit invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

  • Payment Methods A. Except as otherwise provided by this Contract, the payment method will be one or more of the following:

  • Measurement method An isolation resistance test instrument is connected between the live parts and the electrical chassis. The isolation resistance is subsequently measured by applying a DC voltage at least half of the working voltage of the high voltage bus. If the system has several voltage ranges (e.g. because of boost converter) in conductively connected circuit and some of the components cannot withstand the working voltage of the entire circuit, the isolation resistance between those components and the electrical chassis can be measured separately by applying at least half of their own working voltage with those components disconnected.

  • Settlement Method For any Option, Net Share Settlement; provided that if the Relevant Settlement Method set forth below for such Option is not Net Share Settlement, then the Settlement Method for such Option shall be such Relevant Settlement Method, but only if Counterparty shall have notified Dealer of the Relevant Settlement Method in the Notice of Final Settlement Method for such Option.

  • Adjustment Mechanism If an adjustment of the Exercise Price is required pursuant to this Section 6 (other than pursuant to Section 6.4), the Holder shall be entitled to purchase such number of shares of Common Stock as will cause (i) (x) the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant following such adjustment, multiplied by (y) the adjusted Exercise Price per share, to equal the result of (ii) (x) the dollar amount of the total number of shares of Common Stock Holder is entitled to purchase before adjustment, multiplied by (y) the total Exercise Price before adjustment.

  • Payment Method Payment shall be made by the Contractor to the Subcontractor as follows: (choose one) ☐ - Immediately upon completion of the Services to the satisfaction of the Contractor. ☐ - Within business days after completion of the Services to the satisfaction of the Contractor. ☐ - Shall be paid on a ☐ weekly ☐ monthly ☐ quarterly ☐ other

  • Procurement Method (a) Quality-Based Selection (b) Selection under a Fixed Budget

  • Settlement Method Election Date The third Scheduled Trading Day immediately preceding the First Expiration Date.

  • Payment Methods and Amounts There are limits on the amount of money you can send or receive through our Service. Your limits may be adjusted from time-to-time in our sole discretion. For certain Services, you may have the ability to log in to the Site to view your individual transaction limits. We or our Service Provider also reserve the right to select the method in which to remit funds on your behalf though the Service, and in the event that your Eligible Transaction Account is closed or otherwise unavailable to us the method to return funds to you. These payment methods may include, but may not be limited to, an electronic debit, a paper check drawn on the account of our Service Provider, or draft check drawn against your account.

  • Settlement Method Election Physical Settlement, Cash Settlement, or Net Share Settlement, at the election of Counterparty as set forth in a Settlement Notice that satisfies the Settlement Notice Requirements; provided that Physical Settlement shall apply (i) if no Settlement Method is validly selected, (ii) with respect to any Settlement Shares in respect of which Dealer is unable, in good faith and in its commercially reasonable discretion, to unwind its commercially reasonable hedge by the end of the Unwind Period (taking into account any Additional Transactions with overlapping “Unwind Periods” (as defined in the applicable Additional Confirmations)) (A) in a manner that, in the reasonable discretion of Dealer, based on advice of counsel, is consistent with the requirements for qualifying for the safe harbor provided by Rule 10b-18 under the Exchange Act (“Rule 10b-18”) or (B) in its commercially reasonable judgment, due to the occurrence of five or more Disrupted Days or to the lack of sufficient liquidity in the Shares on any Exchange Business Day during the Unwind Period, (iii) to any Termination Settlement Date (as defined under “Termination Settlement” in Paragraph 7(g) below) and (iv) if the Final Date is a Settlement Date other than as the result of a valid Settlement Notice, in respect of such Settlement Date; provided, further, that, if Physical Settlement applies under clause (ii) immediately above, Dealer shall provide written notice to Counterparty at least two Scheduled Trading Days prior to the applicable Settlement Date.

Time is Money Join Law Insider Premium to draft better contracts faster.