Adjustment of Bond Amounts Sample Clauses

Adjustment of Bond Amounts. (a) On each Adjustment Date the Bond Amounts are to be adjusted to the Revised Bond Amount as determined in accordance with the following formula: RBA = BA x A where: RBA is the Revised Bond Amount applicable from the relevant Adjustment Date; BA is the Bond Amount that is current on the relevant Adjustment Date; A is the CPI published immediately before the relevant Adjustment Date; Draft B is the CPI published immediately before the date of this Deed and, in the case of subsequent adjustments, the immediately preceding Adjustment Date. No increase or other change will be made to the Revised Bond Amount where B is greater than A or where the Revised Bond Amount is less than 10 per cent of the Required Face Value.
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Adjustment of Bond Amounts. (a) On each Adjustment Date the Bond Amounts are to be adjusted to the Revised Bond Amount as determined in accordance with the following formula: RBA = BA x A where: RBA is the Revised Bond Amount applicable from the relevant Adjustment Date; BA is the Bond Amount that is current on the relevant Adjustment Date; A is the CPI published immediately before the relevant Adjustment Date (and in the case of the first adjustment, 30 June 2012); B is the CPI published immediately before the date of this Deed and, in the case of subsequent adjustments, the immediately preceding Adjustment Date. No increase or other change will be made to the Revised Bond Amount where B is greater than A or where the Revised Bond Amount is less than 10 per cent of the Bond Amounts.

Related to Adjustment of Bond Amounts

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  • Calculation of Charges Contractor shall provide an invoice to the City on a monthly basis for goods delivered and/or Services completed in the immediate preceding month, unless a different schedule is set out in Appendix B, “Calculation of Charges.” Compensation shall be made for goods and/or Services identified in the invoice that the City, in his or her sole discretion, concludes has been satisfactorily performed. In no event shall the amount of this Agreement exceed [insert whole dollar amount in numbers and words -- no pennies and no “.00”]. The breakdown of charges associated with this Agreement appears in Appendix B, “Calculation of Charges.” A portion of payment may be withheld until conclusion of the Agreement if agreed to by both Parties as retainage, described in Appendix B. In no event shall City be liable for interest or late charges for any late payments. City will not honor minimum service order charges for any services covered by this Agreement.

  • Calculation of Liquidation Amount Upon the occurrence of a Liquidation Date:

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