Common use of Adjustment Schedule Clause in Contracts

Adjustment Schedule. 3.1 If the Uptime Percentage specified in Schedule 3(a) is not achieved for System Uptime, then the specified future contract reduction will be applied to all payments due during the next Uptime Measurement Period (one (1) year) for the System that did not achieve the Uptime Percentage. Schedule 3(a): Agreement Payment Adjustment Schedule for System.

Adjustment Schedule. 3.1 If the Uptime Percentage specified in Schedule 3(a) is not achieved for System Uptime, then the specified future contract reduction will be applied to all payments due during the next Uptime Measurement Period (one (1) year) for the System that did not achieve the Uptime Percentage. Schedule 3(a): Agreement Payment Adjustment Schedule for System.