Billing Adjustment Sample Clauses

Billing Adjustment. If the Metering Equipment registers not more than two percent (2%) above or below the test result, it shall be deemed accurate. If the Metering Equipment registers outside of the deemed inaccurate. If inaccurate, the previous readi percentage of inaccuracy month period prior to the test in accordance with found by such test. Billings for this 3-month period shall be recalculated and the District’s account shall be credited or charged accordingly. If the Metering Equipment fails to register usage for any period, the amount of wastewater discharged during such period shall be estimated by any reasonable means agreeable to both the City and the District.
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Billing Adjustment. In the event that St. John's adjusts (whether an increase or decrease) the unit price per 1,000 gallons and/or the operation and maintenance charges related to the purchase of potable water, the following billing adjustment practice would apply:
Billing Adjustment. A-6.4. VAR Metering At LES’ option, VAR metering may be installed by LES at the Facility’s expense to measure reactive power. A-7. Billing and Payment‌‌ Once per billing month, LES shall read the billing meter(s) installed to measure energy and capacity (real and reactive, if applicable) delivered to LES from the Facility. LES shall then prepare a statement computing the amounts owed by LES for such energy. From this amount, LES shall deduct any amounts owed by the Owner of the Facility to LES for any additional interconnection, metering, and billing associated with the Facility. The billing and payment shall be in accordance with adopted LES regulations regarding such items.
Billing Adjustment. If, upon any test, any measuring equipment is found to be inaccurate by more than one percent (1%), such equipment shall be adjusted to read accurately, and the previous readings shall be corrected for such inaccuracy for any period which is definitely known and agreed upon. In case the period is not definitely known and agreed upon, then the readings shall be corrected for a period extending back one-half (1/2) of the time elapsed since the last date of calibration, not to exceed a period of thirty (30) days. If, for any reason, measuring equipment is inoperative so that the amount of Ethylene delivered cannot be ascertained, then the volume of Ethylene delivered during the period such measuring equipment is inoperative shall be estimated and agreed upon by the Parties upon the basis of the best data available by using the first of the following methods which is feasible:
Billing Adjustment. If any tests or inspections under Section 98.3 of this Agreement show either party’s Party’s measurements to be inaccurate by more than one percent, the Parties agree to correct erroneous deliveries of energy for any known or agreed periods of inaccuracy via “in-kind” payback as mutually agreed to.an offsetting adjustment shall be made in the party’s xxxxxxxx or statements for any known or agreed period of inaccuracy; in In the absence of such knowledge or agreement, the adjustment shall be limited to thirty days prior to the date of such tests. Any metering equipment found to be inaccurate by more than one percent shall be promptly replaced, repaired, or readjusted by the party Party owning such defective metering equipment. Article XARTICLE IX
Billing Adjustment 

Related to Billing Adjustment

  • Cost of Living Adjustment For each year following the Initial Term, unless the parties shall otherwise agree and provided that the service mix and volumes remain consistent as previously provided in the Initial Term, the total fee for all services shall equal the fee that would be charged for the same services based on a fee rate (as reflected in a fee rate schedule) increased by the percentage increase for the twelve-month period of such previous calendar year of the CPI-W (defined below) or, in the event that publication of such index is terminated, any successor or substitute index, appropriately adjusted, acceptable to both parties. As used herein, “CPI-W” shall mean the Consumer Price Index for Urban Wage Earners and Clerical Workers (Area: Boston-Brockton-Nashua, MA-NH-ME-CT; Base Period: 1982-84=100), as published by the United States Department of Labor, Bureau of Labor Statistics.

  • Closing Adjustments To the extent that any prorations, adjustments or other amounts with respect to the Contributed Entity or the Property shall be payable by or to the Contributors at or following each Closing in accordance with the provisions of the Master Agreement, the amount of the purchase consideration determined pursuant to Section 1.2(a) shall be adjusted accordingly, it being acknowledged and agreed by each Contributor that from and after the date hereof, (i) the Contributed Entity shall not declare, pay or otherwise make provision for any dividends or distributions and (ii) immediately prior to the Closing, in addition to any prorations, adjustments or other amounts payable by or to the Contributors with respect to the Contributed Entity or the Property, the Contributed Entity shall distribute to each Contributor receiving Securities an amount equal to the amount such Contributor would have been paid as a distribution on account of the Securities it will receive at Closing had such Securities been issued and sold to such Contributor at the Initial Closing.

  • Cost of Living Adjustments Effective December 1, 2021, Compensation Plan salary rates shall be increased by two and five tenths percent (2.5%) but not less than eighty-five dollars ($85) per month (prorated for part-time employees). Effective December 1, 2022, Compensation Plan salary rates shall be increased by three and one tenth percent (3.1%) but not less than one hundred dollars ($100) per month (prorated for part-time employees). (See Appendix C & E.)

  • Post-Closing Adjustments As soon as practicable after the Closing, but in no event later than one hundred eighty (180) days thereafter, Seller shall prepare and deliver to Purchaser a final settlement statement (the “Final Settlement Statement”) setting forth each adjustment or payment that was not finally determined as of the Closing and showing the calculation of such adjustments and the resulting Final Purchase Price. Seller shall make its workpapers and other information available to Purchaser to review in order to confirm the adjustments shown on Seller’s draft. As soon as practicable after receipt of the Final Settlement Statement, but in no event later than sixty (60) days thereafter, Purchaser shall deliver to Seller a written report containing any changes that Purchaser proposes to make to the Final Settlement Statement. Any failure by Purchaser to deliver to Seller the written report detailing Purchaser’s proposed changes to the Final Settlement Statement within sixty (60) days following Purchaser’s receipt of the Final Settlement Statement shall be deemed an acceptance by Purchaser of the Final Settlement Statement as submitted by Seller. The parties shall agree with respect to the changes proposed by Purchaser, if any, no later than sixty (60) days after Seller receives from Purchaser the written report described above containing Purchaser’s proposed changes. If the Purchaser and the Seller cannot then agree upon the Final Settlement Statement, the determination of the amount of the Final Settlement Statement shall be submitted to a mutually agreed firm of independent public accountants (the “Accounting Firm”). The determination by the Accounting Firm shall be conclusive and binding on the parties hereto and shall be enforceable against any party hereto in any court of competent jurisdiction. Any costs and expenses incurred by the Accounting Firm pursuant to this Section 12.1 shall be borne by the Seller and the Purchaser equally. The date upon which such agreement is reached or upon which the Final Purchase Price is established, shall be herein called the “Final Settlement Date.” In the event

  • Pricing Adjustments a. In the event an adjustment is made to the computation of the net asset value of Fund shares as reported to Insurance Company under paragraph 7, (1) the correction will be handled in a manner consistent with SEC guidelines and the Investment Company Act of 1940, as amended and (2) the Funds or Transfer Agent shall notify Insurance Company as soon as practicable after discovering the need for any such adjustment. Notification may be made in the following manner: Method of Communication

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