Diesel Fuel Adjustment Sample Clauses

Diesel Fuel Adjustment. In addition to any other adjustments provided herein, the Base Price shall also be adjusted for changes in the price of Diesel Fuel, such adjustment to be effective on the Adjustment Date (as such term is hereinafter defined). The first Diesel Fuel Price Adjustment calculation shall be applied towards shipments unloaded beginning on the Commencement Date (as defined in Section 2 above). The Diesel Fuel adjustment contemplated herein for any particular period shall be determined as follows: (1) $7.00 per ton of the Base Price applicable to that particular period shall be deemed (for purposes of this section) to be the diesel fuel component of the Base Price (herein called the “Diesel Fuel Component”); (2) Multiply the Diesel Fuel Component by the Adjustment Factor (as hereinafter defined; the resulting product is hereinafter called the “Diesel Fuel Component Adjustment”); before any adjustment to the price under this Section shall occur with respect to a particular period, the applicable PPI Factor must be greater than 1.200 or less than 0.800; (3) If the PPI Factor is greater than 1.200 or less than 0.800, then the Base Price adjusted pursuant to this section (herein called the “Adjusted Base FOB Price Per Ton”) for that particular period shall be equal to the sum of the Base Price and the Diesel Fuel Component Adjustment (note that if the PPI Factor is less than 0.800, the Diesel Fuel Component Adjustment will be negative, resulting in an Adjusted Base FOB Price Per Ton which is less than the Base Price due by the amount of the Diesel Fuel Component Adjustment. An example calculation is shown in Exhibit C. For purposes of this Section 8.4, the following terms shall have the meanings set forth below:

Diesel Fuel Adjustment shall be reinstated in its original form and shall be in full force and effect from that point forward:

Diesel Fuel Adjustment. In addition to any other adjustments provided herein, the Base Price shall also be adjusted for changes (positive or negative) in the price of on-highway Diesel Fuel, such adjustment to be effective on the first day of each month. The first Diesel Fuel Price Adjustment calculation shall be applied towards Shipments loaded beginning April 1, 2021. The Diesel Fuel adjustment contemplated herein shall be determined as follows: (1) Subtract $3.00 (herein called the “Diesel Fuel Component”) from the Base Price per Ton (the resulting difference is hereinafter called the “Balance of Price per Ton”); (2) Multiply the Diesel Fuel Component by the Diesel Fuel Adjustment

Diesel Fuel Adjustment. Previous Monthly Price (in cents per gallon) reported in EIA Retail On-Highway Diesel – All Types for Midwest PADD II