Fuel Adjustment. The Fuel Adjustment shall be based on the price index by the DOE. Adjustment shall be based on the most recent price as of January 1st and change from the previous January 1st for Diesel Fuel (cents per Gallon), U.S. Upon approval by City Council, the annual rate adjustment shall not exceed five percent (5.00%) per year. If an annual rate adjustment is approved by Council, the Inflation Adjustment shall equal eighty-five percent (85.00%) and the Fuel Adjustment shall equal fifteen percent (15.00%) of the Annual Rate Adjustment.
Fuel Adjustment. The parties acknowledge that it is difficult to project the future cost of fuel during the term of this Agreement. Accordingly, the parties agree to adjust the hourly rate to reflect an increase or decrease in the cost of fuel as calculated below and in accordance with Exhibit A hereto. Each month Corporate Air shall prepare a Fuel Purchase Summary, a sample of which is attached as part of Exhibit A. This report will identify the Combined Average Cost of Fuel per Gallon (hereinafter CACFG) over the last month. The average cost includes fuel purchased and reflects the underlying cost of the product, any flowage fee, federal excise taxes, and a fixed margin charged by Corporate Air. The parties agree to track the change in the CACFG during the term of the Agreement beginning with February 2006. In the event the CACFG as reflected in the most current Fuel Purchase Summary increases or decreases by at least $1.00 per gallon then the parties agree to adjust the hourly rate effective the 1st day of the month subsequent to the month covered by the Fuel Purchase Summary in accordance with Exhibit A. The adjustment will be calculated based on a fuel consumption rate of 500 gallons per hour multiplied times the increase or decrease in the CACFG as illustrated Exhibit A. Corporate Air shall also provide DSG the detail of any calculation of the Fuel Purchase Summary it reasonably requests.
Fuel Adjustment. Customer shall pay a fuel surcharge, if applicable, in accordance with the chart set forth below. The base fuel price is $ *** per gallon. The "weekly retail on highway diesel" national average fuel price will be monitored using the EIA weekly report, which can be accessed at xxxx://xxxxx.xxx.xxx.xxx/oog/info/wohdp/diesel.asp. An adjustment to the fuel surcharge will be made based on a monthly review (the "Review Period") of the diesel fuel price. The surcharge shall be based on the average diesel fuel price from the preceding 4-week period (5-weeks in one month per quarter) (the "Indexed Fuel Price"), and implemented at the beginning of each calendar month. The fuel surcharge may be increased or decreased according to the chart set forth below. Adjustments will be applied or removed as of each Review Period. *** Portions of this page have been omitted pursuant to a request for Confidential Treatment filed separately with the Commission. Index Fuel Price Surcharge Per Delivery * ** ***
Fuel Adjustment. Effective January 1, 1996 and throughout the term of this agreement, Mesaba shall submit to Northwest a monthly reconciliation of its cost per gallon of into-plane aircraft fuel. Northwest shall reimburse Mesaba for all into-plane fuel costs incurred by Mesaba in excess of * and Mesaba will reimburse Northwest (through a set-off from revenue wire transfers to Mesaba) for all into-plane fuel costs of less than * based on actual monthly usage. Xxxxxx agrees to pay Northwest a fee of * /month for services related to fuel administration provided by Northwest during the term of this agreement. * *
Fuel Adjustment. 1. Contract prices are based on the price of diesel fuel on April 17, 2023 per the US DOE New England PADD 1A: $4.540. The Contractor’s percentage of the collection cost associated with transportation fuel is 10.4%. A fuel charge and fuel credit will be based on this percentage only.
Fuel Adjustment. A fuel adjustment will be made based on changes from the fuel prices in effect on the date of this Agreement, based on the OPIS Benchmark (xxx.xxxxxxx.xxx) as follows: Greyhound’s OPIS price per gallon at the time of this bid XXXXX1 Region and Date of OPIS Price Denver Fleet Miles Per Gallon of Fuel 6.7 During the term of this Agreement, Greyhound will apply an adjustment in the monthly and per trip rates based on the increase or decrease in the OPIS average price per gallon. These adjustments will take place in arrears, every six months following commencement of the Services. Formula for calculating the differential cost is: (six months commutative route miles operated) / (fleet miles per gallon) X (differential in fuel cost). For each six-month fuel adjustment, Greyhound shall provide Great Lakes with a written explanation of the components and calculation of the fuel adjustment. The calculated amount would either result in an additional invoice for added fuel costs or a refund for fuel cost reductions. 1 Material omitted pursuant to a request for confidential treatment. Omitted material has been filed separately.
Fuel Adjustment. In addition to any other amounts payable under this Agreement, Shipper shall furnish to Transporter an amount equal to [omitted - confidential] of Gas received at the Receipt Point(s) for fuel use for transportation.
Fuel Adjustment. In the event that the average cost of diesel fuel for a period beginning August 1st and ending October 30th exceeds four and 25/100 dollars ($4.25) per gallon (hereinafter refereed to as “Fuel Threshold”) after January 1, 2012, (hereinafter referred to as the “Fuel Expense Increase”), the Contractor may, at any time after the verification of said fuel Expense Increase, provide the Village with a written request for an increase in the monthly charges for collection, removal and disposal of municipal waste, recyclables and yard waste imposed hereunder (hereinafter the ‘Fuel Request”) effective on January 1st. Any such Fuel Request shall be in writing and shall provide, in detail, the following information:
Fuel Adjustment addressed above.
Fuel Adjustment. If there is presently in effect or hereafter adopted any nature of fuel adjustment, notwithstanding anything in this Lease Agreement to the contrary, Tenant covenants and agrees to pay to Landlord, upon delivery of written notice in the manner provided in Section 19.01 hereinbelow, as additional rent, on the first day of each calendar month, for each and every month in the term of this Lease, in lawful money of the United States of America, an amount equal to Tenant's pro rata share of all fuel adjustment costs charged by any private, public or municipal corporation furnishing utilities to the Building for the preceding month. Tenant's pro rata share of such fuel adjustment costs shall be a fraction of the total of such costs, the numerator of which shall be the Net Rentable Area of the Leased Premises and the denominator of which shall be the total Net Rentable Area of the Building.
