Fuel Cost Adjustment. 7.1 The following terms when used herein shall have the meanings specified:
Fuel Cost Adjustment. In addition to the SWU Price, and other expenses, fees or charges that USEC may invoice under Sections 6.3, 8.1, 8.3, 8.4, 8.5 and 8.6 and the other Articles of this Agreement (such as Article 13), Customer shall also pay the following:
Fuel Cost Adjustment. The Parties intend that Tops will pay the actual delivered cost of fuel, exclusive of any financial hedging that C&S may undertake for its own account. Each Approved Budget will reflect a budgeted fuel cost based on the best information available to the Parties with respect to the then applicable rates and consumption estimates. The Parties will then update and/or adjust the fuel cost from such Approved Budget as necessary pursuant to the Flex Budget process.
Fuel Cost Adjustment. For purposes of this Section 3.2(d)(i), the Base Cost of Fuel is as set forth on Schedule 3.2(d)(i). The Base Cost of Fuel is calculated as set forth on Schedule 3.2(d)(i). Within * of the end of each Contract Quarter, C&S shall calculate the cost of fuel for such Contract Quarter (the "Quarterly Fuel Cost") in the same method as set forth on Schedule 3.2(d)(i) and shall either bill A&P if the Quarterly Fuel Cost is more than the Basx Xxst of Fuel or credit A&P if the Quarterly Fuel Cost is less than the Base Cost of Fuel calculated as follows: * . The Stop Fee Fuel Component for Facilities and C&S Facilities shall be calculated as part of the calculations done pursuant to Section 3.2(b)(ii). For example, if * .
Fuel Cost Adjustment. The Baseline Energy Prices as set forth in section 3 above of this agreement are subject to the TVA Fuel Cost Adjustment (FCA) as calculated under Exhibit B, attached hereto and hereby incorporated herein. The FCA shall mean the per-MWh amount by which the Baseline Energy Prices under section 3 above of this agreement are increased or decreased from time to time in accordance with the formula designed to reflect changes in TVA’s fuel costs, purchased power costs, and related costs as shown in Exhibit B. It is recognized that TUm (as defined in Exhibit B) has a lag integrated into the formula and that unless otherwise agreed between the parties, any such amount shall remain an obligation even though the payment of the bxxx for power taken during May of 2007 has been made.
Fuel Cost Adjustment. In addition to the rate adjustments provided for in the Modification to Rates, Authority shall pay Contractor any amount above $5.00 per gallon for fuel consumption.
Fuel Cost Adjustment. Fuel Cost Adjustment is defined in Section 6.3.
Fuel Cost Adjustment. From and after October 1, 2021, the parties shall meet on each October 1 and April 1 following to determine whether a fuel cost adjustment may be made, as a result of changes in diesel fuel prices for the period ending for the immediately preceding six-month period. A fuel adjustment shall be made when diesel fuel costs have exceeded 120% of the Base Fuel Rate of $2.934 (U.S. EIA Gulf Coast [PADD3] U. S. On-Highway Diesel Fuel Prices [dollars per gallon] reported 04/05/21) when compared to the average of diesel fuel prices reported in the Gulf Coast Regional Index for the same six-month period. The adjustment shall be calculated using the average diesel fuel price in excess of 120% of the Base Fuel Rate times the number of gallons used to transport solid waste from the transfer station to the landfill. The adjustment of the applicable rate charged shall reflect a material change in Base Fuel Rate, which shall be defined as a twenty percent (20%) or greater increase or decrease in the average cost of diesel fuel from the preceding six-month period. Such adjustment shall be handled as follows:
Fuel Cost Adjustment. The normal range of the price of fuel for the purposes of this Agreement is $3.30 to $4.30 per gallon of diesel. In the event the average monthly retail price for diesel fuel in Northern California falls below $3.30 per gallon or rises above $4.50 per gallon, a fuel cost adjustment (FCA) shall be calculated into the hourly rate of compensation on a bi-monthly basis as follows: In billing periods where the average price of diesel fuel is above $4.30/gallon: (A – $4.30) * 3.75 = FCA added to hourly rate specified above. In months where the average price of diesel fuel is below $3.30/gallon: ($3.30 – A) * 3.75 = FCA subtracted from hourly rate specified above. Where “A” is the average monthly cash price for diesel fuel in Northern California, based on either the Sacramento, California average as reported on the AAA website: xxxxx://xxxxxxxxx.xxx.xxx/?state=CA or Northern California average as reported on the California Energy Commission website at: xxxxx://xxx.xxxxxx.xx.xxx/data-reports/energy-almanac/californias-petroleum-market; and 3.75 is a factor approximating the average number of gallons of fuel consumed or used per hour of operation for one truck.
Fuel Cost Adjustment. Contractor shall furnish all fuel to be used in its performance of this agreement with copies of invoices to be provided to the district monthly. Contractor's "Base Fuel Cost" shall be $2.50 per gallon (gasoline or diesel) exclusive of applicable federal gasoline taxes. The Contractor's invoice shall include an adjustment for increases or decreases in fuel costs as specified in Bus Transportation Specifications and Conditions, Section 7.4, Exhibit B.
