GUARANTEED LUBE OIL CONSUMPTION REVISION Sample Clauses

GUARANTEED LUBE OIL CONSUMPTION REVISION. On the first Quarter Day following the end of the first year following the last Relevant Commercial Operations Date, and every fourth Quarter Day thereafter, the results of the Spot Lube Oil Consumption Test carried out pursuant to paragraph 1.2 shall be used to modify the value of GLC as follows: If GLCn < 0.90 x SLC, GLCn+1 = 0.90 x SLC If GLCn > 1.10 x SLC, GLCn+1 = 1.10 x SLC In all other cases, GLCn+1 = GLCn Where: GLCn = The value of GLC for the year preceding the date of the Quarter Day just prior to the date of the Spot Lube Oil Efficiency Test GLCn+1 = The value of GLC for the year following the date of the Quarter Day just prior to the date of the Spot Lube Oil Efficiency Test
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