Fuel Index means the index as published in Gas Daily—"Midpoint, Chicago-LDCs, Large e-us"—for the day of Energy delivery to Buyer. If this index ceases to be published the Parties shall select a mutually agreeable substitute index designed to track the market price of gas in the Chicago area for large end users for next day service.
Fuel Index as used herein shall be the Lower Atlantic (PADD IC) No.2 Diesel Ultra Low Sulfur (0-15 ppm) Retail Sales by All Sellers (Cents per Gallon), published by the US Department of Energy, Energy Information Administration. In the event the US. Department of Energy, Energy Information Administration ceases to publish the fuel prices, the parties hereby agree to substitute another equally authoritative measure of change in the purchasing power of the US dollar as may be then available. "Hazardous Waste" means Solid Waste or a combination of Solid Wastes, (even though it may be part of delivered load of waste), which, because of its quantity, concentration, or physical, chemical, or infectious characteristics, may cause, or significantly contribute to, an increase in mortality or an increase in serious irreversible or incapacitating reversible illness or may pose a substantial present or potential hazard to human health or environment when improperly transported, disposed of, stored, treated, or otherwise managed. Hazardous Waste shall include all such waste as defined by the Rules of the Florida Department of Environmental Protection Chapter 62-730 F.A.C., or 40 Code of Federal Regulations 261, or both, as either or both may be amended from time to time and to the extent either or both is applicable to the Disposal of waste in Florida. Hazardous Waste is not intended to include de minimus amounts of household hazardous wastes as defined by F.A.C. 62-701.100.
Fuel Index means the average of the twelve average monthly OPIS indexes beginning with February of the Financial Year and ending with January of the subsequent Financial Year as set forth by the OPIS Standard Diesel Rack Prices (CARB OPIS average for San Francisco), established on the web site (xxxx://xxxxxxx.xxx) Current Year Fuel Index: the Fuel Index beginning in February of the Financial Year that precedes the year the Rate Year begins. Prior Year Fuel Index: the Fuel Index that begins one year prior to the Current Year Fuel Index. Fuel Related Expenses: all Fuel Related Expenses are to be adjusted using the Fuel Index. The initial Fuel Index for the 2007 Rate Year was based upon a one-time 2003 Base Year adjustment. For purposes of computing the Fuel Related Expenses for Operating Period of July 1, 2013 to June 30, 2014 the average of the twelve average monthly OPIS indexes will become effective. IOCR: IOCR has the meaning set forth at Section 18.3(b) of this Agreement Initial Year CDP Budget Expenses: CONTRACTOR will provide a detailed proposed budget for the initial year of operations of the CDP. The AGENCY shall review and comment on the proposed initial CDP budget and the parties shall agree on an Initial Year CDP Budget. The Budget will be adjusted as provided at Section V. (a), below. Major Allowable Expenses: are limited to Wages and Related Benefits (excluding officer’s salaries and benefits), Depreciation, and New Programs/Modifications. Major Allowable Expenses include: Wages and Related Benefits: salaries and benefits (including AGENCY approved "profit sharing" retirement plans not including Officers Salaries and Benefits) as paid to employees of CONTRACTOR and payroll taxes paid on such. Benefits include fees associated with group insurance and xxxxxxx’x compensation. Depreciation on CONTRACTOR Owned Assets: expenses related to depreciation of all owned assets of CONTRACTOR including AGENCY Approved CDP Depreciable Assets but excluding CDP Non-Depreciable Assets as calculated, using an actual or historical cost, on a straight-line depreciation basis. Vehicles shall be determined to have a useful life of five (5) years for depreciation purposes. All other assets owned by CONTRACTOR , excluding structures and leasehold improvements, shall have their useful life determined upon purchase or renovation, in accordance with generally accepted accounting principles. Structures and leasehold improvements shall be determined to have a useful life of thirty (30...
Examples of Fuel Index in a sentence
Compensation adjustments will be assessed monthly for the cost of the motor fuels and burner fuels whenever the Current Fuel Index (CFI) is outside the given threshold of the Base Fuel Index (BFI) for the Contract.
The Base Fuel Index (BFI) price for motor fuels and burner fuel to be used in the Contract will be the average wholesale price for the month prior to the bid opening.
Compensation adjustments will be assessed for the cost of the motor fuels and burner fuels whenever the Current Fuel Index (CFI) is outside the range of 85 percent to 115 percent of the Base Fuel Index (BFI).
The Current Fuel Index (CFI) price for motor fuels and burner fuel to be used for each monthly adjustment will be the average wholesale price for the month prior to the adjustment month.
If the combustion turbine accepted for RMR Service can operate separately from the steam turbine, and only the combustion turbine is accepted as an RMR Unit, the RMR energy price will be reduced by the value of the combustion turbine’s waste heat calculated at the Fuel Index Price (FIP), except when the steam turbine is Off-Line.
More Definitions of Fuel Index
Fuel Index means in relation to a Generating Unit, the index of fuel prices agreed or determined for that Generating Unit under paragraph 2.3 and Section 2 of Schedule 5;
Fuel Index means the Statistics Canada “Diesel Fuel, British Columbia (v 53434494)” – Table 2-19 Industrial Product Price Indexes, by commodity and commodity aggregations – Petroleum and coal products;
Fuel Index as used herein shall be the Lower Atlantic (PADD IC) No.2 Diesel Ultra Low Sulfur (0-15 ppm) Retail Sales by All Sellers (Cents per Gallon), published by the US Department of Energy, Energy Information Administration. In the event the US. Department of Energy, Energy Information
Fuel Index means the Producer Price Index‐Commodities for #2 Diesel Fuel compiled and published by the BLS, using the following parameters: Not Seasonally Adjusted Group – Fuels and Related Products and Power Item – #2 Diesel Fuel Base Date – 8200 Series Identification Number – WPU057303
Fuel Index means the per-term price for Core Natural Gas Service for Compression on Customer’s Premises, Schedule G-NGV1, compiled and published by the Pacific Gas and Electric Company Analysis and Rate Department and reported monthly in its “Gas RateFinder” publication (xxxx://xxx.xxx.xxx/tariffs/GRF.SHTML). The January 2021 Fuel Index is $_____ per term, which reflects the sum of the customer charge, procurement charge, transportation charge, and public purpose program (PPP) charge for natural gas service for compression on customer’s premises as reported by Pacific Gas and Electric Company. {Note to proposer: We recognize that this is a Northern California index and welcome recommendation for a replacement index.}
Fuel Index means the annual average of the diesel fuel price index for British Columbia published by Statistics Canada (Statistics Canada Table 3290047) in respect of a Contract Year or, if not available, of such other similar index agreed between the parties as the most appropriate index for the purposes of this Payment Mechanism or, failing agreement within 21 days, as determined pursuant to the Disputes Resolution Procedure.
Fuel Index means, for any day, the Midpoint daily price index for deliveries on such day for the Chicago city gate, large end users, as published in Energy’s Gas Daily. If the Fuel Index ceases; to exist, becomes unavailable, is not published for a period of at least ten (10) days or is changed so that it is intended to measure something materially different from the average daily prices for gas delivered to large end users at or near the Fuel Delivery Point, the Parties shall negotiate in good faith to agree upon a new index that reasonably measures average daily prices for natural gas delivered to large end users at or near the Fuel Delivery Point. If the Parties do not agree that an alternate index is appropriate or are unable to agree upon an alternate index, within (30) days after a written request by a Party therefor, then a Party may refer the matter to arbitration in accordance with Section 16.9. The arbitrator shall be required to select a replacement alternate index that most reasonably measures average daily prices for gas sold and delivered to large end users at or near the Chicago city gate.