Utilities Baseline Costs definition

Utilities Baseline Costs means the calculated correlating dollar amount against which any Utilities Savings are measured, determined as the total utility related fixed and variable costs assigned to utility services for Fiscal Year 2000 for the Manufacturing Plant as set out in Schedule 10.2, excluding the price volatility of utility commodities (i.e. electricity, natural gas, fuels, water, wastewater, etc.) and the volatility of product mix and volume. Any change in the Utilities Savings Baseline shall be determined and agreed upon by the Operating Committee.
View Source

Examples of Utilities Baseline Costs in a sentence

  • It is the intent of ▇▇▇▇▇▇▇▇▇-Americas to reduce the Utility costs for the Manufacturing Plant from the Utilities Baseline Costs (Schedule 10.2) throughout the Term of this Agreement.

  • In the event the Utilities Savings that are actually achieved exceed five percent (5%) from the newly established Utilities Baseline Costs as agreed to by the Compliance Committee, the amount of the Utilities Savings in excess of five percent (5%) shall be shared by * and ▇▇▇▇▇▇▇▇▇-Americas as set out in Section 10.3. Within thirty (30) days of the end of each Fiscal Year, the Compliance Committee shall confirm the amount of the actual Utilities Savings for that Fiscal Year.

  • In the event the Utilities Savings that are actually achieved exceed five percent (5%) from the newly established Utilities Baseline Costs as agreed to by the Compliance Committee, the amount of the Utilities Savings in excess of five percent (5%) shall be shared by ▇.