Annual Adjustment definition

Annual Adjustment means either a credit to MEMBER for the over-collection of funds, or a charge to MEMBER for under-collection of funds, related to Power Project settlements, if applicable. For those MEMBERS that participate in SHP, the Annual Adjustment shall also include (i) adjustments related to the loss factor for each specific ERCOT zone and (ii) adjustments related to load reconciliation as determined by TCAP, the Energy Manager and the REP.

Annual Adjustment for any given year means an amount equal to the product of (i) the Base Salary for the immediately preceding year times (ii) the applicable CPI Multiplier; and

Annual Adjustment shall have the meaning specified in Section 12.2.

Examples of Annual Adjustment in a sentence

• The changes in rent as a result of the adjustment can- not exceed the amount established by multiplying the Annual Adjustment Factor by the base rents.

• However, if the amounts borrowed to finance the rehabilitation costs or to finance pur- chase of the property are subject to a variable rate or are otherwise renego- tiable, Contract Rents may be adjusted in accordance with other procedures as prescribed by HUD, and specified in the Contract, provided that the adjusted Contract Rents cannot exceed the rents established by multiplying the Annual Adjustment Factor by the Contract Rents.

• The adjusted amount for expenses shall not exceed the result of applying the appropriate Section 8 Existing Housing Annual Adjustment Factor (24 CFR part 888) most recently published by HUD in the FEDERAL REGISTER to the appropriate expense base in effect under the lease prior to this adjust- ment.

• The HUD Field Office will publish appropriate notice of the establishment of any such revised Automatic Annual Adjustment Factors.

• For any year during the period from October 1, 1979 to May 31, 1991, where a HUD field office pub- lished a revised Annual Adjustment Factor that replaced the applicable AAF for a specific locality under 24 CFR 888.204, the revised Annual Adjust- ment Factor, which applied to all projects in that area, will be used to re- calculate the total rent adjustment under paragraph (a) of this section, and to establish the amount of the retro- active payments.

More Definitions of Annual Adjustment

Annual Adjustment means (a) with respect to Minimum Rent, the product of (i) the amount of the Minimum Rent then in effect and (ii) ____ percent (____%) of any Percentage Increase in CPI; (b) with respect to each of the Annual Room Revenues First Break Point, the Annual Food and Beverages Sales First Break Point, and the Annual Other Income Break Point, the product of (i) the amount of each such break point then in effect and (ii) the weighted average resulting from the sum of _____ percent (_____%) of any Percentage Increase in CPI plus ____ percent (___%) of any Percentage Increase in the Labor Index; and (c) with respect to the Annual Food and Beverages Sales Second Break Point and the Annual Room Revenues Second Break Point, the product of (i) the amount of each such break point then in effect and (ii) _____% of the figure calculated in subsection (b)(ii) above.

Annual Adjustment has the meaning set forth in Section 6.5(c). “Bank Accounts” has the meaning set forth in Section 6.3(a).

Annual Adjustment means an annual increase by the percentage by which the Consumer Price Index, as published by the United States Department of Labor for all urban consumers or its successor publication, for the year immediately prior to the year in which the fee is being imposed exceeds the Consumer Price Index for the calendar year 1989.

Annual Adjustment means Itron’s standard price increase.

Annual Adjustment or “AADJ” means the annual adjustment element of the Franchise Payment (if any) calculated in accordance with the provisions of paragraph 3 of Appendix 1 (Calculation of Periodic Franchise Payments (PFP)) to Schedule 8.1B (Franchise Payments);

Annual Adjustment means Itron’s annual price increase.

Annual Adjustment has the meaning specified in Section 5.1(h).