Common use of 12-Month Annual Average Clause in Contracts

12-Month Annual Average. The RRI adjustment shall be the sum of the weighted percentage change in the 12-month annual average of each RRI index number between the base year, which shall be the prior preceding Calendar Year ending December 31st and the preceding Calendar Year ending December 31st as contained in the most recent release of the source documents listed in Attachment E, (“Refuse Rate Index”) which is attached to and included in this agreement. Therefore, the first rate adjustment under this Section will be based on the percentage changes between the 12-month annual average of the RRI indices for the Calendar Year 2015 and the annual average of the RRI indices for the Calendar Year ending 2016. The RRI shall be calculated using the RRI methodology included in Attachment E.

Appears in 4 contracts

Samples: Franchise Agreement, Franchise Agreement, Franchise Agreement

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12-Month Annual Average. The RRI adjustment shall be the sum of the weighted percentage change in the 12-month annual average of each RRI index number between the base year, which shall be the prior preceding Calendar Year ending December 31st and the preceding Calendar Year ending December 31st as contained in the most recent release of the source documents listed in Attachment E, (“Refuse Rate Index”) which is attached to and included in this agreementAgreement. Therefore, the first rate Rate adjustment under this Section will be based on the percentage changes between the 12-month annual average Annual Average of the RRI indices for the Calendar Year 2015 2014 and the annual average Annual Average of the RRI indices for the Calendar Year ending 20162015. The RRI shall be calculated using the RRI methodology included in Attachment E.

Appears in 2 contracts

Samples: Franchise Agreement, Franchise Agreement

12-Month Annual Average. The RRI adjustment shall be the sum of the weighted percentage change in the 12-month annual average of each RRI index number between the base year, which shall be the prior preceding Calendar Year ending December 31st and the preceding Calendar Year ending December 31st as contained in the most recent release of the source documents listed in Attachment E, (“Refuse Rate Index”) which is attached to and included Included in this agreement. Therefore, the first rate adjustment under this Section will be based on the percentage changes between the 12-month annual average of the RRI indices for the Calendar Year 2015 2017 and the annual average of the RRI indices for the Calendar Year ending 2016. The RRI shall be calculated using the RRI methodology included Included in Attachment E.

Appears in 1 contract

Samples: Franchise Agreement

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12-Month Annual Average. The RRI adjustment shall be the sum of the weighted percentage change in the 12-month annual average of each RRI index number between the base year, which shall be the prior second preceding Calendar Year ending December 31st and the preceding Calendar Year ending December 31st as contained in the most recent release of the source documents listed in Attachment E, (“Refuse Rate Index”) which is attached to and included in this agreement. Therefore, the first rate adjustment under this Section will be based on the percentage changes between the 12-month annual average of the RRI indices for the Calendar Year 2015 2017 and the annual average of the RRI indices for the Calendar Year ending 2016. The RRI shall be calculated using the RRI methodology included in Attachment E.

Appears in 1 contract

Samples: Franchise Agreement

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