Adjustment of 4th Sample Clauses

Adjustment of 4th quarter payment and year-end balance Where applicable, the 4th quarter payment shall include: a. The 4th payment set forth in section 47.1; b. The one-time payment for the various financial compensation amounts; c. An adjustment based on the Signatory Body's actual expenses for collection and transportation services and for the management of collection containers, if applicable; d. Deductions, if any; e. Financial assistance, if any. Any correction to information provided by the Signatory Body, for which information reimbursement or compensation is owing to the Signatory Body, shall be received by ÉEQ not later than sixty (60) days after the time set forth in section 47.3. Adjustments resulting from a corrected declaration shall be made upon the 4th quarter payment for the current year. Where calculations for the 4th quarter payment of the year show that an overpayment has been made to the Signatory Body, ÉEQ shall deduct such excess amount from the 1st quarter payment of the following year, except in the final year of the contract where ÉEQ shall require a reimbursement within ninety (90) days following the contract end date, which reimbursement shall be payable by the Signatory Body within sixty (60) days of notice. 47.5 Annual adjustment 47.5.1 Annual adjustment of compensation unit rates All compensation unit rates and lump-sum amounts described in Schedule H shall be adjusted as at January 1 of each year, commencing in 2025, by multiplying the unit rate or lump-sum amount to be adjusted by the ratio between the consumer price index (“CPI”) for the current year and the CPI for the previous year. The index to be used shall be the CPI (annual average) for the whole of Quebec, published by Statistics Canada. If the ratio between the CPI for the current year and the CPI for the previous year has more than three (3) decimal places, only the first three (3) places shall be used and the third shall be increased by one place if the fourth is greater than 4. If the ratio between the CPI for the current year and the CPI for the previous year is less than one (1), the current compensation unit rates and lump-sum amounts shall not be adjusted and shall be maintained. Compensation unit rates and lump-sum amounts may only be adjusted upwards. The compensation unit rate or lump sum amount resulting from the adjustment shall be rounded to the nearest cent. 47.5.2
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Related to Adjustment of 4th

  • Adjustment of the Contract Sum shall include profit. No adjustment shall be made to the extent:

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  • Adjustment of Contract Notwithstanding any other provisions of this contract, STATE may, pursuant to Oregon law, make adjustments in the contract when major catastrophes or significant changes in state or federal law after the date of this contract materially affect the volume and value of timber, or project work to be done, as specified in the section titled, "Project Work," under the contract. Major catastrophes or events beyond the reasonable control of the parties are defined as windstorms, floods, fire, or other acts of God, or significant changes in state or federal law, which are beyond the control of PURCHASER and in no way connected with negligent acts or omissions of PURCHASER, its officers, employees, agents, or subcontractors. Market conditions shall not be considered a reason for contract adjustments. Such adjustments may be made to place the parties in their original status under the contract insofar as possible; provided, however, that any loss or cost to PURCHASER is in no way recoverable from third parties by PURCHASER and that PURCHASER make written application to STATE within 30 days after discovery of the damage done by the catastrophe. If, prior to acceptance of project work, a catastrophe (as defined above) caused by a single event results in additional project work for PURCHASER involving an additional estimated cost of more than: (1) $500 for sales less than one-half million board feet; (2) $1,000 for sales of one-half million to three million board feet; or

  • Adjustment of Price The State shall adjust the total contract price by subtracting from the total contract price an amount determined in the following manner: The State shall cause the timber sale area subject to governmental regulation or order to be measured. The State shall calculate the percentage of the total sale area subject to the governmental regulation or order. The State shall reduce the total contract price by that calculated percentage. However, variations in species, value, costs, or other items pertaining to the affected sale area will be analyzed and included in the adjustment if deemed appropriate by the State. The State will further reduce the total contract price by the reasonable cost of unamortized roads Purchaser constructed but was unable to fully use for removing timber. A reduction in total contract price terminates all of the Purchaser's rights to purchase and remove the timber and all other interest in the affected sale area.

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  • ADJUSTMENT OF COMPLAINTS Standing Committee Can Call in Members for Discussions of Grievances with the Company. (Page 261, 1946 Transcript) It is agreed that the Union Standing Committee may call in any other employee to accompany them in their meetings with Company officials. Exhibit "A"

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