Adjustment of Hourly Rates Sample Clauses

Adjustment of Hourly Rates. 3.1 Network Rail shall adjust the Hourly Rates to reflect any rate review agreed between Network Rail and the XXX, or in the absence of such rate review, annually on 1 April by the increase in the retail price index for the year ending the preceding November.
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Adjustment of Hourly Rates. Network Rail shall adjust the Hourly Rates to reflect any rate review agreed between Network Rail and the XXX, or in the absence of such rate review annually on 1 April by the increase in the retail price index for the year ending the preceding November. Where Network Rail identifies opportunities for delivering the Services for a lower cost by using Network Rail's Personnel for whom lower hourly rates apply, Network Rail will use reasonable endeavours to deliver the Services through such Network Rail’s Personnel. In such cases, the hourly rate applicable to such Network Rail’s Personnel shall apply.
Adjustment of Hourly Rates. 4.1 Network Rail shall adjust the Hourly Rates annually on 1st April to reflect the increase in the Retail Price Index for the year ending the preceding November.
Adjustment of Hourly Rates. 4.1 Network Rail may adjust the Hourly Rates from time to time as necessary to reflect actual changes in salary bands and other employment conditions that are made in accordance with Network Rail's personnel policies and salary plans.
Adjustment of Hourly Rates. The Hourly Rates for Engine off-wing scheduled maintenance are computed on the basis of 1.7

Related to Adjustment of Hourly Rates

  • Adjustment of Conversion Rate The Conversion Rate shall be adjusted from time to time by the Company if any of the following events occurs, except that the Company shall not make any adjustments to the Conversion Rate if Holders of the Notes participate (other than in the case of (x) a share split or share combination or (y) a tender or exchange offer), at the same time and upon the same terms as holders of the Common Stock and solely as a result of holding the Notes, in any of the transactions described in this Section 14.04, without having to convert their Notes, as if they held a number of shares of Common Stock equal to the Conversion Rate, multiplied by the principal amount (expressed in thousands) of Notes held by such Holder.

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