Common use of Adjustments Due to Inaccuracies Clause in Contracts

Adjustments Due to Inaccuracies. If at any test of metering equipment an inaccuracy shall be disclosed exceeding two percent, the account between the Parties for service theretofore delivered shall be adjusted to correct for the inaccuracy disclosed over the shorter of the following two periods: (i) for the thirty (30) day period immediately preceding the day of the test, or (ii) for the period that such inaccuracy may be determined to have existed. Should the metering equipment described in Section 4.04 above at any time fail to register, the electric power and energy delivered shall be determined from the check meters, if installed, or otherwise shall be determined from the best available data.

Appears in 7 contracts

Samples: Tenth Supplemental Agreement (Ipalco Enterprises, Inc.), Tenth Supplemental Agreement (Ipalco Enterprises Inc), Interconnection Agreement (Indianapolis Power & Light Co)

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