Annual Fee Adjustments. The fees stated in Section 2.1 (for Dedicated Firm Shippers) and Section 2.2 (for Non-Dedicated Shippers) will be adjusted each July 1 (“Annual Adjustment”) in accordance with FERC indexing methodology as described in 18 C.F.R. § 342.3, subject to the following qualifications.
2.3.1. In a given index year (July 1 through June 30), Carrier’s maximum annual fee adjustment shall be the lesser of (a) the generally applicable index adjustment as published by FERC for that given index year and (b) 3%.
2.3.2. In the event that application of the generally applicable index adjustment as published by FERC for a given index year would result in a rate decrease, Carrier shall not be required to decrease its rates by more than 3%.
2.3.3. Any such rate adjustment shall be prorated for the first index year Carrier is in service, by multiplying (i) the lesser of the index adjustment or 3% by (ii) a fraction, the numerator of which is the number of Days between the commencement date under the applicable Shipper Agreement and June 30 of the index year and the denominator of which is 365. The Gathering Fee, the Unloading and Transportation Fee, and the Priority Capacity Rate shall never be lower than the rate under this Tariff.
Annual Fee Adjustments. Except as otherwise set forth in a Client Order, any fees payable by Client may be increased annually by the lesser of (i) ten percent (10%) and (ii) the sum of (a) five percent (5%) plus (b) the percentage increase in the U.S. Consumer Price Index (the “CPI”), for the most recently completed 12-month measurement period. Altera may also increase fees in an amount equal to any charges imposed by third parties for Third Party Software
Annual Fee Adjustments. A provision shall be included in the fee resolutions or ordinances adopted by AGENCIES pursuant to this Agreement, requiring automatic annual fee increases or decreases, effective July 1 of each year after 2019, based on the annual percentage change in the Engineering News-Record Construction Cost Index for the San Francisco Bay Area for the 12-month period ending with the February index of the same calendar year. WCCTAC will calculate the annual percentage increase in the STMP fee and notify all AGENCIES of this change. Each AGENCY shall be responsible for implementing this annual change in the STMP Fee.
Annual Fee Adjustments. All fees accrued by the City shall remain fixed from the execution of the Agreement through December 14, 2021 except as provided in this Agreement. On December 15, 2021 and every December 15 thereafter for the term of the Agreement, the Processing Fee may be adjusted, increased or decreased, according to the most recent CPI-All Urban Consumers, Unadjusted 12 months ended November, Item: All Items, according to this section. The fee adjustment shall not exceed five percent (5.00%) per year. Fees shall not be adjusted other than explicitly authorized in the Contract.
Annual Fee Adjustments. Except as otherwise set forth in a Client Order, any fees payable by Client may be increased annually, by the percentage increase in the U.S. DOL, Bureau of Labor Statistics Employment Cost Index for total compensation for private industry workers (not seasonally adjusted), for the Professional, Scientific and Technical Services group (the “ECI”), for the most recently completed 12-month measurement period. Allscripts may also increase fees in an amount equal to any charges imposed by third parties for Third Party Software.
Annual Fee Adjustments. The Base Fee and any applicable Miscellaneous Fees including without limitation the Expansion Fee may be adjusted annually during the term of this Agreement, effective July 1 for the prospective twelve-month annual period ending June 30, the first prospective annual period beginning July 1, 2020, by multiplying the rate in effect on June 30 immediately prior to the annual period to which the adjustment shall apply by the index published by the FERC pursuant to Section 342.3(d) of the oil pipeline rate regulations of the FERC, but shall never be less than the Base Fee set forth in Exhibit "E".
Annual Fee Adjustments. The Base Fee, Meter Fee, Compression Fee, and Expansion Fee components of the Gas Gathering Fees may be adjusted annually during the term of this Agreement, for the prospective calendar year, the first prospective calendar year being 2020, based on the percentage change in the annual average in the "Consumer Price Index for All Urban Consumers (CPI-U) : U.S. city average - All items" which occurred in the preceding calendar year as published by the United States Department of Labor, Bureau of Labor Statistics for the previous calendar year, but shall never be less than the Base Fee, Meter Fee or Compression Fee, as applicable, set forth in Exhibit "E''.
Annual Fee Adjustments. The Base Fee, Meter Fee, and any applicable Miscellaneous Fees, including without limitation the Expansion Fee, components of the Water Gathering Fees may be adjusted annually during the term of this Agreement, for the prospective calendar year, the first prospective calendar year being 2020, based on the percentage change in the annual average in the "Consumer Price Index for All Urban Consumers (CPI-U): U.S. city average -All items" which occurred in the preceding calendar year as published by the United States Department of Labor, Bureau of Labor Statistics for the previous calendar year, but shall never be less than the Base Fee or Meter Fee, as applicable, set forth in Exhibit "E".
Annual Fee Adjustments. Thorndale Farm shall provide in writing no later than November 15 of each year the Annual Fee Rate for the following compensation year beginning January 1. If no such notice is provided, the Annual Fee Rate for the following compensation year beginning January 1 shall be the same as for the current compensation year. If such notice is provided, no later than January 1, each Client shall notify Thorndale Farm in writing of any objections to the proposed Annual Fee Rate. If a Client and Thorndale Farm cannot reach agreement as to the Annual Fee Rate or the value of Assets, the Annual Fee for such year shall be (1) the Annual Fee for the prior compensation year plus (2) an amount equal to the annual U.S. inflation rate, as measured by the Consumer Price Index for All Urban Consumers reported by the U.S. Department of Labor Bureau of Labor Statistics, times the Annual Fee for the prior compensation year.
Annual Fee Adjustments
