Annual Rate Adjustments Sample Clauses

Annual Rate Adjustments. Rates will be adjusted annually, effective January 1 of each year of the term, including extensions. Commencing January 1, 2025 and thereafter on each January 1, this Agreement is in effect, including any extension years, the rates stated above shall be increased by the change in the value of the All Urban Consumers Index (CPI-U), All Items, for the San Francisco-Oakland-San Jose, CA, Base Period 1982 – 1984 = 100, not seasonally adjusted, compiled and published by the U. S. Department of Labor, Bureau of Labor Statistics (or its successor) for the previous October and its value twelve months before. Annual increases will be no less than 3.2% annually.
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Annual Rate Adjustments. Company shall increase the rates for all Services effective on each anniversary of the Effective Date of this Agreement in an amount equal to the percentage increase in the Consumer Price Index for All Urban Consumers (Water, Sewer and Trash Collection Services) U.S. City Average, as published by United States Department of Labor, Bureau of Statistics (the “CPI”). For the CPI calculation, rates will be adjusted using the most recently available trailing twelve (12) months average CPI compared to the twelve (12) months preceding.
Annual Rate Adjustments. Provider may request a rate adjustment, which the Port will consider in its sole discretion, no more frequently than twice annually for the ensuing one-year period beginning on the effective date of the Contract or on an anniversary of the effective date of the Contract ("Contract Year") to reflect actual increases in Provider's cost to perform under this Contract. Provider must submit a written request with backup documentation establishing the actual increases in cost, or fairness of the requested adjustment. No price adjustment shall be effective until approved by the Port. Provider shall hold firm pricing in effect at the time of receipt of an order and contracted order shall not be subject to price adjustments.
Annual Rate Adjustments. The Rates outlined in Table 1 are for the period January 1, 2015 through December 31, 2015. Such rates will be adjusted annually as shown below, effective January 1 of each year of the term, including extensions.
Annual Rate Adjustments. Company shall increase the rates by four (5%) percent for all Services on April 1 of each successive year of the contract.
Annual Rate Adjustments. The Rate for the period January 1, 2024 through December 31, 2024 is $102.28 per ton. Rates will be adjusted annually as shown below, effective January 1 of each year of the term, including extensions. Commencing January 1, 2025 and thereafter on each January 1, this Agreement is in effect, including any extension years, the rates stated above shall be increased by the change in the value of the All Urban Consumers Index (CPI-U), All Items, for the San Francisco- Oakland-San Jose, CA, Base Period 1982 – 1984 = 100, not seasonally adjusted, compiled and published by the U. S. Department of Labor, Bureau of Labor Statistics (or its successor) for the previous October and its value twelve months before.
Annual Rate Adjustments. The Rates outlined in Table 1 are for the period February 1, 2022 through the end of the term of the Agreement. Such rates will be adjusted annually as shown below, effective January 1 of each year of the term, including extensions. Commencing February 1, 2022 and thereafter on each January 1, this Agreement is in effect, including any extension years, the rates stated above shall be increased by the change in the value of the All Urban Consumers Index (CPI-U), All Items, for the San Francisco-Oakland-San Jose, CA, Base Period 1982 – 1984 = 100, not seasonally adjusted, compiled and published by the U. S. Department of Labor, Bureau of Labor Statistics (or its successor) for the previous October and its value twelve months before. C&D Debris Rejected Load Contamination Level (above which loads can be refused) Fees
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Annual Rate Adjustments. (a) The Total Base Rate, excluding any surcharge or tax imposed by a third-party pursuant to Section 9.3, shall be adjusted annually on the first day of the month immediately following the anniversary of the commencement of water delivery by Chicago Heights to Homewood, or January 1, 2023, whichever occurs first, by increasing the Total Base Rate by the increase in the Consumer Price Index-For All Urban Consumers (CPI-U) for the preceding 12-month period (“Adjusted Base Rate”), provided, however, that the amount of the annual increase to the Total Base Rate shall not be less than one percent (1%) and shall not be more than three percent (3%), irrespective of the actual change in the CPI-U. Each annual increase thereafter in the Adjusted Base Rate shall be cumulative of the preceding annual increase; and shall include the same percentage adjustment as made to the Total Base Rate charged by Chicago Heights to Homewood. Homewood agrees to annually notify Flossmoor of the percentage increase in Adjusted Rate Base as soon as it receives notice of the percentage increase from Chicago Heights. (b) Homewood shall give Flossmoor annual written notice of any increase in the Rate at least thirty (30) days prior to the effective date of the modification of the Total Base Rate. (c) Flossmoor agrees that, with respect to any future rate adjustments imposed by a third party, including, but not limited to, modifications of the Xxxxxxx Water Base Rate or the Chicago Heights Delivery Rate, in the event any approval is required by law, that Flossmoor will, without objection, join any petition rate schedule, tariff, or other documents or proceedings which may be necessary to be filed with any public body. Further, Flossmoor agrees to abide by such adjusted rate and to pay same
Annual Rate Adjustments. According to the schedule established pursuant to paragraph 12.4.6 hereof, Western shall present to Reclamation and the Contractors its analysis of the revenue that the then-effective BCP capacity and energy charges are expected to yield in the next Rate Year as compared to the Annual Revenue Requirements of the Rate Year. If such charges are expected to provide revenues that are greater or less than the Annual Revenue Requirement, Western shall propose a corrective BCP rate adjustment to take effect in the first Billing Period of the Rate Year.
Annual Rate Adjustments. The Tank Usage Rate and the Trucking Rate shall be adjusted on July 1 of each year of the Term, as follows: (i) The Tank Usage Rate shall be increased annually, beginning on July 1, 2012, by a percentage equal to the greater of zero or the positive change in the CPI-U (All Urban Consumers), as reported by the U.S. Bureau of Labor Statistics. (ii) The Dispatch Fee components of the Trucking Rate shall be increased annually, beginning on July 1, 2012, by a percentage equal to the greater of zero or the positive change in the CPI-U (All Urban Consumers), as reported by the U.S. Bureau of Labor Statistics. (iii) The Mileage Rate component of the Trucking Rate shall be adjusted annually, beginning on July 1, 2012, to correspond to changes during the prior March to April annual period in the dollars per mile rates of third party trucking carriers transporting crude oil in Montana and North Dakota, provided however, that unless mutually agreed, (A) such annual adjustments shall never adjust the Mileage Rates existing in the immediately prior period upwards or downwards by more than twenty percent (+/-20% annual maximum adjustment), (B) the cumulative adjustments in effect in any such annual period during the Initial Term shall never adjust the Mileage Rates during such annual period to an amount outside of a range of a 50% fifty percent floor and a 150% ceiling above or below the applicable Mileage Rates specified in Schedule II, and (C) the cumulative adjustments in effect in any such annual period during the Extension Term shall never adjust the Mileage Rates during such annual period to an amount outside of a range of a 50% fifty percent floor and a 150% ceiling above or below the applicable Mileage Rates in effect at the start of the Extension Term. When determining an annual adjustment, the Parties shall mutually agree upon three third party carriers providing crude oil truck transportation in the area, as being representative of the competitive pricing for such transportation. The Parties shall then determine the arithmetic average change in the dollars per barrel rates charged by those three carriers during such annual period, for a haul distance of twenty miles, but disregarding any fuel cost adjustments. That average change shall then be divided by 20 to establish a reference dollars per barrel/mile adjustment to the Mileage Rate component of the Trucking Rate. That dollars per barrel/mile adjustment shall be multiplied by the largest number of miles in ...
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