Availability Adjustment Sample Clauses

Availability Adjustment. Each month during the Delivery Term, Seller shall ensure that the Storage Facility has an Monthly Actual Availability of no less than ninety-eight percent (98%) (the “Guaranteed Monthly Availability”). If the Storage Facility has Monthly Actual Availability less than the Guaranteed Monthly Availability during any month, then the Contract Price that would be owed to Seller for such month shall be adjusted as follows, after any adjustments have been made to the Contract Price due to the Guaranteed Round-Trip Efficiency Adjustment pursuant to Section 7.7(e) (the “Guaranteed Monthly Availability Adjustment”):‌
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Availability Adjustment. (i) During each month of the Delivery Term in which the Availability of the Units is less than the applicable Guaranteed Availability, the Availability Adjustment (“AA”), measured as a percentage, shall be determined as follows: For Summer Months: If Availability is greater than or equal to 98% but less than 99%, then AA=100%; if Availability is less than 98%, but not less than 70%, then AA = 100% - [(98% - Availability) x 2]; and if Availability is less than 70% then AA=0 For Non-Summer Months: If Availability is greater than or equal to 96%, then AA=100%; if Availability is less than 96%, but not less than 60%, then AA = 100% - [(96% - Availability) x 2]; and If Availability is less than 60%, then AA=0
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Availability Adjustment. The applicable “
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Availability Adjustment. The applicable “Availability Adjusted Storage Contract Capacity” is calculated by multiplying the Monthly Storage Availability by the Availability Adjustment (“Availability Adjustment” or “AA”), which is calculated as follows:
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Availability Adjustment. Each Contract Month, the Capacity Charge will be adjusted to reflect the actual Availability delivered from the Portfolio. The Availability of the Portfolio shall be computed as follows: M Availability = [Sigma] Monthly Unit Capability units = 1 Original Sheet No. 61 Period Hours [Sigma] Hourly Contact Capacity hour = 1 Period Hours Fraction of
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Availability Adjustment. The Availability Adjustment (“AA”), which is calculated as follows: (i) If the monthly storage availability is greater than or equal to the Guaranteed Storage Availability, then: AA = 100% (ii) If the monthly storage availability is less than the Guaranteed Storage Availability, but greater than or equal to 70%, then: AA = 100% - [(98% - monthly storage availability) × 2] (iii) If the monthly storage availability is less than 70%, then: AA = 0
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Availability Adjustment. “Availability Adjustment” shall have the meaning set forth in Section 7(a).
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Related to Availability Adjustment

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Cost of Living Adjustment For each year following the Initial Term, unless the parties shall otherwise agree and provided that the service mix and volumes remain consistent as previously provided in the Initial Term, the total fee for all services shall equal the fee that would be charged for the same services based on a fee rate (as reflected in a fee rate schedule) increased by the percentage increase for the twelve-month period of such previous calendar year of the CPI-W (defined below) or, in the event that publication of such index is terminated, any successor or substitute index, appropriately adjusted, acceptable to both parties. As used herein, “CPI-W” shall mean the Consumer Price Index for Urban Wage Earners and Clerical Workers (Area: Boston-Brockton-Nashua, MA-NH-ME-CT; Base Period: 1982-84=100), as published by the United States Department of Labor, Bureau of Labor Statistics.

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