Common use of Changes to Charges Clause in Contracts

Changes to Charges. We may adjust Our Charges provided that We may do so no more frequently than quarterly and: a) Our Variable Charge shall never be more than twenty five percent (25%) above cost generated by the Heat Trust’s Heat Cost Calculator (xxxx://xxxxxxxxx.xxx/index.php/test-the- xxxxxxxxx), as formulated June 2017; and b) if the Heat Trust’s Cost Calculator ceases to be published or is modified such that We reasonably believe that it is no longer an appropriate reference point, We may (acting reasonably) choose an alternative reference or index to replace it for the purpose of this provision. Our Standing Charge and all other charges above shall increase annually by a percentage equal to the increase (if any) in the CPI over the previous 12 (twelve) months.

Appears in 5 contracts

Samples: Heat Supply Agreement, Heat Supply Agreement, Heat Supply Agreement

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Changes to Charges. We may adjust Our Charges provided that We may do so no more frequently than quarterly and: a) Our Variable Charge shall never be more than twenty five percent (25%) above cost generated by the Heat Trust’s Heat Cost Calculator (xxxx://xxxxxxxxx.xxx/index.php/test-the- xxxxxxxxx), as formulated June 2017; and b) if the Heat Trust’s Cost Calculator ceases to be published or is modified such that We reasonably believe that it is no longer an appropriate reference point, We may (acting reasonably) choose an alternative reference or index to replace it for the purpose of this provision. Our Standing Charge and all All other charges above shall increase annually by a percentage equal to the increase (if any) in the CPI over the previous 12 (twelve) months.

Appears in 3 contracts

Samples: Heat Supply Agreement, Heat Supply Agreement, Heat Supply Agreement

Changes to Charges. We may adjust Our Charges provided that We may do so no more frequently than quarterly and: a) Our Variable Charge shall never be more than twenty five percent (25%) above cost generated by the Heat Trust’s Heat Cost Calculator (xxxx://xxxxxxxxx.xxx/index.php/test-the- xxxxxxxxxxxxx://xxxxxxxxx.xxx/index.php/test-the-xxxxxxxxx), as formulated June 2017; and. b) if the Heat Trust’s Cost Calculator ceases to be published or is modified such that We reasonably believe that it is no longer an appropriate reference point, We may (acting reasonably) choose an alternative reference or index to replace it for the purpose of this provision. Our Standing Charge and Our Heat Capacity Charge and all other charges above shall increase annually by a percentage equal to the increase (if any) in the CPI over the previous 12 (twelve) months.

Appears in 1 contract

Samples: Heat Supply Agreement

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Changes to Charges. We may adjust Our Charges provided that We may do so no more frequently than quarterly and: a) : Our Variable Charge shall never be more than twenty five percent (25%) above cost generated by the Heat Trust’s Heat Cost Calculator (xxxx://xxxxxxxxx.xxx/index.php/test-the- xxxxxxxxxxxxx://xxxxxxxxx.xxx/index.php/test-the-xxxxxxxxx), as formulated June 2017; and b) if . If the Heat Trust’s Cost Calculator ceases to be published or is modified such that We reasonably believe that it is no longer an appropriate reference point, We may (acting reasonably) choose an alternative reference or index to replace it for the purpose of this provision. Our Standing Charge and Our Heat Capacity Charge and all other charges above shall increase annually by a percentage equal to the increase (if any) in the CPI over the previous 12 (twelve) monthsCPI.

Appears in 1 contract

Samples: Heat Supply Agreement

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