End of Year Adjustments Sample Clauses

End of Year Adjustments. Year End Adjustment (YEA) For each Terminal Component, Tthe Year End Adjustment for the User (YEAu) will be calculated in respect of each Financial Year as follows:- where:- RTu is the Reference Tonnage for the User for the Financial Year in respect of the Terminal Component; ART is the Aggregate Reference Tonnage for the Financial Year in respect of the relevant Terminal Component; and RP is the Rebate Pool for the Financial Year calculated at Schedule 2, Part B, Section 8. Rebate Pool For each Terminal Component, tThe Rebate Pool (RP) for each Financial Year will be calculated as follows:- where:- ECu is the Excess Charge for the User and each other Access Holder with Reference Tonnage for the Financial Year in respect of the Terminal Component, calculated for the User at Schedule 2, Part B, Section 9 and for each other Access Holder under their respective Access Agreements; n is the number of Access Holders with Reference Tonnage in respect of the Terminal Component, which together hold all ART in respect of the Terminal Component for the Financial Year; PI is the Provisional Increment calculated at Schedule 2, Part B, section 4(b)(i) for the Financial Year in respect of the Terminal Component; and ATA is the Additional Tonnage Amount calculated at Schedule 2, Part B, section 11 for the Financial Year in respect of the Terminal Component. Excess Charge (EC) Where no Review Event occurs after 1 July in a Financial Year, the Excess Charge for the User (ECu) shall be calculated as follows:- where:- TIC is the relevant Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part A, Section 3; TSu is the actual tonnes of coal Shipped through the relevant Terminal Component by the User during the Financial Year that are Reference Tonnage or Excess Tonnage; and RTu is the Reference Tonnage for the User for the Financial Year in respect of the relevant Terminal Component. Where a Review Event occurs after 1 July in a Financial Year, the Excess Charge for the User (ECu) shall be calculated as follows:- where:- TICA is the relevant annualised Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part B, Section 12; TSu is the actual tonnes of coal Shipped through the relevant Terminal Component by the User during the Financial Year that are Reference Tonnage or Excess Tonnage; and RTu is the Reference Tonnage for the User for the Financial Year in respect of the relevant Terminal Component.
Sample 1
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End of Year Adjustments. Year End Adjustment (YEA) The Year End Adjustment for the User (YEAu) will be calculated in respect of each Financial Year as follows:- where:- RTu is the Reference Tonnage for the User for the Financial Year; ART is the Aggregate Reference Tonnage for the Financial Year; and RP is the Rebate Pool for the Financial Year calculated at Schedule 2, Part B, Section 2.
Sample 1
End of Year Adjustments. Year End Adjustment (YEA) The Year End Adjustment for the User (YEAu) will be calculated in respect of each Financial Year as follows:- where:- RTu is the Reference Tonnage for the User for the Financial Year; ART is the Aggregate Reference Tonnage for the Financial Year; and RP is the Rebate Pool for the Financial Year calculated at Schedule 2, Part B, Section 8. Rebate Pool The Rebate Pool (RP) for each Financial Year will be calculated as follows:- where:- ECu is the Excess Charge for the User and each other Access Holder with Reference Tonnage for the Financial Year, calculated for the User at Schedule 2, Part B, Section 9 and for each other Access Holder under their respective Access Agreements; n is the number of Access Holders with Reference Tonnage which together hold all ART for the Financial Year; PI is the Provisional Increment calculated at Schedule 2, Part B, section 4(b)(i) for the Financial Year; and ATA is the Additional Tonnage Amount calculated at Schedule 2, Part B, section 11 for the Financial Year.
Sample 1
End of Year Adjustments. 1. Year End Adjustment (YEA) For each Terminal Component, tThe Year End Adjustment for the User (YEAu) will be calculated in respect of each Financial Year as follows:- YEAu = RTu ART x RP where:- RTu is the Reference Tonnage for the User for the Financial Year in respect of the Terminal Component; ART is the Aggregate Reference Tonnage for the Financial Year in respect of the relevant Terminal Component; and RP is the Rebate Pool for the Financial Year calculated at Schedule 2, Part B, Section 2.
Sample 1

Related to End of Year Adjustments

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.

  • Pay Adjustments (1) Where the rate of pay of a position or job is adjusted upwards, the employee shall be placed on the lowest step of the new pay range which will give him/her a monthly increase and the increment anniversary shall be that date.

  • Budget Adjustments The Grantee shall submit the Budget Adjustment Request [TJJD-FIS-304] to the Department for any adjustment to the original budget. The Grantee must receive written or electronic approval from the Department prior to expending the funds.

  • Wage Adjustments If the funding available to be used for wages provided by Government in any fiscal year increases, the Employer shall pass on such increases to employees consistent with the funding increase adjusted for any additional deficits that this contract incurs. This will be the case whether the funding increase is for the entire year or simply a portion of it, and wage increases shall be effective upon the effective date of the increased funding. Should there be no increase provided by Government, wages will be maintained at their present levels. Should there be a decrease in funding, then the Employer will maintain wages at present levels. The Employer will promptly provide the Union with any information it receives from the Government regarding funding available for wages, and the parties will meet as required to work towards cooperative resolution of any issues arising from this Government information.

  • Contract Term Adjustment “Contract Term Adjustment” means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection. To qualify for such adjustment, Purchaser shall give written notice of the lost time not later than 30 days after end of Normal Operating Season in which time was lost and at least 10 days before Termination Date. Contracting Officer shall make prompt written acknowledgment of such notice, indicating concurrence with the number of days in the notice or the number of days Forest Service considers as qualifying for the adjustment. Lost portions of days shall be disregarded in computing time lost. The three circumstances qualifying for a Contract Term Adjustment are:

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

  • Cost Adjustments Both parties agree that contracted prices shall be fixed for the first 12 months of this Contract. Contractor must submit to District any proposed cost adjustments at least 60 days before the proposed effective date of such increases with a detailed explanation for each adjustment. District alone reserves the right to reject any changes to this Contract it deems unacceptable.

  • EQUITY ADJUSTMENTS The parties subscribe to the principle of equal pay for work of equal value. The parties will continue to move towards the mutual goal of the Community Social Services Sector achieving the objectives set out in Sections A(1), (2) and (3) above, as follows:

  • Wage Adjustment Notwithstanding any provision in this Agreement on the contrary, the wages of employees shall be reduced by the amount of employee contributions made by the employer pursuant to the provisions hereof.

  • CPI Adjustment In this Agreement, “CPI-Adjusted” in reference to an amount means that amount is adjusted under the following formula: N  C  (1 CPIn  CPIc ) CPIc where: ”N” is the new amount being calculated; and “C” is the current amount being adjusted; and

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