Fuel Adjustments Sample Clauses

Fuel Adjustments. Customer shall also pay the fuel surcharge as set forth at xxxxx://xx.xxxxxx.xxx/fuel-surcharge, which may be updated from time to time by Xxxxx’x in its sole discretion.
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Fuel Adjustments. If the Fuel Price EWD is greater than one hundred five percent (105%) of the Fuel Price ED or is less than ninety-five percent (95%) of the Fuel Price ED, then, within fifteen (15) days following the date of Ex Works of the last Wind Turbine, Supplier shall submit to Buyer a calculation of any additional amounts payable or credits to Buyer as a result of an increase or decrease in the price of bunker fuel between the Effective Date and the date of Ex Works of the last Wind Turbine for the Project. Such calculation shall be made in accordance with the following formula: (A * B * C ) Where, A = $1,314,106 (the portion of the Contract Price attributable to ocean freight) B = 0.113 (the percentage of ocean freight attributable to fuel) and C = (Fuel Price EWD - Fuel Price ED) / Fuel Price ED. Within five (5) days following receipt of Supplier’s calculation, Buyer shall approve or dispute the calculation. If Buyer approves the calculation and such amount is positive, Buyer shall pay to Supplier the amount set forth in the calculation within seven (7) calendar days following its approval thereof. If Buyer approves the calculation and such amount is negative, Supplier shall apply a credit in such amount to the remaining portion of the Contract Price. If Buyer disputes the calculation and the Parties are unable to resolve the dispute, either Party may submit the matter to arbitration in accordance with the provisions of .
Fuel Adjustments. Section G, paragraph 2b(11) concerning ferry certification.
Fuel Adjustments. If the Fuel Price _____* for the Group 2 Wind Turbines or the Group 3 Wind Turbines is greater than _____*% of the Fuel Price _____* or is less than _____*% of the Fuel Price _____*, then Supplier shall submit to Buyer a calculation of any additional amount payable or credits to Buyer as a result of the increase or decrease in the price of bunker fuel between the applicable Fuel Price _____* and the Fuel Price _____*. Such calculation shall be made in accordance with the following formula: (A * B * C) Where, A = the ocean freight portion of the applicable Group Base Price attributable to the Wind Turbines being shipped, which, for shipments of the Group 2 Wind Turbines is $_____*, and for shipments of the Group 3 Wind Turbines is $_____*. B = _____* (the percentage of ocean freight attributable to bunker fuel based on Delivery to the Delivery Point) and C = (Fuel Price _____* – Fuel Price _____*) / Fuel Price _____*.
Fuel Adjustments. The Contractor will apply a fuel adjustment to each monthly invoice if the price of diesel fuel increases or decreases over the established base price during the term of this contract. The established base price of diesel fuel is $ 2.489 per U.S. gallon. This was the price of diesel fuel the week the bids were opened as reported by the U.S. Department of Energy, Energy Information Administration (EIA)
Fuel Adjustments. The Contractor’s bid was calculated using the DOE On-Highway diesel price per gallon for New England as of November 14, 2022: $6.060. The fuel adjustment will be calculated using the Contractor’s percentage of the wet ton price identified for transportation. The Contractor will apply the fuel adjustment only to the dollar amount associated with transportation. It will not include disposal. Should the price per gallon of diesel fuel decrease by more than $1 from the bid price, the Town will receive a fuel credit.
Fuel Adjustments. The prices are subject to adjustment for variances in fuel prices as set forth in the AMC Final Uniform Negotiated Rates and Rules, and Appendix 3, paragraph 17 of Section C, Performance Work Statement (PWS).
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Fuel Adjustments. The prices are subject to adjustment for variances in fuel prices as set forth in the AMC Final Uniform Negotiated Rates and Rules, and Appendix 3, paragraph 17 of Section C, Statement of Work (SOW).

Related to Fuel Adjustments

  • Price Adjustments 17.1 Prices for Goods/Services supplied in terms of this Agreement shall be subject to review as indicated in the Schedule of Requirements/Works Order annexed hereto. 17.2 No less than 2 [two] months prior to any proposed Price adjustment, the Parties shall commence negotiations for Prices for the next period or as otherwise indicated in Schedule 1 hereto. The Parties shall have regard for market-related pricing of equivalent goods, continuous improvement initiatives, costs [including labour, raw materials and transport/delivery], order size and frequency and changes to the specification of the Goods/Services. 17.3 Pursuant to clause 17.2 above, the Supplier/Service Provider shall keep full and accurate records of all costs associated with the supply of the Goods/Services to Transnet, in a form to be approved in writing by Transnet. The Supplier/Service Provider shall produce such records to Transnet for inspection at all reasonable times on request and such records may, at Transnet's option, be audited by Transnet or its designated representatives. 17.4 Should Transnet and the Supplier/Service Provider fail to reach an agreement on Price for the successive period, either Party shall be entitled to submit this matter to dispute resolution in accordance with clause 32 of the Master Agreement [Dispute Resolution]. 17.5 If during the period of this Agreement Transnet can purchase similar Goods/Services of a like quality from another supplier at a total delivered cost to a Transnet facility that is lower than the total delivered cost of the Goods/Services purchased hereunder from the Supplier/Service Provider, Transnet may notify the Supplier/Service Provider of such total delivered cost and the Supplier/Service Provider shall have an opportunity to adjust the Price of the Goods/Services purchased hereunder, on such a basis as to result in the same total delivered cost to Transnet, within 30 [thirty] calendar days of such notice. If the Supplier/Service Provider fails to do so or cannot legally do so, Transnet may (i) purchase the Goods/Services from such other supplier in which case the obligations, including, but not limited to, any purchase and sale requirements and/or commitments, if any, of Transnet and the Supplier/Service Provider hereunder shall be reduced accordingly; (ii) terminate this Agreement without any penalty, liability or further obligation; or (iii) continue purchases under this Agreement. 17.6 If during the period of this Agreement the Supplier/Service Provider sells any materials which are the same as, equivalent to, or substantially similar to the Goods/Services herein, at a total delivered cost to a third party lower than the total delivered cost to a Transnet facility, then the Supplier/Service Provider has an opportunity to adjust its Price for the Goods/Services purchased hereunder within 30 [thirty] calendar days so that the Price is the same or lower than the total delivered cost of such third party. If the Supplier/Service Provider fails to do so or cannot legally do so, Transnet may (i) purchase the Goods/Services from any other such supplier, in which case the obligations, including, but not limited to, any purchase and sale requirements and/or commitments, if any, of Transnet and the Supplier/Service Provider hereunder shall be reduced accordingly; or

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