Fuel Cost Adjustment. 7.1 The following terms when used herein shall have the meanings specified:
Fuel Cost Adjustment. In addition to the SWU Price, and other expenses, fees or charges that USEC may invoice under Sections 6.3, 8.1, 8.3, 8.4, 8.5 and 8.6 and the other Articles of this Agreement (such as Article 13), Customer shall also pay the following:
Fuel Cost Adjustment. The Parties intend that Tops will pay the actual delivered cost of fuel, exclusive of any financial hedging that C&S may undertake for its own account. Each Approved Budget will reflect a budgeted fuel cost based on the best information available to the Parties with respect to the then applicable rates and consumption estimates. The Parties will then update and/or adjust the fuel cost from such Approved Budget as necessary pursuant to the Flex Budget process.
Fuel Cost Adjustment. For purposes of this Section 3.2(d)(i), the Base Cost of Fuel is as set forth on Schedule 3.2(d)(i). The Base Cost of Fuel is calculated as set forth on Schedule 3.2(d)(i). Within * of the end of each Contract Quarter, C&S shall calculate the cost of fuel for such Contract Quarter (the “Quarterly Fuel Cost”) in the same method as set forth on Schedule 3.2(d)(i) and shall either bxxx A&P if the Quarterly Fuel Cost is more than the Base Cost of Fuel or credit A&P if the Quarterly Fuel Cost is less than the Base Cost of Fuel calculated as follows: (i) the percentage increase or decrease in the Quarterly Cost of Fuel compared against the Base Cost of Fuel, multiplied by *. The Stop Fee Fuel Component for Facilities and C&S Facilities shall be calculated as part of the calculations done pursuant to Section 3.2(b)(ii). For example, if (i) the Base Cost of Fuel is $2.00, *.
Fuel Cost Adjustment. The Baseline Energy Prices as set forth in section 3 above of this agreement are subject to the TVA Fuel Cost Adjustment (FCA) as calculated under Exhibit B, attached hereto and hereby incorporated herein. The FCA shall mean the per-MWh amount by which the Baseline Energy Prices under section 3 above of this agreement are increased or decreased from time to time in accordance with the formula designed to reflect changes in TVA’s fuel costs, purchased power costs, and related costs as shown in Exhibit B. It is recognized that TUm (as defined in Exhibit B) has a lag integrated into the formula and that unless otherwise agreed between the parties, any such amount shall remain an obligation even though the payment of the xxxx for power taken during May of 2007 has been made.
Fuel Cost Adjustment.
1. On the first day of each business quarter (January, April, July, and October) the Contractor shall provide the District with the current gasoline and diesel fuel prices for school busses from the location at which the largest quantity of each fuel is dispensed. For each five-cent increase in the price of fuel on the first working day of each business quarter compared to the per gallon price as of October 1 of the current school year, the District will pay the Contractor an additional sum equal to one cent per mile based on the number of approved miles incurred by the end of the business quarter. This fuel cost adjustment paragraph will not apply to extracurricular trips.
Fuel Cost Adjustment. The Baseline Energy Prices as set forth in section 3.2 above of this agreement shall be subject to the TVA Fuel Cost Adjustment (FCA) as calculated under Exhibit B to TV-05356W, Supp. No. 3, dated April, 3, 2006; provided, however, that from and after the Effective Date of this agreement, the table in said Exhibit B setting forth the values of B (the monthly per MWh Base Fuel Rates as defined in Exhibit B) shall be deemed to be deleted and replaced with the following: June $ 17.13 July $ 22.22 August $ 18.92 September $ 17.09 October $ 16.22 November $ 17.09 December $ 16.53 January $ 16.96 February $ 18.26 March $ 18.80 April $ 16.09 May $ 14.57 It is recognized that the FCA shall mean the per-MWh amount by which the Baseline Energy Prices under section 3.2 above of this agreement are increased or decreased from time to time in accordance with the formula designed to reflect changes in TVA’s fuel costs, purchased power costs, and related costs as shown on said Exhibit B. It is further recognized and agreed that TUm (as defined in Exhibit B) has a lag integrated into the formula and that unless otherwise agreed between the parties, any such amount shall remain an obligation even though the payment of the bxxx for power taken during May of 2012 has been made.
Fuel Cost Adjustment. It is the intent of the parties that A&P pay the actual delivered cost of fuel, exclusive of any financial hedging unless the Parties otherwise agree in writing. Prior to the Ramp-Up Period and each Contract Year, as part of the budget process, the parties shall agree upon a "Base Cost of Fuel" for the Approved Budget for the forthcoming Ramp-Up Period or Contract Year (as applicable). Each Contract Quarter, the Base Cost of Fuel used to calculate fuel costs as a component of the Total Transportation Costs for such Contract Quarter will be adjusted for any changes to reflect the actual delivered cost of fuel incurred by C&S in connection with the Services hereunder. The Service Specifications shall set forth in detail the formula for calculating Base Cost of Fuel for each Facility.
Fuel Cost Adjustment. The Fuel cost adjustment applies only to the transportation component of the Service.
1.) The monthly fuel surcharge will be as follows:
a.) The threshold fuel price for the Agreement will be $4.20 per gallon.
b.) The fuel prices will be taken on the first Monday of the month for which the service will be provided. A fuel surcharge will be applied when the price of diesel fuel is greater than or equal to $4.31 per gallon on the weekly Central Atlantic diesel fuel price index (Weekly Central Atlantic (XXXX 0X) No 2 Diesel Retail Sales by All Sellers) maintained by the United States Energy Information Administration (EIA)..
c.) In calculating the fuel surcharge, the Authority will assume a transfer trailer load of 22 tons and transfer trailer fuel mileage of 4.5 miles per gallon.
d.) The Fuel Surcharge per ton will be the product of the Excess Cost above the threshold fuel price as outlined in chart (f) below and the fuel usage (gallons) per ton transferred. The roundtrip distance (miles) from the Xxxxx’x Ford Landfill to the Disposal Facility will be divided by 4.5 miles per gallon to determine the gallons of fuel used per load. The gallons of fuel used per load will be divided by 22 tons to get the gallons per ton. This “X” value, gallons per ton, is then multiplied by the appropriate Excess Cost factor from the chart
Fuel Cost Adjustment. Fuel Cost Adjustment is defined in Section 6.3.
