Heating Value Adjustment Sample Clauses

Heating Value Adjustment. The Total Base Price in effect at the time of the calculations shall be increased or decreased to compensate for variations in heating value. If the weighted average heating value of the Biomass Fuel shipped by Seller in any calendar month is greater than one hundred (100) BTUs per pound in excess of the heating value specified in the Guaranteed Specification, the Total Base Price in effect at the time will be adjusted in accordance with the following formula: Weighted Average BTU X Total Base Price = Heating Value Adjusted Guaranteed BTU Base Price. In the event the weighted average heating value of the Biomass Fuel shipped by Seller in any calendar month is greater than one hundred (100) BTUs per pound below the Guaranteed Specification, then the Total Base Price in effect at the time will be adjusted in accordance with the following formula: Weighted Average BTU X Total Base Price = Heating Value Adjusted Guaranteed BTU Base Price.
Sample 1
AutoNDA by SimpleDocs
Heating Value Adjustment. The Price shall be adjusted in the manner set forth below to compensate for any difference between the as received monthly weighted average Heating Value and the guaranteed Btu per pound. The adjustment in Price is in addition to any remedies provided by the Agreement or in law or equity. Sample calculations for Btu adjustments are provided in Annex B.
Sample 1
Heating Value Adjustment. If' the actual Heating Value (Al-IV) of the Coal (or Non- Conforming Coal) tendered for delivery by the Seller differs from the Guaranteed Heating Value (GHV) then the Commodity Component (CC) of the Price per ton shall be adjusted (prior to the application of other adjustments or indexation) if the AHV for a Consignment (of Non-Conforming Coal) is greater or less than the GHV but within the Acceptable Range of heating Value as follows: × Notwithstanding any provisions to the contrary in this Agreement. Non- Conforming Coal tendered for delivery by the Seller with a Heating Value falling outside the Acceptable Range shall he subject to rejection by the Seller.
Sample 1

Related to Heating Value Adjustment

  • Market Value Adjustment 16 3.07 Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11

  • 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:

  • Share Adjustments If the Company's outstanding shares of Common Stock are increased or decreased or changed into or exchanged for a different number or kind of shares or other securities of the Company by reason of any recapitalization, reclassification, stock split, combination of shares, stock dividend, or transaction having similar effect, the Board shall proportionately and appropriately adjust the number and kind of shares that are subject to this Option and the Exercise Price Per Share, without any change in the aggregate price to be paid therefor upon exercise of this Option.

  • 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

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • De Minimis Adjustments No adjustment in the number of shares of Common Stock purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least one share of Common Stock purchasable upon an exercise of each Warrant and no adjustment in the Exercise Price shall be required unless such adjustment would require an increase or decrease of at least $0.01 in the Exercise Price; provided, however, that any adjustments which by reason of this Section 3.7 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations shall be made to the nearest full share or nearest one hundredth of a dollar, as applicable.

  • Year-End Adjustment If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment advisory fees waived or reduced and other payments remitted by the Adviser to the Fund or Funds with respect to the previous fiscal year shall equal the Excess Amount.

  • Multiple Adjustments For the avoidance of doubt, if an event occurs that would trigger an adjustment to the Conversion Rate pursuant to this Section 11 under more than one subsection hereof, such event, to the extent fully taken into account in a single adjustment, shall not result in multiple adjustments hereunder; provided, however, that if more than one subsection of this Section 11 is applicable to a single event, the subsection shall be applied that produces the largest adjustment.

  • 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.

  • Equitable Adjustment Trading volume amounts, price/volume amounts and similar figures in the Transaction Documents shall be equitably adjusted (but without duplication) to offset the effect of stock splits, similar events and as otherwise described in this Agreement and Warrants.

Time is Money Join Law Insider Premium to draft better contracts faster.