Common use of Interim Excessive Insurance and Fuel Cost Inflation Relief Provisions Clause in Contracts

Interim Excessive Insurance and Fuel Cost Inflation Relief Provisions. For only so long as the Education Law does not provide reimbursement by the State of New York for automotive liability insurance, comprehensive general liability insurance, employee health care insurance, unemployment insurance, Worker’s Compensation Insurance and/or vehicle fuel cost increases, the Board does hereby agree for a limited time to suspend partially or totally the application of the two percent (2%) prompt payment discount to which the BOE is otherwise entitled under the Contract but only for contracts under Serial Nos. 0065, 0075, 8107, 7263 and 9888 and only to the extent of the Contractor’s monthly and/or annual written proof of eligibility as hereinafter specified. The preceding sentence to the contrary notwithstanding, the extent of the Contractor’s eligibility to use its vehicle fuel cost increases to justify a suspension of the discount shall be reduced in the manner hereinafter specified at Paragraph (H)(7), et seq., by an amount equal to thirty percent (30%) of the Contractor’s liability to the BOE, if any, for overpayments by the BOE to the Contractor from Extension Years 1986-87 to 1999-2000 (hereinafter expressed as “Deductible Amount”) that was the subject of consolidated litigation entitled, A.C. Transportation, Inc., et al., v. Board of Education of City of New York, et al., 253 A.D.2d 330, 687 N.Y.S.2d 1 (App.Div. 1 Dept. 1999), leave to appeal denied 00 X.X.0x 000, 000 N.Y.S.2d 382, 713 N.E.2d 417 (1999).

Interim Excessive Insurance and Fuel Cost Inflation Relief Provisions. For only so long as the Education Law does not provide reimbursement by the State of New York for automotive liability insurance, comprehensive general liability insurance, employee health care insurance, unemployment insurance, Worker’s 's Compensation Insurance and/or vehicle fuel cost increases, the Board does hereby agree for a limited time to suspend partially or totally the application of the two percent (2%) prompt payment discount to which the BOE is otherwise entitled under the Contract but only for contracts under Serial Nos. 00650070, 00757165, 81078108, 7263 G8805, G8891 and 9888 G9325 and only to the extent of the Contractor’s 's monthly and/or annual written proof of eligibility as hereinafter specified. The preceding sentence to the contrary notwithstanding, the extent of the Contractor’s 's eligibility to use its vehicle fuel cost increases to justify a suspension of the discount shall be reduced in the manner hereinafter specified at Paragraph (H)(7Paragraph(I)(7), et seq., by an amount equal to thirty percent (30%) of the Contractor’s 's liability to the BOE, BOE if any, for overpayments by the BOE to the Contractor Contractors from Extension Years 1986-87 to through 1999-2000 (hereinafter expressed as “"Deductible Amount”) " that was the subject of consolidated litigation entitled, A.C. A. C. Transportation, Inc., et al., v. Board of Education of City of New York, et al., 253 A.D.2d 330, 687 N.Y.S.2d 1 (App.Div. 1 Dept. 1999), leave to appeal denied 00 X.X.0x 000, 000 N.Y.S.2d 382, 713 N.E.2d 417 (1999).

Interim Excessive Insurance and Fuel Cost Inflation Relief Provisions. For only so long as the Education Law does not provide reimbursement by the State of New York for automotive liability insurance, comprehensive general liability insurance, employee health care insurance, unemployment insurance, Worker’s Compensation Insurance and/or vehicle fuel cost increases, the Board does hereby agree for a limited time to suspend partially or totally the application of the two percent (2%) prompt payment discount to which the BOE is otherwise entitled under the Contract but only for contracts under Serial Nos. 00650070, 00757165, 81078108, 7263 G8805, G8891 and 9888 G9325 and only to the extent of the Contractor’s monthly and/or annual written proof of eligibility as hereinafter specified. The preceding sentence to the contrary notwithstanding, the extent of the Contractor’s eligibility to use its vehicle fuel cost increases to justify a suspension of the discount shall be reduced in the manner hereinafter specified at Paragraph (H)(7I)(7), et seq., by an amount equal to thirty percent (30%) of the Contractor’s liability to the BOE, if any, for overpayments by the BOE to the Contractor from Extension Years 1986-87 to through 1999-2000 (hereinafter expressed as “Deductible Amount”) that was the subject of consolidated litigation entitled, A.C. Transportation, Inc., et al., v. Board of Education of City of New York, et al., 253 A.D.2d 330, 687 N.Y.S.2d 1 (App.Div. 1 Dept. 1999), leave to appeal denied 00 X.X.0x 000, 000 N.Y.S.2d 382, 713 N.E.2d 417 (1999).

Interim Excessive Insurance and Fuel Cost Inflation Relief Provisions. For only so long as the Education Law does not provide reimbursement by the State of New York for automotive liability insurance, comprehensive general liability insurance, employee health care insurance, unemployment insurance, Worker’s 's Compensation Insurance and/or vehicle fuel cost increases, the Board does hereby agree for a limited time to suspend partially or totally the application of the two percent (2%) prompt payment discount to which the BOE is otherwise entitled under the Contract but only for contracts under Serial Nos. 0065, 0075, 8107, 7263 and 9888 and only to the extent of the Contractor’s 's monthly and/or annual written proof of eligibility as hereinafter specified. The preceding sentence to the contrary notwithstanding, the extent of the Contractor’s 's eligibility to use its vehicle fuel cost increases to justify a suspension of the discount shall be reduced in the manner hereinafter specified at Paragraph (H)(7), et seq., by an amount equal to thirty percent (30%) of the Contractor’s 's liability to the BOE, if any, for overpayments by the BOE to the Contractor Contractors from Extension Years 1986-87 to 1999-2000 (hereinafter expressed as “"Deductible Amount”") that was the subject of consolidated litigation entitled, A.C. A. C. Transportation, Inc., et al., v. Board of Education of City of New York, et al., 253 A.D.2d 330, 687 N.Y.S.2d 1 (App.Div. 1 Dept. 1999), leave to appeal denied 00 X.X.0x 000, 000 N.Y.S.2d 382, 713 N.E.2d 417 (1999).