Non-Fuel Component Sample Clauses

Non-Fuel Component. The non-fuel components shall be increased or decreased annually each May 1 by an amount equal to the percentage change, if any, in the weighted average in the cost components listed below for the fourth quarter of the preceding year over the fourth quarter for the second preceding year. The non-fuel component shall be defined and weighted as detailed below: Non-Fuel Sub-Components Component Weight Escalation Series --------- ------ ----------------- Wages 33.60% AAR RCR US Wage Index Supplements 13.80% AAR RCR US Wage Supplements Index Materials and Supplies 8.30% Producer Price Index - Industrial Commodities Excluding Fuel (preliminary) Other Expenses 11.70% AAR RCR US All Other Expenses Index Overhead 22.70% Producer Price Index - Industrial Commodities Excluding Fuel (preliminary) The overhead component for each rate shall be increased or decreased annually each May 1 by an amount equal to the percentage change, if any, in the Producer Price Index -- Industrial Commodities Excluding Fuel (preliminary) published by the Bureau of Labor Statistics for the fourth quarter of the preceding year over the fourth quarter of the year before the preceding year. The fourth quarter PPI for any year is obtained by calculating the simple average PPI for the months October, November and December of that year. For example, the May 1, 1996, Adjustment shall be based on any change in the calculated average index for October, November and December 1995 and the calculated average index for October, November, and December 1994.
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Related to Non-Fuel Component

  • Cost of Metering The Issuer shall not be obligated to pay any costs associated with the routine metering duties set forth in this Section 2, including the costs of installing, replacing and maintaining meters, nor shall the Issuer be entitled to any credit against the Servicing Fee for any cost savings realized by the Servicer as a result of new metering and/or billing technologies.

  • Equipment, Etc Each Grantor shall, (i) within ten (10) days after a written request by the Administrative Agent, in the case of Equipment now owned, and (ii) following a request by the Administrative Agent pursuant to subclause (i) above, within ten (10) days after acquiring any other Equipment, deliver to the Administrative Agent, any and all certificates of title, and applications therefor, if any, of such Equipment and shall cause the Administrative Agent to be named as lienholder on any such certificate of title and applications. No Grantor shall permit any such items to become a fixture to real estate or an accession to other personal property unless such real estate or personal property is the subject of a fixture filing (as defined in the UCC) creating a first priority perfected Lien in favor of the Administrative Agent.

  • Delivery Point Once Manufacture of the Products has been completed, Contractor shall be responsible for delivering the Finished Goods FCA, (as defined in Incoterms (2000) published by the International Chamber of Commerce) and to a freight forwarder specified by Company in its Order, or otherwise approved by Company. “Delivery Point” as used in this Agreement shall mean the specific time and location that the Product is delivered to the shipper specified on the Order.

  • Components Patheon will purchase and test all Components (with the exception of Client-Supplied Components) at Patheon’s expense and as required by the Specifications.

  • CONTRACT YEAR The first Contract Year is the period of time ending on the first contract anniversary. Subsequent Contract Years are the annual periods between contract anniversaries.

  • Maintenance and Repair; Return (a) Lessee, at its sole cost and expense, shall maintain each Property in good condition, repair and working order (ordinary wear and tear excepted) and in the repair and condition as when originally delivered to Lessor and make all necessary repairs thereto and replacements thereof, of every kind and nature whatsoever, whether interior or exterior, ordinary or extraordinary, structural or nonstructural or foreseen or unforeseen, in each case as required by Section 9.1 and on a basis consistent with the operation and maintenance of properties or equipment comparable in type and function to the applicable Property, such that such Property is capable of being immediately utilized by a third party and in compliance with standard industry practice subject, however, to the provisions of Article XV with respect to Casualty and Condemnation.

  • Delivery Points The measurement of and tests for quality of Shipper's Gas redelivered at the Delivery Points shall be governed by and determined in accordance with the requirements of the receiving pipeline at each Delivery Point.

  • COST OF THE WORK (1) The term “

  • Supply Price In event BTC exercises the Supply Option, the Supply Agreement shall afford Auxilium supply terms for Year 1 that are not less favorable than the average price afforded to Auxilium by the Back-Up Suppliers for the year immediately preceding the Supply Date and supply terms for each successive year that are not less favorable than the average price afforded to Auxilium by the Back-Up Suppliers for each preceding year as applicable.

  • Manufacturing Costs In the event of termination by Merck pursuant to Section 6.2, 6.3 or 6.6 above, Merck shall be entitled to [*****] (as defined herein) incurred by Merck for its Compound Delivered for the Study. [*****]

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