Notice Adjustments Clause Samples
Notice Adjustments. Unless a later effective date is provided below, effective for Plan Years (and the notices issued therein) beginning after December 31, 2006, the Plan was amended to provide that the notice described in Section 13.05 would state consequences of a failure to defer and that the notice period in Sections 9.08, 12.03, 13.05 and 14.05 of the Basic Plan Document would be 180 days rather than 90 days.
(A) ¨ Later Effective Date: (cannot be later than the date the Plan was restated onto the Fidelity Volume Submitter)
Notice Adjustments. Subject to Section 5.2.4, LCC may increase or decrease the Base Electric Capacity as of January 1 of any year during the Term by giving advance notice to CLI of the amount of such adjustment, provided that:
5.2.1.1 each such notice shall be given at least 365 Days prior to the adjustment taking effect;
5.2.1.2 the amount of increase in Base Electric Capacity coming into effect on any January 1 (i) shall not exceed 2,000 kW unless each notice of increase in the Base Electric Capacity giving rise to such increase was given at least 730 Days prior to the increase coming into effect and (ii) shall not exceed 5,000 kW in any event; and
5.2.1.3 the amount of decrease in Base Electric Capacity coming into effect on any January 1 (i) shall not exceed 5,000 kW unless each notice of decrease in the Base Electric Capacity giving rise to such decrease was given at least 730 Days prior to the decrease coming into effect and (ii) shall not exceed 15,000 kW in any event.