Common use of Rate Redetermination Clause in Contracts

Rate Redetermination. Rates may be rede- termined as set forth in this Section. Bid Premium Rates shall be added to all redetermined rates, except as pro- vided in B3.31, B3.32, and B3.33.‌‌ Rate redeterminations shall be made in accordance with the standard Forest Service methods in effect 45 days prior to rate redetermination. Such methods shall take into consideration factors that may affect timber value at rate redetermination date. Redetermined rates shall not be less than Base Rates listed in A4, except for reduction under B3.31, B3.32, or B3.33. Required Deposits shall be redeter- B3.33 Rate Redetermination for Market‌‌‌ mined. Redetermined Specified Road construction cost is subject to the limitations of B5.26.

Appears in 9 contracts

Samples: Integrated Resource Timber Contract, Integrated Resource Timber Contract, Integrated Resource Timber Contract

AutoNDA by SimpleDocs

Rate Redetermination. Rates may be rede- termined as set forth in this Section. Bid Premium Rates shall be added to all redetermined rates, except as pro- vided in B3.31, B3.32, and B3.33.‌‌ Rate redeterminations shall be made in accordance with the standard Forest Service methods in effect 45 days prior to rate redetermination. Such methods shall take into consideration factors that may affect timber value at rate redetermination date. Redetermined rates shall not be less than Base Rates listed in A4, except for reduction under B3.31, B3.32, or B3.33. Required Deposits shall be redeter- B3.33 Rate Redetermination for Market‌‌‌ Market‌‌‌‌‌‌‌‌‌‌‌ mined. Redetermined Specified Road construction cost is subject to the limitations of B5.26.

Appears in 1 contract

Samples: Integrated Resource Timber Contract

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!