Rates Applicable During the 2013 Calendar Year Sample Clauses

Rates Applicable During the 2013 Calendar Year. On or before July 1, 2012, Company shall submit an application for adjustment of rates to be applicable for the 2013 calendar year. This application shall be based on the audited financial statements for the preceding complete fiscal year. The application shall be submitted in the same or similar format as that described below. Company shall assemble and submit such information as necessary to support assumptions made with regard to forecasts used to develop their requested rate schedule. Company shall provide all information requested by District as part of its review of Company's application including, but not limited to, all information from related party entities by District regarding any transactions between Company and those related party entities. District, or its representative, will review Company's application for compliance with this Agreement, accuracy and reasonableness. The District Board of Directors shall set rates calculated to provide adequate revenues for Company to properly comply with its obligations under this Agreement. This Agreement does not contemplate a guaranteed level of return (profit) for Company, nor does District, through the rate setting process, assume responsibility to guarantee revenues to cover all market or business risks, unreasonable operational costs, or losses due to business judgment. Rates shall be established based on the forecasted annual cost of operations, profit, and forecasted pass-through expense reviewed as set forth below.
Sample 1
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Related to Rates Applicable During the 2013 Calendar Year

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