Tariff Adjustment Clause Samples

Tariff Adjustment. The amount determined by the Delhi Electricity Regulatory Commission in terms of Articles

Tariff Adjustment. The provider is entitled to unilaterally change the tariffs and to adjust them as necessary. If the customer does not agree to the adjusted subscription prices, they may terminate this Agreement by registered mail as of the date of the adjustment.

Tariff Adjustment. The Tariff (TAR) shall be a fixed rate during this Agreement and shall only be adjusted to account for fluctuations in exchange rate (if any). For this purpose, TAR is split into a foreign and a local currency portion as follows: TARfor = 0.0731 JD/kWh TARloc = 0.0119 JD/kWh The Tariff adjustment is then calculated as follows: TARn = TARfor * (EXRn/EXRbase) + TARloc TARn = Tariff payable in Billing Month n TARfor = Foreign currency portion of TAR as defined above TARloc = Local currency portion of TAR as defined above EXRn = JD / US$ exchange rate applicable in Billing Month n EXRbase = 0.70845 JD / US$ Where:

Tariff Adjustment. Commentary:

Tariff Adjustment. In the event that new or increased import tariffs, duties, fees, or assessments (“Tariffs”) are imposed on goods or services provided under this Agreement, any resulting additional costs shall be shared equally between the Parties (50% University, 50% Contractor). The Contractor shall provide reasonable supporting documentation detailing the specific Tariff increases and demonstrating the impact on costs, sufficient for the University to evaluate and confirm its share of the adjustment. If such Tariffs are subsequently reduced or repealed, the Contractor shall promptly credit the University’s account with its proportionate share (50%) of any applicable cost savings.

Tariff Adjustment. The network operator is entitled to unilaterally change the tariffs and to adjust them as necessary to suit new circumstances.