Common use of Tariff adjustments Clause in Contracts

Tariff adjustments. At each Tariff Review the proposed Basic Tariff Rate determined according to the provisions of paragraph (2) or (3) of Section B above will be agreed for implementation on 1st January of the Year next following or on such later date as HEC may determine after consultation with the Government except that where a later date is determined the proposed Basic Tariff Rate will be adjusted so that the Net Return and Tariff Stabilisation Fund transfer for that Year will be the same as calculated at the Tariff Review.

Tariff adjustments. ‌‌‌‌‌‌ At each Tariff Review the proposed Basic Tariff Rate determined according to the provisions of paragraph (2) or (3) of Section B above will be agreed for implementation on 1st January of the Year next following or on such later date as HEC the Companies may determine after consultation with the Government except that where a later date is determined the proposed Basic Tariff Rate will be adjusted so that the Net Return and Tariff Stabilisation Fund transfer for that Year will be the same as calculated at the Tariff Review.Review.‌

Tariff adjustments. At each Tariff Review the proposed Basic Tariff Rate determined according to the provisions of paragraph (2) or (3) of Section B above will be agreed for implementation on 1st January of the Year next following or on such later date as HEC the Companies may determine after consultation with the Government except that where a later date is determined the proposed Basic Tariff Rate will be adjusted so that the Net Return and Tariff Stabilisation Fund transfer for that Year will be the same as calculated at the Tariff Review.

Tariff adjustments. ‌‌ At each Tariff Review the proposed Basic Tariff Rate determined according to the provisions of paragraph (2) or (3) of Section B above will be agreed for implementation on 1st January of the Year next following or on such later date as HEC may determine after consultation with the Government except that where a later date is determined the proposed Basic Tariff Rate will be adjusted so that the Net Return and Tariff Stabilisation Fund transfer for that Year will be the same as calculated at the Tariff Review.Review.‌‌‌