Testing and Adjustment Sample Clauses

Testing and Adjustment. Upon reasonable notice, Customer shall make Service available to Veracity for such testing and adjustment as the Company deems necessary to maintain the furnishing of Service at satisfactory levels.
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Testing and Adjustment. Xxxxxxxxx-Americas shall inspect and calibrate the Output Meters at least once every three (3) contract years. Either Party may request an inspection and calibration of the other Party's meters. The cost of the inspection and calibration shall be paid by the Party that owns the meters; provided, however, that the Party requesting such inspection and calibration shall reimburse the costs if no correction is made. If any such calibration shows a measurement error of two percent (2%) or less, or such lower percentage as may be established by tariff applicable to a retail customer, then no correction shall be made. If Confidential Treatment any such calibration shows a measurement error of more than two percent (2%), or such lower percentage as may be established by tariff applicable to a retail customer, a retroactive correction shall be made for the period during which the measurement instruments were in error, by using the period of inaccuracy if such period can be determined, or a check meter, if installed and registering accurately. If the period of inaccuracy cannot be determined, or a check meter is not installed and registering accurately, the retroactive correction shall be made for one-half (1/2) of the period elapsed since the last date the meter was inspected and calibrated. If the last inspection and calibration occurred more than six (6) Months before, such inspection and calibration shall be deemed to have occurred six (6) Months before. In addition, the meter shall be adjusted immediately at the expense of the Party owning such meter so as to measure accurately.
Sample 1
Testing and Adjustment. At its sole cost and expense, Carr xxxll inspect and calibrate, or cause to be inspected and calibrated, all Output Metering Equipment and Fuel Metering Equipment periodically, but not less frequently than annually. If any such test shows a measurement error of more than (a) two percent (2%) or such lower percentage as may be established by applicable tariff, in the case of Fuel Metering Equipment or Output Metering Equipment measuring Market Steam, or (b) one-quarter percent (1/4%) in the case of other Output Metering Equipment, a retroactive correction shall be made for the period during which the measurement instruments were in error, by using CPS's check meter(s) if installed and registering accurately. If no such check meters are installed and registering accurately, or if the period of error cannot be reasonably ascertained, correction shall be made for one-half (1/2) of the period elapsed since the last test date, and, in any such case, the measuring instruments shall be adjusted immediately at Carr'x xxxense so as to measure accurately.
Sample 1
Testing and Adjustment. At HES’ cost and expense an independent third party chosen by Owner and approved by HES shall regularly test, certify, calibrate and inspect all Fuel Gas Metering Equipment and Fuel Measurement Scales, but no less frequently than annually. HES shall deliver to Owner all scale certification reports for the Fuel Measurement Scales. If any such test shows a measurement error of more than (i) two percent in the case of the Fuel Gas Metering Equipment or (ii) two percent in the case of Fuel Measurement Scales, then a retroactive correction of that equipment shall be made for the period during which the equipment was in error, or if the period of error cannot be reasonably ascertained, for one-half of the time elapsed since the date of the last test.
Sample 1
Testing and Adjustment. The Audiovisual Integrator shall perform all tests and ad- justments, furnish all test equipment necessary and perform all work required to properly configure the systems and to verify their performance in accordance with the information in this Specification and the Integrator’s approved engineered de- signs. Completed Testing check-lists will be provided to the CM for review and ap- proval by the Audiovisual Consultant.
Sample 1

Related to Testing and Adjustment

  • Year-End Adjustment If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment advisory fees waived or reduced and other payments remitted by the Adviser to the Fund or Funds with respect to the previous fiscal year shall equal the Excess Amount.

  • Prorations and Adjustments The following shall be prorated and adjusted between Seller and Buyer as of the Closing Date, except as otherwise specified:

  • Closing Prorations and Adjustments The prorations set forth in this Section 6.5 shall be on a Property-by-Property basis and not among, or between, Properties, and shall not be allocated on an Applicable Share basis.

  • Minimum Adjustment The adjustments required by the preceding sections of this Article IV shall be made whenever and as often as any specified event requiring an adjustment shall occur, except that no adjustment of the Exercise Price or the number of shares of Common Stock issuable upon exercise of the Warrants that would otherwise be required shall be made unless and until such adjustment either by itself or with other adjustments not previously made increases or decreases by at least 1% the Exercise Price or the number of shares of Common Stock issuable upon exercise of the Warrants immediately prior to the making of such adjustment. Any adjustment representing a change of less than such minimum amount shall be carried forward and made as soon as such adjustment, together with other adjustments required by this Article IV and not previously made, would result in a minimum adjustment. For the purpose of any adjustment, any specified event shall be deemed to have occurred at the close of business on the date of its occurrence. In computing adjustments under this Article IV, fractional interests in Common Stock shall be taken into account to the nearest one-hundredth of a share.

  • CPI Adjustment In this Agreement, “CPI-Adjusted” in reference to an amount means that amount is adjusted under the following formula: N  C  (1 CPIn  CPIc ) CPIc where: ”N” is the new amount being calculated; and “C” is the current amount being adjusted; and

  • Final Adjustment As soon as practicable, the Company will prepare and deliver to Centerprise a final calculation of Net Working Capital revised to reflect all collections of AR up to the date 180 days from the Closing Date. Centerprise will review such calculation and any records, work papers and other documents related thereto. Within 10 days of receipt of such calculation, Centerprise will deliver to the Member Representative a written report indicating the amount and nature of any adjustment to the Basic Purchase Consideration determined in accordance with Section 2.2.1 (the "Final Adjustment").

  • Section 754 Adjustment To the extent an adjustment to the adjusted tax basis of any Partnership asset pursuant to Code Section 734(b) or Code Section 743(b) is required, pursuant to Regulations Section 1.704-1(b)(2)(iv)(m)(2) or Regulations Section 1.704-1(b)(2)(iv)(m)(4), to be taken into account in determining Capital Accounts as the result of a distribution to a Holder in complete liquidation of his interest in the Partnership, the amount of such adjustment to the Capital Accounts shall be treated as an item of gain (if the adjustment increases the basis of the asset) or loss (if the adjustment decreases such basis) and such gain or loss shall be specially allocated to the Holders in accordance with their interests in the Partnership in the event that Regulations Section 1.704-1(b)(2)(iv)(m)(2) applies, or to the Holders to whom such distribution was made in the event that Regulations Section 1.704-1(b)(2)(iv)(m)(4) applies.

  • Distributions and Adjustments (a) If any Shares vest subsequent to any change in the number or character of the Common Stock of the Company without additional consideration paid to the Company (through any stock dividend or other distribution, recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of shares or otherwise), you shall then receive upon such vesting the number and type of securities or other consideration which you would have received if such Shares had vested prior to the event changing the number or character of the outstanding Common Stock.

  • Form of Warrant after Adjustments The form of this Warrant need not be changed because of any adjustments in the Warrant Price or the number and kind of Securities purchasable upon the exercise of this Warrant.

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