Common use of Volume Adjustments Clause in Contracts

Volume Adjustments. 38.1.3.1. While volume adjustments are catered for in Attachment G2, it is acknowledged that the actual volumes relating to the Services will be verified by the Service Provider during the Benchmarking Review with the result thereof to be agreed with Transnet and taken into consideration in the Benchmarking Review. 38.1.3.2. On a monthly basis, the Service Provider shall undertake an assessment of any volume adjustments and the Fees will be adjusted for any such volume changes provided that increases or decreases in volumes shall only result in a corresponding Fee increase or decrease, as the case may be, in instances where the volume increase or decrease is more than 5% (five percent) higher than the Agreed Volume Baseline.

Volume Adjustments. 38.1.3.136.1.3.1. While volume adjustments are catered for in Attachment G2Annexure I, it is acknowledged that the actual volumes relating to the Services will be verified by the Service Provider during the Benchmarking Review with the result thereof to be agreed with Transnet and taken into consideration in the Benchmarking Review. 38.1.3.236.1.3.2. On a monthly basis, the Service Provider shall undertake an assessment of any volume adjustments and the Fees will be adjusted for any such volume changes provided that increases or decreases in volumes shall only result in a corresponding Fee increase or decrease, as the case may be, in instances where the volume increase or decrease is more than 5% (five percent) higher than the Agreed Volume Baseline.