Adjusted Base Price definition

Adjusted Base Price is defined in Section 6.1.2(a)(ii).

Adjusted Base Price means the Base Price, as adjusted in accordance with the escalation formula contained in Exhibit E pursuant to Section 7.02.

Adjusted Base Price for each Grade, the Base Price adjusted as provided in Article VIII.D hereof for changes in wood pulp prices, [******] and Extraordinary Costs, as applicable.

Examples of Adjusted Base Price in a sentence

• Accordingly, the adjustment to the then-current Base Price (or the relevant Market Adjusted Base Price, as applicable) pursuant to this Section 3.3.1 may be applied retroactively.

• Within fifteen (15) days after the initial submission of the proposed Market Adjusted Base Prices, the Parties shall each submit any rebuttal to the other Party’s proposed Market Adjusted Base Price, to the arbitrator and to the other Party.

• Except for disputes regarding the determination of the Market Adjusted Base Price, which shall be settled in accordance with Section 3.4, any controversy, claim, counterclaim, dispute, difference or misunderstanding arising out of or relating to the interpretation or application of this Agreement (a “Dispute”), shall be resolved by the Parties in accordance with this Article 14.

• Within thirty (30) days after the submission of any rebuttals, or the last day of the fifteen (15) day period in which to submit rebuttals if no rebuttals are submitted, the arbitrator shall select the Market Adjusted Base Price proposed by one of the Parties as the Market Adjusted Base Price for the following Contract Year for the purposes of this Agreement, and shall notify the Parties in writing of the Market Adjusted Base Price that has been selected by the arbitrator.

• In the absence of the occurrence of sufficient transactions since January 1st of the Contract Year prior to the Contract Year in which negotiations are occurring, the Parties may rely upon other relevant market information to establish market prices to determine the Market Adjusted Base Price.

More Definitions of Adjusted Base Price

Adjusted Base Price has the meaning specified in Article IX.

Adjusted Base Price has the meaning given in Clause 2.2;

Adjusted Base Price means the amount to be paid by Buyer to Seller per BTU's of steam energy delivered to Buyer hereunder, at Buyer's Metering Station, from July 1, 1990 until the termination of this Agreement. During such period, the Adjusted Base Price shall be computed as follows: During each Contract Year commencing July 1, 1990 through the life of this Agreement, the Adjusted Base Prices (both the "Standard Adjusted Base Price" and the "Premium Adjusted Base Price") shall be computed for the ensuing Contract Year by using the Base Prices or Adjusted Base Prices for the Contract Year having just ended, and increasing or decreasing such Base Prices or Adjusted Base Prices by a percentage equal to the corresponding percentage increase or decrease, as the case may be, between Seller's Total Costs for each of the two immediately preceding Contract Years; provided, however, that regardless of any, increase or decrease in Seller's Total Cost, the Adjusted Base Price for the Contract Year commencing July 1, 1990 and ending June 30, 1991 shall not be less than $ per MMBTU (herein sometimes referred to as "Standard Adjusted Base Price"); and provided further that, if the average usage during any twelve (12) hour period during the Contract Year commencing July 1, 1990 and ending June 30, 1991 is less than pounds of Useable Steam per hour for reasons other than Buyer's Scheduled Maintenance, the Adjusted Base Price for any such twelve (12) hour period shall be not less than $ per MMBTU (herein sometimes referred to as "Premium Adjusted Base Price").

Adjusted Base Price shall equal the the purchase price paid by Owner for the Property plus any prepayment fees paid by Owner at the time Owner purchased the Property (the "Base Price") which Base Price is equal to xxxxxxxxxxxxxDollars ($xxxxxxxxxxxx), plus an amount, if any, to compensate for any increases in the housing component of the Consumer Price Index, San Francisco-Oakland-San Jose, California, published periodically by the United States Department of Labor, Bureau of Labor Statistics (“Index”). For that purpose, the Index effective as of the date of this Agreement shall be compared with the latest Index available on the date the Property was last occupied in compliance with the Agreement. The percentage increase in the Index, if any, shall be computed, and the Base Price shall be adjusted by that percentage to calculate the Adjusted Base Price.

Adjusted Base Price shall have the meaning given in Section 10.2.2(b).

Adjusted Base Price shall be determined quarterly by increasing or decreasing the Base Price for each percentage point of change, or proportionately for fractional parts of a percentage point of change, to reflect changes in the following indices. The Base Price will be allocated per the index weights detailed below. The first five indices shall be based upon the preliminary indices for November (for the January 1 adjustment), February (for the April 1 adjustment), May (for the July 1 adjustment) and August (for the October 1 adjustment). The [*] shall be the preliminary indices for the third quarter of the prior year (for the January 1 adjustment), fourth quarter of the prior year (for the April 1 adjustment), first quarter of the current year (for the July 1 adjustment) and second quarter of the current year (for the October 1 adjustment). The [*] index shall be based on the [*] on December 15 (for the January 1 adjustment), March 15 (for the April 1 adjustment), June 15 (for the July 1 adjustment) and September 1 (for the October 1 adjustment). Index Index Source Weight Base [*] [*] 1 [*]% [*] [*] [*] [*] 1 [*]% [*] [*] [*] [*] 2 [*]% [*] [*] [*] [*] 2 [*]% [*] [*] [*] [*] 2 [*]% [*] [*] [*] 3 [*]% [*] [*] [*] 4 [*]% [*] [*] Source:

Adjusted Base Price is the Initial Base Price, as adjusted by adding (A) 0.00001% of the value of all equity investments in the Company which are made on or after the Grant Date through the date immediately preceding the Vesting Trigger Date and (B) the accumulated interest calculated daily on (x) the Initial Base Price minus $10.00 and (y) the amount described in A from the date of each such investment through the date immediately preceding the Vesting Trigger Date, both at an annual rate equal to 15%.