Baseline Adjustment definition

Baseline Adjustment. The Monthly Resource Baseline for which a variance exists between (a) the Monthly Resource Baseline shown on Attachment 4-D (Resource Baselines) for such Resource Unit Category and (b) the DIR Customers’ actual usage of Resource Units in respect of such Resource Unit Category as of the Commencement Date, the original projected Monthly Resource Baseline for each Contract Year shall be increased or decreased (as applicable) in the aggregate (i.e. preserving the original trends over time of increase or decrease in consumption) by the amount of such variance. For clarification, if a Resource Unit Category was originally projected to have volume changes over the Term, then the baseline adjustment due to True-Up should preserve those projected variations.

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Baseline Adjustment means a change to the Baseline Energy Model necessitated by a Baseline Adjustment Event.

Baseline Adjustment means an adjustment to either the Baseline Consumption or Contract Baseline Consumption models that may be described in a Thermal Services Agreement associated with a Material Change. Baseline Adjustments, if applicable, will be established by a Project SPE, and agreed to by the State, in accordance with the methodology established by the International Performance Measurement and Verification Protocol for Non-Routine Baseline Adjustments.

Examples of Baseline Adjustment in a sentence

• In the event of disagreement as to whether an event constitutes a Baseline Adjustment Event, the opinion of the IESO shall govern.

• During the thirty (30) days after BREP delivers its analysis of any Material Change Adjustment and any Baseline Adjustments in connection with a Material Change, the Parties will meet to attempt to arrive at an agreement as to the proposed Material Change Adjustment or Baseline Adjustment pursuant to the provisions of Section 5.2.3. Any disputes regarding a proposed Material Change Adjustment or Baseline Adjustment will be resolved pursuant to ARTICLE 14 of the CEA.

• The Participant will inform IESO if any projects receiving electricity saving incentives and/or peak demand savings are commissioned after the Baseline Models, and this will trigger a Baseline Adjustment at the discretion of the IESO.

• The Option C Baseline Adjustment form at Appendix 4 shall be utilized for identifying the foregoing changes, expansions, additions, or conditions for Option C verification methodology years.

• Charges and credits with respect to the acceleration, delay or cancellation of * are handled by the charging/credit and pricing adjustment processes set forth in this Agreement, Annual Services Charge adjustments, the Transaction Document and its Schedules (e.g., Baseline Adjustment, ARCs, RRCs, New Services, benchmarking, etc.).

• In the event that Certegy's use of Resource Units increases or decreases ("Change" or "Changes"), or, if in Certegy's judgment, Certegy's use of such RUs will Change, and such Change is expected to continue for the foreseeable future, then Certegy may elect to have IBM set the applicable Actual Baseline(s) to the new actual or anticipated Resource Unit usage level (the "Actual Baseline Adjustment") and adjust the Annual Services Charge and Monthly Charge as described below.

• The applicable Unit Rate used to calculate Additional Charges and changes in the ASC and Monthly Charges when using the Actual Baseline Adjustment methodology is dependent upon the relationship of the Actual Baseline quantity of Resource Units or proposed Actual Baseline quantity of Resource Units to the Original Baseline quantity of Resource Units as follows.

• Charges and credits with respect to the acceleration, delay or cancellation of such upgrades and/or refresh are handled by the charging/credit and pricing adjustment processes set forth in this Agreement, Annual Services Charge adjustments, the Transaction Document and its Schedules (e.g., Baseline Adjustment, ARCs, RRCs, New Services, benchmarking, etc.).

• The Participant shall be required to report to the IESO the occurrence of any Baseline Adjustment Event, and to submit a request for a Baseline Adjustment together therewith within 60 days of becoming aware of such Baseline Adjustment Event.

• Charges and credits with respect to the acceleration, delay or cancellation of such upgrades and/or refresh are handled by the charging/credit and pricing adjustment processes set forth in this Agreement, Annual Services’ Charge adjustments, the Transaction Document and its Schedules (e.g., Baseline Adjustment, ARCs, RRCs, New Services, benchmarking, etc.).

More Definitions of Baseline Adjustment

Baseline Adjustment means a change to the Baseline Models necessitated by a Baseline Adjustment Event.

Baseline Adjustment means an adjustment to the Baseline Model necessitated in the circumstances described in Section 5.2, or in accordance with the M&V Guide.

Baseline Adjustment means a change made to a specific Baseline for an Individual Service Element.

Baseline Adjustment shall have the meaning ascribed in Clause 6.7.