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 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.
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Baseline Adjustment means a change to the Baseline Energy Model necessitated by a Baseline Adjustment Event.
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Examples of Baseline Adjustment in a sentence

  • Southern California Edison Proposed Revision Definition of Baseline Adjustment An adjustment that modifies the Baseline to reflect correct for actual conditions immediately prior to or during a Demand Response Event to provide a better estimate of the energy the Demand Resource would have consumed but for the Demand Response Event.

  • This exercise yielded an adjustment to the initial scaling factor to better represent the market share of “in-scope” LED products that are within the priority product categories list (shown in Table 2-2).• Step 2 – 2017 Baseline Adjustment: One distributor provided sales data over a three-year period (2016 – 2018) without a “date sold” field tied to each product, so these data points were normalized to the 2017 analysis year.

  • 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.

  • Because Goodwin was incarcerated on other charges at the time, Detective Conway faxed the arrest warrant to Union County jail as a detainer.

  • Action is likely only if there is strong backing from the Commission or an influential member government.

  • Energy Incentive Program: Baseline Adjustment Process Memorandum.

  • The older the students get, the bigger or more complex the projects usually become.

  • Failure to provide monthly utility bills and data within 30 days of owner’s receipt of utility data shall be grounds for CONTRACTOR to modify the Performance Guarantee in the form of an Energy Accounting Baseline Adjustment or termination of the contract.

  • During the Trial Period of the Program (April 1 – June 30, 2102), Operating Units may request further information about or seek an adjustment of their baseline by following the procedure outlined in the attached Baseline Adjustment Process Memorandum dated April 1, 2012.

  • If there are no New NOX Budget Units for which allocations must be calculated, the Alternate Baseline Adjustment Ratio is the total number of tons of NOX emissions in the State trading program budget divided by the total number of NOX allowances calculated for baseline and replacement NOX Budget units for a control period prior to any adjustments.


More Definitions of Baseline Adjustment

Baseline Adjustment means a change to the Baseline Models necessitated by a Baseline Adjustment Event.
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Baseline Adjustment shall have the meaning ascribed in Clause 6.7.
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Baseline Adjustment means a change made to a specific Baseline for an Individual Service Element.
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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.
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Related to Baseline Adjustment

  • Lot line adjustment means the relocation of the property boundary line in a

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • True-Up Adjustment means any Semi-Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.8(a).

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Increased Assessed Value means, for each Fiscal Year during the term of this Agreement, the amount by which the Current Assessed Value for such year exceeds the Original Assessed Value. If the Current Assessed Value is less than or equal to the Original Assessed Value in any given Tax Year, there is no Increased Assessed Value in that year.

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • SOFR Adjustment means 0.10% (10 basis points).

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • Value Adjustments means cash lending revenues and other revenues on collateral in respect of a Series of ETP Securities.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Credit Adjustment shall have the meaning specified in Section 3.02.

  • Final Adjustment Amount shall have the meaning set forth in Section 2.5(e).

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • ISDA Fallback Adjustment means the spread adjustment (which may be a positive or negative value or zero) that would apply for derivatives transactions referencing the ISDA Definitions to be determined upon the occurrence of an index cessation event with respect to the Benchmark for the applicable tenor.

  • Adjusted Value as used in subdivision (d) means:

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • Baseline means the “Initial Small Business Lending Baseline” set forth on the Initial Supplemental Report (as defined in the Definitive Agreement), subject to adjustment pursuant to Section 3(a).

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Cost of Living Adjustment means the percentage (if any) by which the Consumer Price Index for the month of October preceding the adjustment ex- ceeds the Consumer Price Index for the month of October one year before the month of October preceding date of the adjustment.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.