Current Tariff definition
Examples of Current Tariff in a sentence
If during the Term, in any year, there is a Significant Change in Costs (which for purposes of this Method shall be defined as a five percent (5%) or more increase in Fuel Costs beyond the amounts budgeted for Fuel Costs in the Initial Budget or applicable Subsequent Budget, as the case may be), such Significant Change in Costs shall be reflected in a corresponding adjustment to the Current Tariff.
The Price Bureau shall consider the Seller's application for such an adjustment and shall inform the Seller of the Price Bureau's decision on the mid-year Current Tariff adjustment within sixty (60) days of the Seller's submission of the application for such adjustment.
The amounts in the Initial Budget which are adopted by the Seller's board of directors, as adjusted for fluctuations in the exchange rate, shall be the basis for determining the initial Current Tariff which shall be payable by the Purchaser.
The Seller estimates that the initial Current Tariff will be [***].
In the event a Change of Law adversely affects Seller's expected financial benefit under this Contract, the Purchaser agrees to compensate Seller by adjusting the Current Tariff as set forth in the Electric Tariff Adjustment Method.
Current Tariff Regulation is 1/2013 (VII.11.) and its modifications issued by MEKH (Hungarian Regulatory and Office).
The Subsequent Budget shall contain specific line items and cost estimates for the various components of the Current Tariff defined in Section 6 hereof, and where appropriate, adjustments to such costs for fluctuations in the exchange rate.
Such amounts in a Subsequent Budget also shall be the basis for any adjustments to the Current Tariff to be made pursuant to Section 8 hereof during such applicable Subsequent Tariff Period.
The initial Current Tariff shall be determined based on the Seller's actual investment in the Power Station at the Commencement of Operations Date in accordance with the Method.
The amounts in a Subsequent Budget which are adopted by the Seller's board of directors, as adjusted for fluctuations in the exchange rate and for the differences between actual and budgeted costs, shall be the basis for determining the Current Tariff which shall be payable by the Purchaser in applicable Subsequent Tariff Periods.