Examples of Periodic Adjustment Date in a sentence
Any such adjusted Prices shall become applicable commencing with the relevant Periodic Adjustment Date.
I don't think it's appropriate for us to adjust the asset valuations until the plant starts to operate, but I know that the province of Saskatchewan, when it had a change of government, evaluated its asset, and I think the federal government also evaluated its investment in the Lloydminster upgrader.
At least one (1) year prior to each scheduled Periodic Adjustment Date and in accordance with Section 5.2.2 above, the Parties may (but are not required to), in good faith, negotiate the FMV Rent for the year following such Period Adjustment Date.
City shall make every effort to present the FMV Rent for approval to the Board prior to the Periodic Adjustment Date.
Either Lessee or City shall, when notified in writing by the other to do so, deliver to the other party the name and address of such appraiser (each, selected Qualified Appraiser, a “Main Appraiser”) no later than the date that is nine (9) months prior to the scheduled Periodic Adjustment Date.
If the parties cannot reach agreement on the rental rate(s) or the Board does not approve the agreed upon rental rate(s) as described in Article 1, Section 4.2.2.1 at least nine (9) months prior to the scheduled Periodic Adjustment Date, then the parties shall determine the Monthly Rent by the procedures described in Article 1, Sections 4.2.2.3 through 4.2.2.5 below.
Should City choose to adopt this adjustment option, City will provide written notice to Lessee no later than ten (10) months prior to the Periodic Adjustment Date of the intention to adjust land and improvements separately.
Any such adjusted Prices shall become applicable commencing on the relevant Periodic Adjustment Date.
At least one (1) year prior to the scheduled Periodic Adjustment Date and in accordance with Article 1, Section 4.2.2 above, the parties may (but are not required to), in good faith, negotiate the rental rate(s) applicable to the subject adjustment period(s) as referenced above.
Based on the result of the MAI appraisal, the Port may elect to withdraw its election as to a Periodic Adjustment Date and have the Annual Adjustment apply to such Adjustment Date.