Examples of Rate Adjustment in a sentence
Any Successor Rate, Alternative Rate, Adjustment Spread and the specific terms of any Benchmark Amendments, determined under this Condition 4.6 will be notified promptly by the Issuer to the Agent, or if applicable, Calculation Agent, the Paying Agents and, in accordance with Condition 13 (Notices), the Noteholders.
Any Successor Rate, Alternative Rate, Adjustment Spread and the specific terms of any Benchmark Amendments, determined under this Condition 4(b)(iii) will be notified promptly by the Issuer to the Agent, the Paying Agents and, in accordance with Condition 13, the Noteholders.
The Rate Adjustment Factor for the Rate Year shall equal the Total Rate Revenue Requirement (inclusive of calculations of Franchise Fees and Other Agency Fees) for the Rate Year divided by the Total Rate Revenue Requirement for the Current Rate Year, rounded to the nearest hundredth of a percent.
For example, if the 2021 Total Rate Revenue Requirement, calculated in accordance with subsections A through J, above, is $4,400,000, then dividing that amount by the Draft Rate Year 2020 total Rate Revenue Requirement of $4,289,634 yields a Rate Adjustment Factor, effective January 1, 2021, of an increase of 2.57% overall for the Town.
The below “Flow Rate Adjustment Factor” graph is the cost curve relating the treatment cost per thousand gallons as a function of overall size.