Common use of Adjustment Factor Clause in Contracts

Adjustment Factor. A Monthly Price Adjustment Factor (“Adjustment Factor”) will be determined each month as follows, using the difference between the Base and the MACMP for the month PRIOR to the month in which purchases are made. (For instance, the March 2014 Adjustment Factor will be based on the MACMP published for February 2014) : If the MACMP is within ± 5% of the Base, there will be no adjustment. If the MACMP is more than 105% of the Base, then: Adjustment Factor = (MACMP) - (1.05 x Base) If the MACMP is less than 95% of the Base, then: Adjustment Factor = (MACMP) - (0.95 x Base)

Adjustment Factor. A Monthly Price Adjustment Factor (“Adjustment Factor”) An adjustment factor will be determined each month as follows, using the difference between the Base and the MACMP for the month PRIOR prior to the month in which purchases are made. a purchase is made (For for instance, the adjustment factor for purchases made in March 2014 Adjustment Factor 2025 will be based on the MACMP published for February 2014) : 2025 MACMP): If the MACMP is within ± 5% of the Base, there will be no adjustment. If the MACMP is more than 105% of the Base, then: Adjustment Factor factor = (MACMP) - (1.05 x Base) If the MACMP is less than 95% of the Base, then: Adjustment Factor factor = (MACMP) - (0.95 x Base)