Common use of Adjustment Formula Clause in Contracts

Adjustment Formula. a) The ‘base kilometer rate(s)’ shall be adjusted (up or down) on each of the ‘adjustment dates’ based on the difference in the ‘fuel price’ on the ‘adjustment date’ and the ‘base fuel rate’ multiplied by 1/10. b) Kilometer rates shall be rounded to four decimal places after the dollar ($0.0000).

Appears in 5 contracts

Sources: Collective Agreement, Collective Bargaining Agreement, Collective Agreement

Adjustment Formula. a) The base kilometer rate(s)’ rate(s)‟ shall be adjusted (up or down) on each of the adjustment dates’ dates‟ based on the difference in the fuel price’ price‟ on the adjustment date’ date‟ and the base fuel rate’ rate‟ multiplied by 1/10. b) Kilometer rates shall be rounded to four decimal places after the dollar ($0.0000).

Appears in 3 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement

Adjustment Formula. a) The base kilometer rate(s)’ rate(s)‟ shall be adjusted (up or down) on each of the adjustment dates’ dates‟ based on the difference in the fuel price’ price‟ on the adjustment date’ date‟ and the base fuel rate’ rate‟ multiplied by 1/10. b) Kilometer rates shall be rounded to four decimal places after the dollar ($0.0000).

Appears in 2 contracts

Sources: General Service Collective Agreement, Collective Agreement

Adjustment Formula. a) The ‘base kilometer rate(s)’ shall be adjusted (up or down) on each of the ‘adjustment dates’ based on the difference in the ‘fuel price’ on the ‘adjustment date’ and the ‘base fuel rate’ multiplied by 1/10. b) Kilometer rates shall be rounded to four decimal places after the dollar ($0.0000). This is not the official version.

Appears in 2 contracts

Sources: Collective Agreement, Collective Agreement

Adjustment Formula. a) The ‘base kilometer rate(s)’ shall be adjusted (up or down) on each of the ‘adjustment dates’ based on the difference in the ‘fuel price’ on the ‘adjustment date’ and the ‘base fuel rate’ multiplied by 1/10. b) Kilometer rates shall be rounded to four two decimal places after the dollar ($0.00000.00).

Appears in 1 contract

Sources: Collective Agreement

Adjustment Formula. a) The ‘base kilometer rate(s)’ shall be adjusted (up or down) on each of the ‘adjustment dates’ based on the difference in the ‘fuel price’ on the ‘adjustment date’ and the ‘base fuel rate’ multiplied by 1/10. This is not the official version. b) Kilometer rates shall be rounded to four decimal places after the dollar ($0.0000).

Appears in 1 contract

Sources: Collective Agreement

Adjustment Formula. a) The base kilometer rate(s)shall be adjusted (up or down) on each of the adjustment datesbased on the difference in the fuel priceon the adjustment dateand the base fuel ratemultiplied by 1/10. b) Kilometer rates shall be rounded . [km rate adjustment is added to four decimal places after the dollar ($0.0000).“base kilometer rate”]

Appears in 1 contract

Sources: Collective Agreement

Adjustment Formula. a) The ‘base kilometer rate(s)’ shall be adjusted (up or down) on each of the ‘adjustment dates’ based on the difference in the ‘fuel price’ on the ‘adjustment date’ and the ‘base fuel rate’ multiplied by 1/10. b) Kilometer rates shall be rounded to four decimal places after the dollar ($0.0000).

Appears in 1 contract

Sources: Collective Bargaining Agreement