Common use of Adjustment Limitations Clause in Contracts

Adjustment Limitations. If the parties agree or the Independent MSW Expert determines that a service fee adjustment requires Contractor expenditures or increased service fees that exceeds any of the following amounts, the Contractor or County who would experience the excessed amount may terminate this Contract: (1) Contractor’s Caps. o $xxxx [INSERT: based on Transfer Contractor’s initial investment] at any one time or o $xxxx [INSERT: based on Transfer Contractor’s initial investment] aggregated over the previous five years from the date of the determination, or o xx% [INSERT: based on initial service fee] at any one time, or o xx% [INSERT: based on initial service fee] aggregated over the previous five years from the date of the determination. (2) County Cap: Tipping fee increases would be more than: • 10% at any one time, or • 25% aggregated over the previous five years from the date of the determination.

Adjustment Limitations. If the parties agree or the Independent MSW Expert determines that a service fee adjustment requires Contractor expenditures or increased service fees that exceeds any of the following amounts, the Contractor or County who whoever would experience the excessed amount may terminate this Contract: (1) Contractor’s Caps. o • $xxxx [INSERT: based on Transfer Disposal Contractor’s initial investment] at any one time or o • $xxxx [INSERT: based on Transfer Disposal Contractor’s initial investment] aggregated over the previous five years from the date of the determination, or o • xx% [INSERT: based on initial service fee] at any one time, or o • xx% [INSERT: based on initial service fee] aggregated over the previous five years from the date of the determination. (2) County Cap: Tipping fee increases would be more than: • 10% at any one time, time or • 25% aggregated over the previous five years from the date of the determination.