Rate Adjustments Sample Clauses
The Rate Adjustments clause defines how and when the rates charged under an agreement may be changed during its term. Typically, this clause outlines the conditions under which rate increases or decreases can occur, such as periodic reviews, changes in market indices, or the occurrence of specific events like regulatory changes. Its core practical function is to provide a clear mechanism for modifying pricing, ensuring both parties understand how future costs may fluctuate and reducing the risk of disputes over unexpected rate changes.
POPULAR SAMPLE Copied 8 times
Rate Adjustments. 1. Taxes applicable to the gas delivered to Buyer hereunder as are in effect on January 1•1 immediately preceding the effective date of these terms and conditions shall be added to Buyer's ▇▇▇▇. The term 'tax' as used herein shall mean any tax, license fee, or charge applicable to the gas delivered hereunder, imposed on Seller by any governmental authority on such gas. If the existing rate of any such tax in effect an January 1•1, immediately preceding the effective date of these terms and conditions, be hereafter increased or decreased, or If any tax heretofore in effect or hereafter be imposed or repealed, \he resulting Increase or decrease in such taxes, computed on acents per dekatherm basis, shall be reflected, as the case may be, on Buyer's ▇▇▇▇.
2. Any applicable surcharge or special charges ordered by the Commission or any other duly constituted regulatory body shall be Included in addition to \he price of gas computed In accordance with the terms of the Service Agreement. BILLIN
1. Bills computed from readings taken of Seller's meters shall be rendered and paid monthlywith ten (10) days of the billing date. Amonth shall mean a perlod beginning on the first recognized work day of the calendar month and ending on the first recognized work day of the next succeeding calendar month, or at such other equivalent period as Seller may deem necessary. Should Buyer fail to pay any amount due to Seller when same Is due, a late payment charge of one and one half percent (1 Y, %) will be added to any balance remaining twenty-1lve (25) days after the billing date. If such failure to pay continues, Seller may suspend deliveries of gas hereunder. The exercise of such right shall be in addition to any and all other remedies available to Seller.
2. If it shall be found that Buyer has been overcharged or undercharged In any fomn whatsoever under the provision hereunder, Seller shall take action to correct such billing pursuant to current Rules and Regulations governing gas systems issued by the South Carolina Public Service Commission.
Rate Adjustments. 1. Taxes applicable to the gas delivered to Buyer hereunder as are in effect on January 1•1 immediately preceding the effective date of these terms and conditions shall be added to ▇▇▇▇▇'s bill. The term "tax' as used herein shall mean any tax, license fee, or charge applicable to the gas delivered hereunder, imposed on Seller by any governmental authority on such gas. If the existing rate of any such tax in effect on January 1st, immediately preceding the effective date of these terms and conditions, be hereafter increased or decreased, or if any tax heretofore in effect or hereafter be imposed or repealed, the resulting increase or decrease in such taxes, computed on a cents per dekatherm basis, shall be reflected, as the case may be, on Buyer's bill.
2. Any applicable surcharge or special charges ordered by the Commission or any other duly constituted regulatory body shall be included in addition to the price of gas computed in accordance with the terms of the Service Agreement. t
Rate Adjustments. Customer agrees that NCSWM may proportionately increase the service fees charged pursuant to this Agreement or add additional surcharges to adjust for any increase in: disposal, fuel and environmental costs; transportation costs; the Consumer Price Index; the average weight per container yard of the Customer's Waste Materials; and costs due to uncontrollable circumstances (including, without limitation, changes in tribal, state, or federal laws or regulations, imposition of fees or other governmental charges assessed against or passed through to NCSWM and acts of God such as floods, fires, terrorist acts, etc.). Payment of such increased service fees or additional surcharges shall not be withheld by the Customer. Increases in the service fees or additional surcharges for reasons other than those set forth in this Agreement requires the consent of the Customer which may be demonstrated verbally, in writing, or by the actions and practices of the parties.
Rate Adjustments. Carrier may not adjust Individual Product Line rates during a Policy Year. Carrier may adjust Small Employer Product Line rates on a quarterly basis.
Rate Adjustments. 1. Taxesapplicablteothe gas deliveredtoBuyerhereunderas are ineffectonJanuary1= immediately precedingthe effectivedateofthese termsandconditions shallbe addedto Buyer's bill. Theterm"tax"as usedhereinshallmeananytax, license fee,or chargeapplicabletothe gasdeliveredhereunder,imposedonSeller byanygovernmentaal uthorityon suchgas. If the existingrateof any suchtaxineffectonJanuary1", immediatelyprecedingthe effectivedateofthese termsandconditions,behereafterincreasedor decreased,or if any tax heretoforien effector hereafterbe imposedor repealed,the resultingincreaseor decreaseinsuchtaxes,computedona centsperdekathermbasis, shallbe reflecteda, s the casemaybe,onBuyer'sbill.
2. Anyapplicablesurchargeor specialchargesorderedby the Commissionor any otherdulyconstitutedregulatorybodyshallbe includedin additionto the priceofgas computedin accordancwe iththetermsofthe ServiceAgreemenL
1. Billscomputedfromreadingstakenof Seller'smeters shallberenderedandpaidmonthlywithten(10)daysof thebillingdate. A monthshallmeana periodbeginningon thefirst recognizedworkdayofthecalendarmonth andendingon the firstrecognizedworkdayofthenextsucceedingcalendarmontho, r atsuchotherequivalenpt eriodas Sellermay deemnecessaryS. houldBuyerfailto payany amountduetoSellerwhensameis due,a late paymentchargeof oneandonehalfpercent(1 ½ %)willbeaddedto any balance
Rate Adjustments. Prospective adjustments to the rates may be required if there are mandated changes in Medicaid services to the managed care population provided through this Contract as a result of legislative, executive, regulatory, or judicial action. Changes, including programmatic changes, applicable to this Contract mandated by state or federal legislation, or executive, regulatory or judicial mandates, shall take effect on the dates specified in the legislation or mandate. In the event of such changes, any rate adjustments shall be made through the Contract amendment process. The Contractor is free to negotiate provider rates and methodologies that are tied to Medicaid fee- for-service reimbursement, but such ties shall not be considered to have any direct impact on rates. Changes to fee-for-service provider reimbursement rates or methodologies which may be mandated by legislative, executive, regulatory or judicial action shall not be considered as an impact to the Contractor that must be considered in setting and/or adjusting rates unless those changes are explicitly required under this Contract.
Rate Adjustments. The Energy Credits provided from PMPA to its Utilities are credited at an avoided cost for energy exported to the grid by the Utilities’ Customers. From time to time, PMPA may change the Rates for Energy Credits in effect due to changing wholesale costs. If a change occurs, PMPA will notify its Utilities of the change and when the new effective date will occur. The Utility will be responsible for notifying its Customers.
Rate Adjustments. The payment rates as stipulated in Attachment B of this Contract may be adjusted by CalOptima during the Contract period to reflect implementation of Federal or State laws or regulations, changes in the State budget, the Government Contract(s) or the Government Agencies’ policies, changes in Covered Services and/or by CalOptima Board actions. If the Government Agency(ies) has provided CalOptima with advance notice of adjustment, CalOptima shall provide notice thereof to County as soon as practicable.
Rate Adjustments. 1. Taxes applicable to the.gas delivered to Buyer hereunder as are in effect on January 1st immediately preceding the effective date of these terms and conditions shall be added to Buyer's bill. The term "tax" as used herein shall mean any tax, license fee, or charge applicable to the gas delivered hereunder, imposed on Seller by any governmental authority on such gas. If the existing rate of any such tax in effect on January 1st, immediately preceding the effective date of these terms and conditions, be hereafter increased or decreased, or if any tax heretofore in effect or hereafter be imposed or repealed, the resulting increase or decrease in such taxes, computed on a cents per dekatherm basis, shall be renected, as the case may be, on Buyer'S bill.
2. Any applicable surcharge or special charges ordered by the Commission or any other duly constituted regulatory body shall be included in addition to the price of gas computed in accordance with the terms of the Service Agreement
1. Bills computed from readings taken of Seller's meters shall be rendered and paid monthly with ten (10) days of the billing date. A month shall mean a period beginning on the first recognized work day of the calendar month and ending on the first recognized work day of the next succeeding calendar month, or at such other equivalent period as Seller may deem necessary. Should Buyer fail to pay any amount due to Seller when same is due, a late payment charge of one and one half percent (1 %%) will be added to any balance remaining (25) days after the billing date. If such failure to pay continues, Seller may suspend deliveries of gas hereunder. The exercise of such right shall be in addition to any and all other remedies available to Seller.
2. If it shall be found that Buyer has been overcharged or undercharged in any. form whatsoever under the provision hereunder; Seller shall take action to correct such bliling pursuant to current Rules and Regulations governing gas systems issued by the South Carolina Public Service Commission.
Rate Adjustments. 1. Taxes applicable to the gas delivered to Buyer hereunder as are In effect on January 1•t Immediately preceding the effective date of these tenns and conditions shall be added to Buye(s bill. The tenn 'tax" as used herein shall mean any tax, license fee, or charge applicable to the gas delivered hereunder, Imposed on Seller by any governmental authority on such gas. If the existing rate of any such tax in effect on January 1ot, Immediately preceding the effective date of these terms and conditions, be hereafter Increased or decreased, or if any tax heretofore In effect or hereafter be Imposed or repealed, the resulting Increase or decrease In such taxes, computed on a cents per dekatherm basis, shall be reflected, as the case may be, on bill.
2. Any applicable surcharge or special charges ordered by the Commission or any other duly constituted regulatory body shall be Included In addition to the price of gas computed In accordance with the terms of the Service Agreement. ·---..-·· -----· ---··..-·-·-.-- --- ----· .