Common use of Reference Indices Clause in Contracts

Reference Indices. Except as otherwise provided in Appendix 3, if any index, tariff or price quotation referred to in this EPA ceases to be published, or if the basis therefor is changed materially, there shall be substituted an available replacement index, tariff or price quotation that most nearly, of those then publicly available, approximates the intent and purpose of the index, tariff or price quotation that has so ceased or changed. This EPA shall be amended as necessary to accommodate such replacement index, tariff or price quotation, all as determined by written agreement between the Parties, or failing agreement, by arbitration under section 22.6.

Appears in 1 contract

Sources: Electricity Purchase Agreement (Mercer International Inc.)

Reference Indices. Except as otherwise provided in Appendix 3, if If any index, tariff or price quotation referred to in this EPA ceases to be published, or if the basis therefor is changed materially, there shall will be substituted an available replacement index, tariff or price quotation that most nearly, of those then publicly available, approximates the intent and purpose of the index, tariff or price quotation that has so ceased or changed. This EPA shall be amended as necessary to accommodate such replacement index, tariff or price quotation, all as determined by written agreement between the Parties, or failing agreement, by arbitration under section 22.68.5.

Appears in 1 contract

Sources: Electricity Purchase Agreement

Reference Indices. Except as otherwise provided in Appendix 3, if If any index, tariff or price quotation referred to in this EPA ceases to be published, or if the basis therefor is changed materially, there shall will be substituted an available replacement index, tariff or price quotation that most nearly, of those then publicly available, approximates the intent and purpose of the index, tariff or price quotation that has so ceased or changed. This EPA shall will be amended as necessary to accommodate such replacement index, tariff or price quotation, all as determined by written agreement between the Parties, or failing agreement, by arbitration under section 22.6.Section 12.1 of this EPA.β€Œ

Appears in 1 contract

Sources: Electricity Purchase Agreement

Reference Indices. Except as otherwise provided in Appendix 3, if If any index, tariff or price quotation referred to in this EPA ceases to be published, or if the basis therefor is changed materially, there shall will be substituted an available replacement index, tariff or price quotation that most nearly, of those then publicly available, approximates the intent and purpose of the index, tariff or price quotation that has so ceased or changed. This EPA shall will be amended as necessary to accommodate such replacement index, tariff or price quotation, all as determined by written agreement between the Parties, or failing agreement, by arbitration under section 22.6Section 12.1 of this EPA.

Appears in 1 contract

Sources: Electricity Purchase Agreement