Return on Equity. The annual return on equity (“▇▇▇”) for Alberta Clipper Canada will be equal to the NEB multi-pipeline rate plus a 225 basis point adjustment. If the NEB ceases to publish a multi-pipeline rate during the Term, the Parties will meet to agree on a new benchmark to which will be applied the 225 basis point adjustment (or such other basis point adjustment as shall result in an ▇▇▇ that is reasonably equivalent to the NEB multi-pipeline rate plus 225 basis points). If such agreement is not forthcoming within 90 days, then the amount of the ▇▇▇ shall be subject to the dispute resolution provisions set forth in Paragraph 15 hereof.
Appears in 2 contracts
Sources: Settlement Agreement, Settlement Agreement