Common use of Timing of Adjustments Clause in Contracts

Timing of Adjustments. Adjustments to service fees described in clause (i) shall be made— (I) initially, at the time at which ini- tial development costs of the system have been recovered by the Adminis-

Appears in 2 contracts

Sources: Long Term Storage Designation, Long Term Storage Designation

Timing of Adjustments. Adjustments to service fees described in clause (i) shall be made— (I) initially, at the time at which ini- tial development costs of the system have been recovered by the Adminis-Adminis- trator such that the service fee may be reduced to reflect the elimination of the system development component of the fee; and

Appears in 1 contract

Sources: Long Term Storage Designation