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<br />SECTION 11.3. BASE FEE... ......................... ................... ..... ........ .....................................75 <br /> <br />(A) Base Fee Formula.............. ... .............................................................. 75 <br />(B) Basis of Fixed Component .................................................................. 75 <br />(C) Annual Adjustment of Fixed Fee .........................................................76 <br />(D) Influent Parameter Group Election...................................................... 76 <br />SECTION 11.4. VARIABLE COMPONENT........ ..................................... ......... ...................... 76 <br />(A) Variable Component Generally............................................................ 76 <br />(B) Loadings Adjustment Element.......................................... .......... ........ 77 <br />(C) Flow Adjustment Element.... ...............................................................77 <br />SECTION 11.5. PASS-THROUGH COST COMPONENT ........................................................ 77 <br /> <br />(A) Electricity.............,............................................................ .......... .......77 <br /> <br />(B) Chemicals.......................................................................................... 78 <br /> <br />(C) Insurance.................... ....................................................................... 78 <br />(D) Corrective Maintenance .......... ............................................................78 <br />SECTION 11.7. ADJUSTMENT FACTORS ..................................................,........................78 <br />SECTION 11.8. BILLING AND PAYMENT ........................................................ ............... .....80 <br /> <br />(A) Billing................................................................................................ 80 <br /> <br />(B) Payment............................................................................................. 80 <br />SECTION 11.9. ESTIMATES AND ADJUSTMENTS ......................... ............................ ......... 80 <br />(A) Pro Rata Adjustments......................................................................... 80 <br /> <br />(B) Budgeting........................................... ............................................... 80 <br />(C) Adjustment to Service Fee................................................................... 80 <br />SECTION 11.10. ANNUAL SETTLEMENT ............................................................ .......... ........81 <br />SECTION 11.11. BILLING STATEMENT DISPUTES ............................................................... 81 <br />SECTION 11.12. COMPLIANCE WITH INTERNAL REVENUE SERVICE REV. PROC. 97-13 ....81 <br /> <br />ARTICLE XI BREACH, DEFAULT, REMEDIES AND TERMINATION <br /> <br />SECTION 12.1. REMEDIES FOR BREACH.......................................................................... 84 <br />SECTION 12.2. EVENTS OF DEFAULT BY THE COMPANY ................................................. 84 <br />(A) Events of Default Not Requiring Previous Notice or Further Cure <br />Opportunity for Termination............................................................... 84 <br />(B) Events of Default Requiring Previous Notice and Cure Opportunity <br /> <br />for Termination ............................................................................,..... 85 <br />(C) Other Remedies Upon Company Event of Default .......................... ...... 85 <br />(D) Limitation on Termination Damages ............ ................................... ....86 <br />SECTION 12.3. EVENTS OF DEFAULT BY THE CITy................... ....................... ................86 <br />(A) Events of Default Permitting Termination............................................ 86 <br />(B) Notice and Cure Opportunity .............................................. ..... ..... ......87 <br />(C) Termination Liquidated Damages During the Initial Term.............. ......87 <br />(C) Other Remedies Upon Company Event of Default ................................87 <br />SECTION 12.5. CITY CONVENIENCE TERMINATION DURING THE MANAGEMENT <br /> <br />PERIOD..................................................................................................... 87 <br />(A) Termination Right and Fee.................................................................. 87 <br />(B) Uncontrollable Circumstances... .........................................................88 <br />(C) Corporate Integrity.................... ...............................,.........................88 <br />(D) Payment of Amounts Owing Through the Termination Date .................88 <br />(E) Termination Fee Payment Contingent Upon Surrender of Possession... 88 <br />(F) Adequacy of Termination Payment..................................................... .88 <br />(G) Consideration for Convenience Termination Payment ..........................88 <br />(H) Completion or Continuance by City..................................................... 89 <br /> <br />(I) Employment. ...................................................................................... 89 <br />SECTION 12.6. OBLIGATIONS OF THE COMPANY UPON TERMINATION OR EXPIRATION.. 89 <br />(A) Company Obligations......................... ................................................89 <br />(B) Hiring of Company PersonneL......... ....................................................90 <br />(C) Continuity of Service and Technical Support....................................... 91 <br /> <br />(vi) <br />