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61 <br />Percentage is adjusted in January 2015 from sixteen and six-tenths percent <br />(16.6%) to fourteen percent (14.0%), the Conversion Percentage shall reset to <br />sixteen and six-tenths percent (16.6%) for purposes of calculating any <br />adjushnents to the Conversion Percentage for the month of February 2015. <br />e. The University shall reflect any adjustments to the Flare and Conversion <br />Percentages made under this Paragraph 123, including the underlying <br />calculations, in the monthly Billing Statement for such month issued to the <br />~:.~ <br />County under Paragraph 128 here `uz~c~er. A .sample calculation is provi e m <br />Exhibit G. ~` <br />~ '~~, <br />124. GWP Ad,~ustment. The commercial terms set t'urt~~ ~ s Agreement assume a <br />^4 <br />,~. nary'''., <br />Global Warming Potential (GWP) for methane of twenty-one (21) ~~ calculate the Environmental <br />Benefits that will result <br />will be adjusted as~s`~~,~i~~l <br />;~ <br />Term of this Agreement as ` <br />a. For any month iri <br />Project's destruction of methane. Payments to the County <br />the extent that the GWP for methane changes during the <br />the GWP of methane is twenty-three (23) or greater, as <br />accepted under any L~ivs regulating the GHG emissions of the University, or, in <br />the absence of such Laws, as provided in the then-current General Reporting <br />Protocol for the Voluntary Reporting Program published by The Climate <br />Registry, then the University shall make a payment to the County in the Monthly <br />Billing Statement for such month equal to twenty-five percent (25%) of the <br />product that results from multiplying the (i) lesser of the Average Market Price of <br />Emissions Allowances or the Forecasted Carbon Price for such month by (ii) the <br />38 <br />{00018638.DOC 16} <br />