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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 />adjustments 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 Stattenent for such month issued to the <br />~~~ <br />,~~,; <br />County under Paragraph 128 here 4.~~~.,er. A _,sa~mple calculation is provided in <br />Exhibit G. ~~~~ ~`{~ ~~~"'~ <br />-,,.. <br />124. GWP Adjustment. The commercial terms setj tort, ~ s Agreement assume a <br />Global Warming Potential (GWP) for methane of twenty-one (21)calculate the Environmental <br />Benefits that will result fr ii~~"~~G Project's destruction of methane. Payments to the County <br />„~ ~~~;• <br />will be adjusted as : ~al~h Belo ..~;, o the extent that the GWP for methane changes during the <br />~, f "'' <br />'~ ' a. , <br />Term of this Agreement as t~llb~s t' <br />~;;;~~. <br />a. For any month in.`fw.~;ch the GWP of methane is twenty-three (23) or greater, as <br />~:~ <br />~,~ ~„ <br />accepted under any L~~-s 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 />