The Base Index definition

The Base Index. The Index in respect of the month of October 2009, as published on November 15, 2009;
The Base Index the Index known on the date recorded in the heading to the Agreement on the date on which it is signed.
The Base Index meaning: The index known at the time of entry into force of Special Framework Agreement No. between the Framework Supplier and Ayalon Highways Ltd, i.e., the index for the month of _ published on [date] _. Linkage differentials will be calculated in the following manner: If it becomes clear that from the last known index at the date of actual payment under this guarantee (hereinafter: the "Payment Index") that the payment index has increased compared to the base index, then the amount of the guarantee will be calculated when increased by the same rate as the index increase. For the avoidance of doubt, if it becomes clear that the payment index is equal to or lower than the base index, then no change in the amount of the guarantee will apply.

Examples of The Base Index in a sentence

  • The Base Index Figure shall be the figure for January, 201622 (Published February, 201622).

  • The Base Index Figure shall be the figure for January, 201723 (Published February, 201723).

  • The Base Index Figure shall be the figure for January, 2004 (Published February, 2004).

  • The Base Index Figure shall be the figure for January, 2019 (Published February, 2019).

  • The Base Index shall be the Consumer Price Index – All Urban Consumers (CPI-U), as published by the United States Department of Labor for November 2001 (Base Index of 100).


More Definitions of The Base Index

The Base Index the last Consumer Price Index known on the aforesaid Transaction Approval Date.
The Base Index. The Consumer Price Index in respect of the month of October which was published on November 15, 2006.
The Base Index. The April 2014 index that will be published on May 15, 2014.
The Base Index. As specified in the Special Conditions Appendix Appendix "A";
The Base Index means the American CPI index for February 1996 as published on 15th March 1996 or the Consumer Price Index for February 1996 (131.7 points, as the case may be, in accordance with the provisions of sub-clauses (c)(1) and (c)(2).
The Base Index means the index last published prior to the advance of the credit or any part thereof, in respect of such part of the credit.
The Base Index. The index in respect of the month of August 2010, as published on September 15, 2010;