Common use of Adjustment for Inflation Clause in Contracts

Adjustment for Inflation. For any funding obligation under a Non-ICP Interim Measure in Appendix D expressly made subject to adjustment for inflation, the following formula shall be applied at the time of payment: AD = D x (CPI-U t) / (CPI-Uo)) WHERE: AD = Adjusted dollar amount payable. D = Dollar amount prescribed in the Interim Measure. CPI-Ut = the value of the published version of the Consumer Price Index-Urban for the month of September in the year prior to the date a dollar amount is payable. (The CPI-U is published monthly by the Bureau of Labor Statistics of the federal Department of Labor. If that index ceases to be published, any reasonably equivalent index published by the Bureau of Economic Analysis may be substituted by written agreement of the Parties.) CPI-Uo = the value of the Consumer Price Index-Urban for the month and year corresponding to the Effective Date of this Settlement.

Appears in 9 contracts

Samples: Klamath Hydroelectric Settlement Agreement, Settlement Agreement, Klamath Hydroelectric Settlement Agreement

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Adjustment for Inflation. For any funding obligation under a Non-ICP Interim Measure in Appendix D expressly made subject to adjustment for inflation, the following formula shall be applied at the time of payment: AD = D x (CPI-U t) / (CPI/(CPI-Uo)) WHERE: AD = Adjusted dollar amount payable. D = Dollar amount prescribed in the Interim Measure. CPI-Ut = the value of the published version of the Consumer Price Index-Urban for the month of September in the year prior to the date a dollar amount is payable. (The CPI-U is published monthly by the Bureau of Labor Statistics of the federal Department of Labor. If that index ceases to be published, any reasonably equivalent index published by the Bureau of Economic Analysis may be substituted by written agreement of the Parties.) CPI-Uo = the value of the Consumer Price Index-Urban for the month and year corresponding to the Effective Date of this Settlement.

Appears in 5 contracts

Samples: Klamath Hydroelectric Settlement Agreement, Klamath Hydroelectric Settlement Agreement, Klamath Hydroelectric Settlement Agreement

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Adjustment for Inflation. For any funding obligation under a Non-ICP Interim Measure in Appendix D expressly made subject to adjustment for inflation, the following formula shall be applied at the time of payment: AD = D x (CPI-U t) / (CPI-Uo)) WHERE: AD = Adjusted dollar amount payable. D = Dollar amount prescribed in the Interim Measure. CPI-Ut = the value of the published version of the Consumer Price Index-Urban for the month of September in the year December prior to the date a dollar amount is payable. (The CPI-U is published monthly by the Bureau of Labor Statistics of the federal Department of Labor. If that index ceases to be published, any reasonably equivalent index published by the Bureau of Economic Analysis may be substituted by written agreement of the Parties.) CPI-Uo = the value of the Consumer Price Index-Urban for the month and year corresponding to the Effective Date of this Settlement.

Appears in 1 contract

Samples: Hydroelectric Settlement Agreement

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