Annual Index Clause Samples
Annual Index. The number calculated by dividing the Association Acreage Assessment for the current calendar year (commencing with 1992) by the Association Acreage Assessment for 21 the previous calendar year. The Annual Index shall be determined in January of each year 22 commencing in 1992. The Annual Index shall be calculated to four (4) decimals and rounded to three (3). Rounding shall be done by dropping the fourth (4th) decimal when it is less than
Annual Index. The number calculated by dividing the U.S. Department of Commerce's 17 final estimate of the Implicit Gross Domestic Product Price Deflator 18 for the third quarter of the most recently completed year by the value of that same 19 quantity for the third quarter of the previous year. The Annual Index shall be 20 determined in January of each year commencing in 1996.