Common use of Indexed Strike Price Clause in Contracts

Indexed Strike Price. Commencing on January 1 of the calendar year following Commercial Operation, the Strike Price in any year "y" shall be adjusted to account for increases or decreases in CPI in accordance with the following calculation: where: × ) + 0.2 × ( = 0.8 × SPy is the Strike Price applicable in calendar year "y" during the Support Period; SPBid is the Strike Price specified in Schedule 1, prior to any adjustment for increases or decreases in CPI; CPICOD is: (a) for a Facility in respect of which the Commercial Operation Date falls between January 1 and June 30 (inclusive) in a calendar year, the CPI applicable to the month of December in the immediately preceding calendar year; and (b) for a Facility in respect of which the Commercial Operation Date falls on or after July 1 in a calendar year, the CPI applicable to the month of December in such calendar year; and CPIy is the CPI for the month of December immediately preceding the commencement of calendar year "y".

Indexed Strike Price. ‌ Commencing on January 1 of the calendar year following Commercial Operation, the Strike Price in any year "y" shall be adjusted to account for increases or decreases in CPI in accordance with the following calculation: where: × ) � + 0.2 × ( � = 0.8 × SPy is the Strike Price applicable in calendar year "y" during the Support Period; SPBid is the Strike Price specified in Schedule 1, prior to any adjustment for increases or decreases in CPI; CPICOD is: (a) for a Facility in respect of which the Commercial Operation Date falls between January 1 and June 30 (inclusive) in a calendar year, the CPI applicable to the month of December in the immediately preceding calendar year; and (b) for a Facility in respect of which the Commercial Operation Date falls on or after July 1 in a calendar year, the CPI applicable to the month of December in such calendar year; and CPIy is the CPI for the month of December immediately preceding the commencement of calendar year "y".

Indexed Strike Price. ‌ Commencing on January 1 of the calendar year following Commercial Operation, the Strike Price in any year "y" shall be adjusted to account for increases or decreases in CPI in accordance with the following calculation: where: = 0.8 × ) + 0.2 × ( = 0.8 � × � where: SPy is the Strike Price applicable in calendar year "y" during the Support Period; SPBid is the Strike Price specified in Schedule 1, prior to any adjustment for increases or decreases in CPI; CPICOD is: (a) for a Facility in respect of which the Commercial Operation Date falls between January 1 and June 30 (inclusive) in a calendar year, the CPI applicable to the month of December in the immediately preceding calendar year; and (b) for a Facility in respect of which the Commercial Operation Date falls on or after July 1 in a calendar year, the CPI applicable to the month of December in such calendar year; and CPIy is the CPI for the month of December immediately preceding the commencement of calendar year "y".;