Rebasing Clause Samples
Rebasing. If any index quotations, including for greater certainty, CPI and the Wage Rate Escalator, is expressed with an index base period (the period in which the index is set to equal 100) and such base period is changed, then where required for a calculation to be made herein, the replaced base period may be recalculated to reflect the new base period based on the following formula: I h:t = I g:t I g:h x 100
Rebasing. (a) If a Loan is denominated in an Optional Currency, the Agent shall on the Quotation Day for each Interest Period of that Loan (other than the first Interest Period) calculate the amount of the relevant Loan in the Optional Currency for that Interest Period (by calculating the amount of Optional Currency equal to the Base Currency Amount of that Loan at the Agent’s Spot Rate of Exchange) and (subject to paragraph (b) below) if the amount calculated is less than the existing amount of that Loan in the Optional Currency during the then current Interest Period, promptly notify the Borrower and the Borrower shall pay, on the last day of the that Interest Period, an amount equal to the difference.
(b) If the calculation made by the Agent pursuant to paragraph (a) above shows that the amount of the relevant Loan in the Optional Currency for the relevant Interest Period has decreased by less than 5% since it was borrowed or (if later) the most recent adjustment made under paragraph (a) above, no notification shall be made by the Agent and no payment shall be required under paragraph (a) above.
Rebasing. The Company has not made a disposal to which Section 35 TCGA applies.
Rebasing. The STATE agrees not to rebase the base rates for risk adjustment during the term of this contract. Base rates are provided in Exhibit II.
Rebasing. No Ivy Group Company has made a disposal to which Section 35 TCGA applies.
Rebasing. The STATE agrees not to rebase the base rates for long term care risk adjustment during the term of this contract. Long term care base rates are provided in Exhibit II.
Rebasing. The Company has made no disposal to which Section 35 TCGA applies.
Rebasing. No Group Company has made a disposal to which Section 35 TCGA applies.
Rebasing
