Base Index definition
Examples of Base Index in a sentence
The difference between calendar quarter index average and Base Index listed in AT4a shall be the basis for quarterly escalation.
The difference between calendar quarter index average and Base Index listed in A4a shall be the basis for quarterly escalation.
Transformer ex-work price to be adjusted based on the ▇▇▇▇ Electric Power and Specialty Transformer Manufacturing Index (link: ▇▇▇▇▇://▇▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇/series/PCU335311335311) Price will be adjusted using the following methodology [Current Index / Base Index] * Quoted Transformer Price where: • Based Index is the value of ▇▇▇▇ in the month of quote • Current Index is the value of ▇▇▇▇ 6 months prior to the Delivery Date Price adjustment upwards or downwards will be applied to the last payment milestone.
The difference between cal- endar quarter index average and Base Index listed in AT4a shall be the basis for quarterly escalation.