Current Period definition
Examples of Current Period in a sentence
The economic adjustment shall be calculated as follows: New Price = Old Price x (Current Period Index/Base Period Index).
The Company shall pay to the Reinsurer, as promptly as possible, all amounts due the Reinsurer it receives from the Insured under the Policy (including without limitation, any premium, optional policy cancellation fee and amounts paid under Section VII thereof (Loss Adjustments; Application of Current Period Deal Modification Loss Amount)); provided, however, in no event later than five (5) business days after the Company receives any such amount under the Policy.
The “Current Period Index” is the average of the most recent twelve months of BLS Index values, and the “Base Period Index” is the average of the twelve months of BLS Index values prior to the Current Period Index.
The economic adjustment shall be calculated with index code 492, Couriers and Messengers, as follows: New Price = Old Price x (Current Period Index/Base PCU492).
The economic adjustment shall be calculated as follows New Price = Old Price x (Current Period Index/Base Period Index).