FTE Index definition

FTE Index means [*]. In the event that such index becomes unavailable, the Parties will agree on an index to be used in substitution of such unavailable index within sixty (60) days after the date that such index is no longer available.
FTE Index means the Consumer Price Index for “All Urban Consumers”, U.S. City Average, All Items, 1982-84=100 as listed at ▇▇▇.▇▇▇.▇▇▇ (Series ID: CUUR0000SA0), which is the United States Department of Labor’s web site. In the event that such FTE Index ceases to be published or is significantly changed following December 2006, then the parties shall negotiate in good faith to select an appropriate successor index for the remainder of the Term.
FTE Index means the U.S. Department of Labor, Bureau of Labor Statistics published Index: Series Id: CUURA422SA0, Not seasonably Adjusted; Consumer Price Index; All Urban Consumers; Area: San Francisco-Oakland-San Jose, CA; Item: All Items; Base Period: 1982-84=100, available as of the Amendment Date at ▇▇▇▇://▇▇▇▇.▇▇▇.▇▇▇/cgi-bin/surveymost?cu. In the event that such index becomes unavailable, the Parties will agree on an index to be used in substitution of such unavailable index within sixty (60) days after the date that such index is no longer available.

Examples of FTE Index in a sentence

  • The increase in FTE rate, if any, with respect to each of the Codexis FTE rate and the CLH FTE rate, will be based on the change in the FTE Index during the most recent twelve (12) month period for which final, corrected data are available; provided, however, in the event that such change is a negative number, the relevant FTE rate shall remain unchanged for the subsequent Contract Year.

  • Notwithstanding the previous sentence, in the event that the index set forth on Schedule F (the “CLH FTE Index”) for a twelve (12) month period for which final, corrected data are available is greater than twice the FTE Index for such twelve (12) month period, the increase in FTE rate for CLH FTEs, but not for Codexis FTEs, will be based on the change in the CLH FTE Index.