GDP-IPD definition

GDP-IPD means the Gross Domestic Product Implicit Price Deflator as published in the Survey of Current Business by the U.S. Department of Commerce, Bureau of Economic Analysis.
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GDP-IPD shall have the meaning specified in Section 3.05 of this Lease Agreement.
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GDP-IPD is the value published for the Gross Domestic Product Implicit Price Deflator by the U.S. Department of Commerce, Bureau of Economic Analysis in the publication Survey of Current Business, Table 7.1 (being on the basis of 1987 = 100), in the third month following the end of the applicable quarter. If that index ceases to be published, any reasonably equivalent index published by the Bureau of Economic Analysis may be substituted. If the base year for GDP-IPD is changed or if publication of the index is discontinued, the Licensee shall promptly make adjustments or, if necessary, select an appropriate alternative index to achieve the same economic effect. END OF PROPOSED FERC LICENSE ARTICLE 410 FOR THE WEST FORK PROJECT
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Examples of GDP-IPD in a sentence

  • At the beginning of each Contract Year (i.e., January 1), thereafter, the Start Up Charge shall be adjusted by the change in the GDP-IPD from the GDP-IPD value on the previous January 1 (or June 1 in the case of the first Contract Year).

  • For all pounds U3O8 delivered hereunder, the price (“Purchase Price”) to Seller shall be: The simple average of (A) US$[REDACTED] per pound escalated from the 4th quarter of calendar year 2003 until the last day of the quarter immediately prior to the delivery quarter by the changes in the U.S. GDP-IPD index, and (B) the Market Price.

  • If the U.S. GDP-IPD is discontinued or the basis of its calculation is substantially modified, an index which can reasonably be expected to produce approximately the same results shall be substituted by mutual agreement of the parties.

  • NGDP = GDP-IPD for the third quarter of the year before the adjustment date.

  • Values to be escalated by GDP-IPD will be increased or decreased as of January 1 of each year commencing January 1, 1996 by the percentage change in the index number of the GDP-IPD for the third calendar quarter of the year immediately preceding such January 1 from the index number of the GDP-IPD for the fourth quarter of 1992.

  • U.S. GDP-IPD means the most recent Gross Domestic Product Implicit Price Deflator Index published by the US Department of Commerce, Washington, DC, Bureau of Economic Analysis National income and Wealth Division; “Survey of Current Business” through the end of the quarter preceding the quarter in which delivery occurs.

  • Maximum adjustment for GDP-IPD on an annual basis is [_ _ _ _] increase or decrease from prior year.

  • GDPIPD (base) = the final GDPIPD as published by the Department of Commerce for the third quarter of 1995.

  • IGDP = GDP-IPD for the third quarter of the year before the previous adjustment date (or, in the case of the first adjustment, the third quarter of the year before the Effective Date).

  • For any Calendar Year Quarter ending after January 1, 1999, the arithmetic average of the PPI Inflation Index and the GDPIPD Inflation Index.


More Definitions of GDP-IPD

GDP-IPD means the final Gross Domestic Product Implicit Price Deflator ------- Index published for each quarter by the United States Department of Commerce, or, if such index is discontinued, such other comparable replacement index as the parties designate.
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GDP-IPD is the value published for the Gross Domestic Product Implicit Price Deflator by the United States Department of Commerce, Bureau of Economic Analysis in the publication Survey of Current Business, in the third month following the end of the applicable quarter. If that index ceases to be published, any reasonably equivalent index published by the Bureau of Economic Analysis may be substituted upon approval by the Commission. If the base year for “GDP-IPD” is changed or if publication of the index is discontinued, the licensee shall notify the Commission as soon as possible and recommend, after consultation with the Settlement Agreement Parties, adjustments or an alternative index that achieves the same economic effect.
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GDP-IPD means the Gross Domestic Product Implicit Price Deflator as published in the Survey of Current Business by the U.S. Department of Commerce, Bureau of Economic Analysis. In the event the basis for the GDP-IPD is substantially modified or such index is discontinued, the appropriate adjustment to the Index Value or selection of a substitute index, as applicable, shall be made by agreement of the Parties. If the index is converted from one base period to a new base period, U.S. Department of Commerce re-basing factors will be applied so that the basis for determining the percentage change between the index is not altered;
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GDP-IPD is the value published for the Gross Domestic Product Implicit Price Deflator by the U.S. Department of Commerce, Bureau of Economic Analysis in the publication Survey of Current Business, Table 7.1 (being on the basis of 2000 = 100), in the third month following the end of the applicable quarter. If that index ceases to be published, any reasonably equivalent index published by the Bureau of Economic Analysis may be substituted by the agreement of the agency and the Licensees. If the base year for GDP-IPD is changed or if publication of the index is discontinued, the Licensees shall promptly make adjustments or, if necessary, select an appropriate alternative index acceptable to the agency to achieve the same economic effect.
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GDP-IPD means the Gross Domestic Product Implicit Price Deflator index as first published as the advance number by the U.S. Department of Commerce, Bureau of Economic Analysis (base period of 2000 = 100). The percent change in GDP-IPD shall be rounded to the nearest third decimal point. The resulting inflation-adjusted amount shall be paid over twenty-four (24) equal installments during the Year and invoiced as provided under Section 7.6(a). 2008 Constant Dollars 2008 [***********] 2009 [***********] 2010 [***********] 2011 [***********] 2012 [***********] 2013 [***********] 2014 [***********] 2015 [*********] 2016 [*********] 2017 [*********] 2018 [*********] For example, where the following GDP-IPD index figures are hypothetical only: Fourth Quarter 2007 First Published Index Value = 121 ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇11 First Published Index Value = 140 2012 Corporate Support Allowance in Constant 2008 Dollars = [***********] Therefore, to calculate the 2012 adjusted Corporate Support Allowance amount: ( 140 / 121 ) = 1.157 * [**********] = [**********] [**********] / 24 invoices per Year = [**********] per invoice *************** Notwithstanding the fact that the Corporate Support Allowance amounts above are not subject to audit or justification, the Corporate Support Allowance is intended to reflect the following areas and types of support provided to TWCC by its parent(s):
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Related to GDP-IPD

  • GDP or “Gross Domestic Product” for the purposes of this LOA means the expenditure side value of all goods and services produced in British Columbia for a given year as stated in the BC Economic Accounts;

  • Adult exploitation means the illegal, unauthorized, improper, or fraudulent use of an adult as

  • Massive Multiauthor Collaboration Site (or “MMC Site”) means any World Wide Web server that publishes copyrightable works and also provides prominent facilities for anybody to edit those works. A public wiki that anybody can edit is an example of such a server. A “Massive Multiauthor Collaboration” (or “MMC”) contained in the site means any set of copyrightable works thus published on the MMC site.

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  • GDPR means the Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation).