IGPM definition

IGPM. Indice Geral de Precos do Mercado" (General Index of Market Prices), published by Fun▇▇▇▇▇ ▇etulio Vargas, according to the published in Conjuntura Ec▇▇▇▇▇▇▇ ▇▇▇▇▇▇ne or any rating that may replace it as the indexing agent of the contract of concession, for purposes of readjustment of fees of Enersul, or, yet, in the lack of such, by the IGP-DI published by Fundacao Getulio Vargas, as published in Conjuntura Economica Magazi▇▇;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

IGPM means the General Market Price Index, published by the Getúlio Vargas Foundation.

IGPM. Índice Geral de Preços ▇▇ ▇▇▇▇▇▇▇ (General Market Price Index) computed by Fundação ▇▇▇▇▇▇▇ ▇▇▇▇▇▇;

Examples of IGPM in a sentence

• Any amounts which remain unpaid after the due date will be increased based on the variation of the IGP-M, from the due date until such amount is paid, and will be subject to a late charge equal to one percent (1%) per month, pro-rata-die.

• The excess monetary amount shall be adjusted by the IGP-M or any other index that may replace it.

• The amount of the penalty shall be adjusted by the IGP-M up to the date of the effective payment.

• In the event any of the Parties fails to timely comply with any payment obligation set forth in this Agreement, the unpaid amount shall accrue, cumulatively, from the date the payment should have been made until the date on which it is actually made: (i) monetary adjustment by IPCA or IGPM, whichever is greater; and (ii) default interest set at 1% (one percent) per month, calculated pro-rata die.

• The delay in payment of any payment obligation foreseen in this Agreement will make the Party in delay subject to payment of the value with the addition of a 10% (ten per cent) fine, as well as monetary restatement by the positive variation of the IGP-M index and delinquent interest of 1% (one per cent) per month, as of the date in which the respective payment becomes due until the effective and entire payment.

More Definitions of IGPM

IGPM means the Índice Geral de Preços — ▇▇▇▇▇▇▇, published by Fundação ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, or if such index ceases to be calculated or divulged, the inflation index officially appointed to replace it.

IGPM the General Index of Market Prices, calculate by the (foundation) Fundação ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ – FGV); [Note: no item “o)” in the original document]

IGPM means Índice Geral de Preços – Mercado, as published by Fundação Getúlio Vargas.

IGPM means ¥ndice de Preços ▇▇ ▇▇▇▇▇▇▇, the official inflation index published by Fundação ▇▇▇▇▇▇▇ ▇▇▇▇▇▇.

IGPM means the General Index of Prices in the Market ("Indice Geral de Pregos do Merc▇▇▇)" ▇f Getu▇▇▇ ▇▇▇▇▇▇ ▇▇▇ndation. CHAPTER II

IGPM means the General Price Index – Market, as disclosed by Fundação Getulio Vargas. "Independent Auditor" means the independent auditor registered with the CVM.

IGPM means "Indice Geral de Preços do Mercado" issued by Fundação Getúlio Vargas, as published in the Conjuntura Econômica magazine for the relevant calculation date or any successor index thereto.