Indexation Date definition
Examples of Indexation Date in a sentence
Any such increase shall not exceed the relevant increase in the Relevant Index over the corresponding period from the last Price Indexation Date.
In the event the Taka appreciates against the Dollar between the Indexation Date used in invoicing for any month and the first Business Day following the payment date, BPDB shall receive a refund on the fifth Business Day following the Day the invoice for Month “m” is paid by BPDB (the “BPDB True-up Payment”).
This value will be Indexed on the Indexation Date in 2011 and on each subsequent Indexation Date during the Term of the Agreement.
On each Indexation Date, the Security Payment amount shall be indexed automatically as follows: the Security Payment amount due from the Lessee to the Lessor under the Preliminary Agreement is recognized as equal to the Total Security Amount as of the Indexation Date.
The Lessee shall replenish the amount of the Security Payment in order to meet the above indexation requirements by transferring additional funds to the Lessor towards the Security Payment within ten (10) Business Days from each Indexation Date.