Indexation Formula definition

Indexation Formula has the meaning given in Clause 6.2.

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Indexation Formula means IEm = IEBASE x (b/a);

Indexation Formula the formula set out in paragraph 2 of Part 2 of Schedule 6 (Annual Contract Price Review) which shall be used in calculating the amount by which the Reviewable Items shall be adjusted on each Annual Contract Price Review Date

Examples of Indexation Formula in a sentence

The indices utilised in the Indexation Formula set out in Clause 6 of Section 1 or elsewhere in this Agreement shall be determined in accordance with the following provisions of this Clause 8.02, unless otherwise agreed between the Parties.
Standing Charge Rate Indexation Formula A ÷ B x C Where: A = the average outturn of the Standing Index for the year to the most recent (i.e. immediately previous) October; B = the average outturn of the Standing Index for the year to the most recent but one (i.e. the immediately previous but one) October; AND C = the applicable Standing Charge (i.e. the day rate) inclusive of all prior indexation in the then current Contract Year.
The Gross Availability Payment (GAP) and the Availability Value shall be indexed on the Contract Date and thereafter once a year on 1 January in accordance with the Indexation Formula given in Schedule 2 (Payment Mechanism), paragraph 1.2 (Indexation of Gross Availability Payment and the Availability Value).
In the application of the Indexation Formula the latest figures needed to calculate RPI2, PSE2 and FMP2 which are available on the last Day of the Quarter prior to that for which T is being calculated (whether the same are published in final or provisional form) shall be used to calculate the adjusted tariff and save as expressly specified in Clause 8.02 of Section 2 shall not be adjusted consequent upon such figures being subsequently published or made available in amended form.
All calculations pursuant to the calculation of the Indexation Formula within this Clause 6.2 shall be truncated to eight (8) decimal places and the final output of T shall be rounded to four (4) decimal places.
The Indexation Formula is as follows: [•] Index figuret = 100% + Σ (an * in) in which: [•] 0 ≤ an ≤ [•] and Σ (an) ≤ [•]5 and in = (in,t-2 / in,t-1) - 100% Index figuret = index figure for year t.
All calculations pursuant to the calculation of the Indexation Formula within this Clause 6.2 shall be truncated to eight (8) decimal places and the final output of T rounded to four (4) decimal places.
The Indexation Formula offered by the Tenderer is part of the Tender.
The Indexation Formula offered by the Tenderer is part of the quantitative part of the Tender.
In the application of the Indexation Formula the latest figures needed to calculate RPI2, PSE2 and FMP2 which are available on the last Day of the Quarter prior to that for which T is being calculated (whether the same are published in final or provisional form) shall be used to calculate the adjusted tariff and save as expressly specified in clause 8.02 of Section 2 shall not be adjusted consequent upon such figures being subsequently published or made available in amended form.

More Definitions of Indexation Formula

Indexation Formula means the following formula in accordance with which the payments required under this agreement shall be adjusted upwards only fro the date of this Agreement to the date of payment:- A x B = D C A is the payment pursuant to the relevant clause; B is the figure shown in the BCIS Index for the period immediately prior to the date of payment; C is the figure shown in the BCIS Index for the period immediately prior to the date of this Agreement ; D is the recalculated sum for payment

Indexation Formula has the meaning set forth in Section 2.11 of Exhibit 8 (Payment Mechanism).

Indexation Formula means = ( × ) + ( × ) + ( ×

Indexation Formula means IEn = (IECn × CPIn) + (IELn × LCIn) + (IEnoin × NZTAnoin)