Inflation Factor definition
Examples of Inflation Factor in a sentence
Liquidated damages shall be determined as follows: CPI Current (date breach discovered) / CPI Past (Commencement date) = IF IF x WV = WVB WVB x AF = Liquidated Damages IF = Inflation Factor The Inflation Factor is the change in the monthly Core Inflation Consumer Price Index Value from the Commencement Date to the date that breach is discovered by State.
The funding amount will be determined by applying further adjustments for the applicable Inflation Factor and the national pro-ration factor.
Details: ● After Agreement termination, the City will accept responsibility for at least 665 shelter units equal to or greater than the amount of then current Fiscal Year projected operational costs, plus an Inflation Factor increase.
If such parties cannot agree, the Gathering Fee during the Extended Term will be the average of the Gathering Fee for the final three (3) years of the Primary Term and will be subject to annual escalation by the Inflation Factor as defined in Section 4.5.
For the Programming in Exhibit 2, the City’s Funding commitment (i.e., the Funding to be paid to the County) during the Term is $25,186,923 for FY 2024-25 and, beginning in FY 2025-26, is $31,186,923 each Fiscal Year thereafter (during the Term) plus an annual Inflation Factor cost increase.