Price Index Increase definition

Price Index Increase means the percentage increase between the Price Index in effect as of the month of each and every Adjustment Date over the Price Index in effect as of the month of the Commencement Date. The Price Index Increase shall be calculated as of each and every Adjustment Date for the purpose of adjusting the Base Compensation, the Annual Repair and Maintenance Limit, the Baseline Power Rate and the Baseline Tip Fee
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Price Index Increase. An amount determined by multiplying the amount of the Base Rent in effect for the preceding Lease Year (which is the Lease Year immediately prior to the Lease Year for which the Price Index Increase is applicable) by a Multiplier (defined below). The “Multiplier” shall be equal to a fraction, the numerator of which is the Price Index as of the date closest to the end of the previous Lease Year that is published and available prior to the beginning to the new Lease Year (the “Ending Price Index”) minus the Price Index as of the beginning date of the previous Lease Year (the “Beginning Price Index”), and the denominator of which is the Beginning Price Index. Notwithstanding the foregoing, in no event shall the Multiplier be lower than 0.02 nor higher than 0.05. In the event that the Price Index has not increased over the applicable time period or has increased by less than two percent (2%), the Multiplier shall be 0.02 and in the event that the Price Index has increased by more than five percent (5%) over the applicable time period, the Multiplier shall be 0.05.
Sample 1

Examples of Price Index Increase in a sentence

  • Finally, we denote by τ and τ−1 the Auslander–Reiten translation.If δ is the unique imaginary Schur root of a tame quiver, the defect of a module X is defined by δ(X) := ⟨δ, dim X⟩.

  • In order to address the evaluation criteria in Section V.A., proposals should describe how the proposed activities will include tribes and meet the holistic needs of the tribal community.

  • Operator agrees to pay to Tacoma Power an annual fee (“IRU Fee”) in accordance with the following amounts: First Year of the Term: $2,500,000 Second Year of the Term: $2,625,000 Third Year of the Term: $2,750,000 Fourth Year of the Term: $2,875,000 Fifth Year of the Term: $3,000,000 Each subsequent year of the Term following the Fifth Year, the IRU Fee shall be adjusted on the anniversary of the Effective Date to reflect the Consumer Price Index Increase.

  • Consumer Price Index Increase (CPI Increase) means the percentage increase in the average CPI for the eight state capital cities published by the Australian Bureau of Statistics and covering the most recent period of 12 months for which figures are available at the date the Sum Insured is to be increased.

  • The Parties agree that all liquidated damages specified herein shall be adjusted annually on the anniversary of the Effective Date to reflect the Consumer Price Index Increase.

  • Original Annual Contract Amount: $43,229.28 Allowable Consumer Price Index Increase: $652.76 Renewal Annual Contract Amount not to exceed: $43,882.04 Increase/Decrease provision: $1.00 The awarded vendor is Holcomb Bus Service, Inc.

  • Distribute the amendment to all members of the Council as soon as possible prior to the meeting in which it will be offered.

  • Consumer Price Index Increase (CPI Increase) means the percentage increase in the average CPI for the eight state capital cities published by the Australian Bureau of Statistics and covering the most recent period of 12 months for which figures are available at the date the policy fee, Sum Insured or Insured Monthly Benefit is to be increased.

  • Original Annual Contract Amount: $44,577.77 Allowable Consumer Price Index Increase: $673.12 Renewal Annual Contract Amount not to exceed: $45,250.89 Increase/Decrease provision: $1.00 The awarded vendor is Holcomb Bus Service, Inc.

  • The lease provides for an annual base rent, due in monthly installments, of$4,407,198.96 for the first through the fifth lease years, and $4,671,504.00 for the sixth lease year through the end of the term, as adjusted by the Consumer Price Index Increase.

Related to Price Index Increase

  • Price Index means the "Consumer Price Index" published by the Bureau of Labor Statistics of the U.S. Department of Labor, All Items. New York, N.Y.--Northeastern, N.J., all urban consumers (presently denominated "CPI-U"), or a successor or substitute index appropriately adjusted. (iii) the term "Price Index for the Base Year" shall mean the average of the monthly All Items Price Indexes for each of the 12 months of the Base Year.

  • Retail Price Index means the general index of retail prices published by the Office for National Statistics each month in respect of all items or:

  • Municipal Revitalization Index means the 2007 index by the

  • CPI means the headline consumer price index (for all urban areas) annual inflation rate, or such amended or replacement index, as published monthly by Statistics South Africa in Statistical Release P0141, available from <http://www.statssa.gov.za>.

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Index year means the earliest calendar year in which the

  • Base Index means the most recent Consumer Price Index published immediately prior to the Commencement Date.

  • Index Price on a given date means the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies comprising the Index Group.

  • Aggregate Remaining Net Positive Adjustments means, as of the end of any taxable period, the sum of the Remaining Net Positive Adjustments of all the Partners.

  • Index Value means, in relation to any Reference Rate Business Day:

  • Increased Assessed Value means, for each Fiscal Year during the term of this Agreement, the amount by which the Current Assessed Value for such year exceeds the Original Assessed Value. If the Current Assessed Value is less than or equal to the Original Assessed Value in any given Tax Year, there is no Increased Assessed Value in that year.

  • Applicable Revolver Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • GDP price deflator means the average of the four implicit price

  • Base Index Figure means (subject to Condition 4.3(i)) the base index figure as specified in the relevant Final Terms;

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Limited Indexation Month means any month specified in the relevant Final Terms for which a Limited Indexation Factor is to be calculated;

  • LIBOR Market Index Rate means, for any day, the rate for one-month U.S. dollar deposits as reported on Telerate Page 3750 as of 11:00 a.m., London time, for such day, provided, if such day is not a LIBOR Business Day, the immediately preceding LIBOR Business Day (or if not so reported, then as determined by the Swingline Lender from another recognized source or interbank quotation).

  • CPI Daily Inflation Reference Index means (A) in relation to the first day of any given month, the CPI Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the CPI Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • CPI Index means the United States Department of Labor, Bureau of Labor Statistics Consumer Price Index for All Urban Consumers, U.S. City Average, “All Items” (1982-84 = 100), or any successor index thereof as such successor index may be appropriately adjusted to establish substantial equivalence with the Consumer Price Index; provided that if the Consumer Price Index ceases to be published and there is no successor thereto, such other index as the Company shall designate in writing to the Trustee shall be substituted for the Consumer Price Index.

  • Limited Indexation Factor means, in respect of a Limited Indexation Month or Limited Indexation Date, as the case may be, the ratio of the Index Figure applicable to that month or date, as the case may be, divided by the Index Figure applicable to the month or date, as the case may be, twelve months prior thereto, provided that (a) if such ratio is greater than the Maximum Indexation Factor specified in the relevant Final Terms, it shall be deemed to be equal to such Maximum Indexation Factor and (b) if such ratio is less than the Minimum Indexation Factor specified in the relevant Final Terms, it shall be deemed to be equal to such Minimum Indexation Factor;

  • Inflation Index means each inflation index specified in the applicable Final Terms and related expressions shall be construed accordingly.

  • Remaining Net Positive Adjustments means as of the end of any taxable period, (i) with respect to the Unitholders holding Common Units or Subordinated Units, the excess of (a) the Net Positive Adjustments of the Unitholders holding Common Units or Subordinated Units as of the end of such period over (b) the sum of those Partners’ Share of Additional Book Basis Derivative Items for each prior taxable period, (ii) with respect to the General Partner (as holder of the General Partner Units), the excess of (a) the Net Positive Adjustments of the General Partner as of the end of such period over (b) the sum of the General Partner’s Share of Additional Book Basis Derivative Items with respect to the General Partner Units for each prior taxable period, and (iii) with respect to the holders of Incentive Distribution Rights, the excess of (a) the Net Positive Adjustments of the holders of Incentive Distribution Rights as of the end of such period over (b) the sum of the Share of Additional Book Basis Derivative Items of the holders of the Incentive Distribution Rights for each prior taxable period.