Retail Prices Index definition

Retail Prices Index means the general index (for all items) published by the Office for National Statistics or, if that index is not published for a relevant month, any substituted index or index figures published by that Office;
Retail Prices Index means the retail prices index for the whole economy of the United Kingdom and for all items as published from time to time by the Office for National Statistics as “RPI” or, if such index shall cease to be published or there is, in the reasonable opinion of the Secretary of State, a material change in the basis of the index or if, at any relevant time, there is a delay in the publication of the index, such other retail prices index as the Secretary of State may, after consultation with the Franchisee, determine to be appropriate in the circumstances;
Retail Prices Index means the index of retail prices compiled by an agency or a public body on behalf of Her Majesty’s Government or a governmental department (which is the Office of National Statistics at the time of publication of this Notification) from time to time in respect of all items.”

Examples of Retail Prices Index in a sentence

  • The increase is to be calculated according to the rise in the Retail Prices Index from the start of the Tenancy or the anniversary date whichever is the later.

  • NH may at its discretion, but no more than once in any calendar year, vary the recurring charges under this Agreement provided that the percentage increase shall be no greater than an amount equivalent to any increase in the Retail Prices Index (or any replacement index) published by the Government or competent authority at any time in the past twelve months plus two percent (2%).

  • Such increase shall not normally exceed the percentage increase averaged over the previous 12 months of the Retail Prices Index published by HM Government.

  • Any increase shall not exceed the greater of 9 % or the increase in the Retail Prices Index (or equivalent index in the country Customer is based) during the calendar year preceding the Increase Day plus 1%.

  • At the end of the first anniversary of the Effective Date and each subsequent anniversary of the Effective Date, the Subscription Fees will be adjusted annually based on the increase in the Retail Prices Index (as published by the UK Office for National Statistics (“RPI”) or such index that may replace the RPI) for the most recently published percentage change for the preceding twelve (12) month period, plus ten percent.


More Definitions of Retail Prices Index

Retail Prices Index means the general index (for all items) published by the Statistics Board or, if that index is not published for a relevant month, any substituted index or index figures published by that Board;
Retail Prices Index means the general index of retail prices published by
Retail Prices Index has the meaning set out in Schedule 7;
Retail Prices Index and "RPI" mean the General Index of Retail Prices All Items measured by CHAW. If, for any given month (the "relevant month"):
Retail Prices Index means the general index of retail prices published by the Office for National Statistics each month in respect of all items or:
Retail Prices Index or “RPI” means the General Index of Retail Prices All Items as published in Economic Trends issued by the Office for National Statistics. If RPI shall cease to be published, or there is a material change in the base composition of RPI, then the parties may agree to such other index as they deem appropriate with the object of placing both parties in the position in which they would have been had the RPI continued to be published and there been no change in the base composition of RPI;
Retail Prices Index means the retail prices index for the whole