CONSUMER PRICE INDEX INCREASE definition

CONSUMER PRICE INDEX INCREASE. (CPI Increase) means
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CONSUMER PRICE INDEX INCREASE. (CPI Increase) means the percentage increase in the average CPI for the 8 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. In the event of any suspension or discontinuance of the CPI as defined above, such other index as We shall consider appropriate shall be adopted for the purposes of the Policy.
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CONSUMER PRICE INDEX INCREASE means the increase in the Consumer Price Index for All Urban Consumers (“CPI-U”) of the Seattle-Tacoma-Bellevue area, as computed and published by the U.S. Bureau of Labor Statistics. The increase shall be calculated using the annual percentage change as defined as the average of the 12 most recently published months of the Consumer Price Index. In the event that the U.S. Bureau of Labor Statistics ceases publishing such data during the Term, Tacoma Power may designate a different commercially reputable source that regularly computes and publishes the Consumer Price Index.
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Examples of CONSUMER PRICE INDEX INCREASE in a sentence

  • ATTORNEY HOLLEY ADVISED THE BOARD THEY ENTERED INTO A CONTRACT WITH WASTE MANAGEMENT TO ALLOW A CONSUMER PRICE INDEX INCREASE NOT TO EXCEED 3%; THE BOARD IS BOUND BY THE CONTRACT.


More Definitions of CONSUMER PRICE INDEX INCREASE

CONSUMER PRICE INDEX INCREASE means the percentage of increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers as finally issued for Cleveland, Ohio by the Bureau of Labor Statistics of the United States Department of Labor, or any successor thereto, from that index as issued for the month of the execution and delivery of this Lease. In the event such index should be abolished and no substitute provided, then any index, service or publication which, in the judgment of the Lessor, most nearly provides the measurement now being provided by the Consumer Price Index shall be used in place of the Consumer Price Index.
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CONSUMER PRICE INDEX INCREASE means an increase in Rent made in proportion to any decrease, but not any increase in the purchasing power of the United States dollar, by reference to the Consumer Price Index- Seattle-Tacoma-Bremerton WA - All Items - (1982-84=100) (the "PRICE INDEX") published by the Bureau of Labor Statistics of the U.S. Department of Labor, or a successor or substitute index selected by Landlord and appropriately adjusted by Landlord. A Consumer Price Index Increase shall be computed as follows:
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CONSUMER PRICE INDEX INCREASE means the percentage increase of the Consumer Price Index for December of the year in question over December of the immediately preceding year.
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CONSUMER PRICE INDEX INCREASE means the percentage increase in the “Consumer Price Index” for the period specified. The first Consumer Price Index Increase shall be computed by subtracting the Consumer Price Index for the month and year in which the first day of the eighth Lease year occurs, from the Index for the same month occurring in the ninth Lease Year, and dividing the difference by the Consumer Price Index in effect for the earlier date. The Consumer Price Index Increase shall thereafter be calculated for each subsequent Lease Year on the same basis, except as otherwise provided in Section 23.04. For example, if the Consumer Price Index for the month of July 2024 is 220, and the Consumer Price Index for the month of July 2025 is 225, then the Consumer Price Index Increase for such period shall be computed as follows: Index for July 2025 225 Less Index for July 2024 (220) Difference 5 Difference divided by Index for July 2024 (5/220) = 2.27% Consumer Price Index Increase = 2.27%
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Related to CONSUMER PRICE INDEX INCREASE

  • Consumer Price Index means the Consumer Price Index for

  • The Consumer Price Index means the Consumer Price Index for Canada as published by Statistics Canada (1971 = 100) and hereinafter called the C.P.I.

  • 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.

  • Hammer Price means the level of bidding reached (at or above any reserve) when the auctioneer brings down the hammer;

  • 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:

  • 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>.

  • Consumer product means a chemically formulated product used by household and institutional consumers including, but not limited to, detergents; cleaning compounds; polishes; floor finishes; cosmetics; personal care products; home, lawn, and garden products; disinfectants; sanitizers; aerosol paints; and automotive specialty products; but does not include other paint products, furniture coatings, or architectural coatings. As used in this article, the term “consumer product” shall also refer to aerosol adhesives, including aerosol adhesives used for consumer, industrial, and commercial uses.

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

  • Municipal Revitalization Index means the 2007 index by the

  • 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;

  • Public procurement unit means either a local public procurement unit or a state public procurement unit.

  • Revitalization Area means any area for which the chief executive officer (or the equivalent) of the local jurisdiction in which the development is to be located certifies as follows: (i) either (1) the area is blighted, deteriorated, deteriorating or, if not rehabilitated, likely to deteriorate by reason that the buildings, improvements or other facilities in such area are subject to one or more of the following conditions- dilapidation, obsolescence, overcrowding, inadequate ventilation, light or sanitation, excessive land coverage, deleterious land use, or faulty otherwise inadequate design, quality or condition, or (2) the industrial, commercial or other economic development of such area will benefit the city or county but such area lacks the housing needed to induce manufacturing, industrial, commercial, governmental, educational, entertainment, community development, healthcare or nonprofit enterprises or undertakings to locate or remain in such area; and (ii) private enterprise and investment are not reasonably expected, without assistance, to produce the construction or rehabilitation of decent, safe and sanitary housing and supporting facilities that will meet the needs of low and moderate income persons and families in such area and will induce other persons and families to live within such area and thereby create a desirable economic mix of residents in such area. The area within a redevelopment project, conservation project, or rehabilitation district established by the city or county pursuant to Chapter 1 (§36-1 et seq.) of Title 36 shall be deemed a revitalization area without any such certification. Any such revitalization area must either (a) include discussions from the locality of the type of developments that will be encouraged, the potential sources of funding, and services to be offered in the area; or (b) be subject to a plan using Hope VI funds from HUD. A comprehensive plan does not qualify as certification of a revitalization area.

  • Snow tyre means a tyre whose tread pattern, tread compound or structure is primarily designed to achieve in snow conditions a performance better than that of a normal tyre with regard to its ability to initiate or maintain vehicle motion."

  • Applicable water quality standards means all water quality standards to which a discharge is subject under the federal Clean Water Act and which has been (a) approved or permitted to remain in effect by the Administrator following submission to the Administrator pursuant to Section 303(a) of the Act, or (b) promulgated by the Director pursuant to Section 303(b) or 303(c) of the Act, and standards promulgated under (APCEC) Regulation No. 2, as amended.

  • Limited Index Ratio means (a) in respect of any month or date, as the case may be, prior to the relevant Issue Date, the Index Ratio for that month or date, as the case may be, (b) in respect of any Limited Indexation Date after the relevant Issue Date, the product of the Limited Indexation Factor for that month or date, as the case may be, and the Limited Index Ratio as previously calculated in respect of the month or date, as the case may be, twelve months prior thereto; and (c) in respect of any other month, the Limited Index Ratio as previously calculated in respect of the most recent Limited Indexation Month;

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

  • SIFMA Index means the Securities Industry and Financial Markets Association Municipal Swap Index, produced by Municipal Market Data, or if such index is not published, then such other index selected by the Treasurer which reflects the yield of tax-exempt seven-day variable rate demand bonds.

  • Public Procurement means the acquisition by any means of goods, works or services by the government;

  • Consumer account means an account established primarily for personal, family, or household use.

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Solid Waste Management Unit , or “SWMU” means any discernible unit at which solid wastes have been placed at any time, irrespective of whether the unit was intended for the management of solid or hazardous wastes. Such units include any area at a facility at which solid wastes have been routinely or systematically released.

  • 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.

  • Adjusted Net Maximum Mortgage Rate With respect to any Mortgage Loan (or the related REO Property), as of any date of determination, a per annum rate of interest equal to the applicable Maximum Mortgage Rate for such Mortgage Loan (or the Mortgage Rate in the case of any Fixed-Rate Mortgage Loan) as of the first day of the month preceding the month in which the related Distribution Date occurs minus the sum of (i) the Trustee Fee Rate and (ii) the Servicing Fee Rate.

  • Dyed diesel fuel means diesel fuel that meets the dyeing and marking requirements of 26 U.S.C.

  • Amendment Labor Rates means the schedule of fully-loaded hourly labor rates attached as

  • Maximum residual disinfectant level or “MRDL” means a level of a disinfectant added for water treatment that may not be exceeded at the consumer’s tap without an unacceptable possibility of adverse health effects.