Index Amount definition

Index Amount has the meaning specified on Schedule B.

Index Amount in relation to any Vessel, means the number indicated against the name of that Vessel in Schedule 3.

Index Amount means, for any year, an amount equal to the percentage increase, if any, in the Index as of the end of such year when compared to the Index in effect at the end of the previous year multiplied by the applicable amount of total compensation for such year. The “Index” means the Consumer Price Index for all Urban Consumers (CPI-U), Northeast, all items, 1982-84=100 published by the Bureau of Labor Statistics of the U.S. Department of Labor or if at any time such Index is not published, any substitute index designated by the Company and appropriately adjusted.

Examples of Index Amount in a sentence

• Reproduce this form along with the D.A. Checklist and any required form(s) on the plans.Based on CBC Section 11B-202.4 Exception 8, only projects with a construction cost less than or equal to the valuation threshold (current ENR Construction Cost Index Amount) are eligible for the 20% rule.

• On each Index Anniversary, Index Interest, which is determinedusing the formula for the Index Interest Credit Option selected, is calculated on the Index Amount.

• The partial Monthly Interest Rate multiplied be any newly allocated Index Amount; the partial Monthly Interest Rate is based on the time period from the Index Date to the Monthly Anniversary.Fixed Interest for (3) and (4) only occurs in policy months that include an Index Date.

• A request to transfer all or part of the Fixed Interest Amount to an Index Amount may be made in writing.

• Total Index Amount: On a date that is not an Index Date, the Total Index Amount is the sum of the Index Amounts allocated to the Index Interest Credit Option or Options that were selected for the prior four (4) Index Dates.

More Definitions of Index Amount

Index Amount means, in respect of each Interest Period:

Index Amount means the number of Certificate Shares issuable upon exercise of a Certificate, which shall initially be 38.261 shares per Certificate, subject to adjustment as provided herein, as set forth on the face of any Certificate.

Index Amount means, in relation to each Ship, the index amount specified for that Ship in Schedule 10 (Ships).

Index Amount has the meaning set out in Section 4(b)(i) of this Agreement.

Index Amount has the meaning set out in Section 4(b)(i) of this Agreement. Legal*2702849.8 (v)

Index Amount means, in relation to each Existing Collateral Ship or each Accordion Ship (as the case may be), as at the Relevant Date, the amount of the Market Value for that Existing Collateral Ship or that Accordion Ship as shown in the then most recent valuation of that Existing Collateral Ship or that Accordion Ship provided to the Facility Agent pursuant to this Agreement.

Index Amount means, in relation to each Ship, as at the Relevant Date, the amount of the Market Value for that Ship as shown in the then most recent valuation of that Ship provided to the Facility Agent pursuant to this Agreement. "Relevant Date" means: (i) in the case of a sale of a Ship, on the date on which the sale is completed by delivery of that Ship to the buyer of that Ship; and (ii) in the case of a Total Loss of a Ship, on the earlier of: (A) the date falling 90 days after the Total Loss Date; and (B) the date of receipt by the Security Agent of the proceeds of insurance relating to such Total Loss. "Relevant Percentage" means: an amount calculated by reference to the following formula: Relevant Percentage = A x 100 B 1 Where: A = the Index Amount of the Ship to be sold or which becomes a Total Loss; and B = the aggregate amount of the Index Amounts of the Core Ships (in the case of the sale or Total Loss of a loss of a Core Ship) or the Transition Ships (in the case of the sale or the Total Loss of a Transition Ship) (excluding any Core Ship or Transition Ship already sold or which has already become a Total Loss in respect of which a prepayment has been made under this Clause 7.7 (Mandatory prepayment on sale or Total Loss) before the Relevant Date). 7.8 Mandatory prepayment of Hedging Prepayment Proceeds Any Hedging Prepayment Proceeds arising as a result of any cancellation or prepayment under this Agreement shall, be applied rateably in respect of each Advance on the last day of the Interest Period for each Advance which ends after such payment in, in prepayment of the Term Facilities. 7.9 Mandatory prepayment on disposal of Other Ships In the case of a sale of an Other Ship, on the date on which the sale is completed by delivery of that Other Ship to the buyer of that Other Ship, the Borrower shall apply all net cash proceeds after repayment of any indebtedness in relation to such Other Ship to prepay the Transition Facility, except if agreed otherwise with the Majority Lenders.