Actual Inflation Sample Clauses

Actual Inflation. IBM will calculate the ECA by comparing the change in the year-to-year CPI-U with the CPI-U for December 1999 (the BASE YEAR INDEX). For each calendar year of the Term, the actual CPI-U for December before the year for which the ECA is being calculated (ACTUAL INFLATION) will be compared to the Base Year Index in Section A-1 (for example, the December 2000 CPI-U will be used to determine the ECA for the year 2001). If Actual Inflation is equal to or less than the Base Year Index, then no ECA is due. If, however, Actual Inflation is greater than the Base Year Index, then IBM will apply the ECA to the Fixed and Variable Fees due IBM for the year for which IBM is calculating the ECA.
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Actual Inflation. During the Term, Winning Supplier will calculate the ECA by determining the applicable Price Index(es), and comparing the change in each applicable year-to-year Price Index with its applicable Price Index for the December before Winning Supplier’s proposal date (November 10, 2022) (the Base Year Index). For each 12-month period of the Term, the actual applicable Price Index for the December before the year for which the ECA is being calculated (Actual Inflation) will be compared to its Base Year Index (for example, the December 2022 Price Index will be used to determine the ECA for the year 2023). For each Price Index, if Actual Inflation is equal to or less than its Base Year Index, then no ECA is calculated for that Price Index and it is excluded from the calculation of the ECA. If Actual Inflation is greater than the Base Year Index, then Winning Supplier will include the local ECA in the overall ECA to the Charges for the year for which Winning Supplier is calculating the ECA.
Sample 1
Actual Inflation. Supplier shall calculate the [...***...] by comparing the change in the year-to-year [...***...] with the [...***...] for the year before the Effective Date (the "BASE YEAR INDEX"). For each calendar year of the Term, the actual [...***...] for the year before the year for which the [...***...] is being calculated ("ACTUAL INFLATION") shall be compared to the Base Year Index (for example, the [...***...] for 2002 shall be used to determine the [...***...] for the year 2003). If Actual Inflation is equal to or less than the Base Year Index, then no [...***...]
Sample 1
Actual Inflation. Supplier will calculate the ECA by comparing the change in the year-to-year CPI-U with the CPI-U for December before the Effective Date (the "BASE YEAR INDEX"). For each calendar year of the Term, the actual CPI-U for December before the year for which the ECA is being calculated ("ACTUAL INFLATION") will be compared to the Base Year Index in Exhibit C-1 (for example, the December 2002 CPI-U will be used to determine the ECA for the year 2003). If Actual Inflation is equal to or less than the Base Year Index, then no ECA is due. If, however, Actual Inflation is greater than the Base Year Index, then Supplier will apply the ECA to the Fees (other than Asset Charges) and ARCs less RRCs due Supplier for the year for which Supplier is calculating the ECA.
Sample 1
Actual Inflation. IBM will calculate the ECA by [***] (the Base Year Index). For each calendar year of the Term, the [***]
Sample 1
Actual Inflation. ISSC will calculate the COLA by comparing the change in the year-to-year CPI-U with the CPI-U for the December preceding the Amended Commencement Date, (the "Base Year Index"). For each year of the Term, the actual CPI-U for the December prior to the year for which COLA is being calculated, (the "Actual Inflation"), is compared to the Base Year Index set forth in the Supplement. If the Actual Inflation is equal to or less than the Base Year Index, then no COLA is due. However, if the Actual Inflation is greater than the Base Year Index, then COLA will be applied to the Annual Services Charge and other expenses due ISSC. For example purposes, we will assume that the actual CPI-Us for December of each of the first few years are: Base 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Year CPI-U 149.70 154.00 151.00 163.50 168.80
Sample 1

Related to Actual Inflation

  • Annual Tax Information The Managers shall cause the Company to deliver to the Member all information necessary for the preparation of the Member’s federal income tax return.

  • Annual Statement of Compliance The Officer’s Certificate required to be delivered by the Issuing Entity, pursuant to Section 3.9 of the Indenture or the Officer’s Certificate required to be delivered by the Servicer pursuant to Section 4.01(a) of the Servicing Agreement, as applicable.

  • Statement of Estimated Direct Expenses In addition, Landlord shall give Tenant a yearly expense estimate statement (the “Estimate Statement”) which shall set forth Landlord’s reasonable estimate (the “Estimate”) of what the total amount of Direct Expenses for the then-current Expense Year shall be and the estimated Tenant’s Share of Direct Expenses (the “Estimated Direct Expenses”). The failure of Landlord to timely furnish the Estimate Statement for any Expense Year shall not preclude Landlord from enforcing its rights to collect any Estimated Direct Expenses under this Article 4, nor shall Landlord be prohibited from revising any Estimate Statement or Estimated Direct Expenses theretofore delivered to the extent necessary. Thereafter, Tenant shall pay, with its next installment of Base Rent due that is at least thirty (30) days thereafter, a fraction of the Estimated Direct Expenses for the then-current Expense Year (reduced by any amounts paid pursuant to the last sentence of this Section 4.4.2). Such fraction shall have as its numerator the number of months which have elapsed in such current Expense Year, including the month of such payment, and twelve (12) as its denominator. Until a new Estimate Statement is furnished (which Landlord shall have the right to deliver to Tenant at any time), Tenant shall pay monthly, with the monthly Base Rent installments, an amount equal to one-twelfth (1/12) of the total Estimated Direct Expenses set forth in the previous Estimate Statement delivered by Landlord to Tenant.

  • Apportionment of Earnings and Profits and Tax Attributes (a) Tax Attributes arising in a Pre-Distribution Period will be allocated to (and the benefits and burdens of such Tax Attributes will inure to) the members of the Parent Group and the members of the SpinCo Group in accordance with the Code, Treasury regulations and any other Applicable Tax Law, and, in the absence of controlling legal authority or unless otherwise provided under this Agreement, Tax Attributes shall be allocated to the legal entity that created such Tax Attributes.

  • Annual Compliance Statements (a) The Master Servicers, the Special Servicers, the Certificate Administrator, the Trustee (but only to the extent set forth in the last sentence of this paragraph), any Additional Servicer and each Servicing Function Participant (if such Servicing Function Participant is a servicer contemplated by Item 1108(a)(2)(i), (ii) or (iii) of Regulation AB) (each, a “Certifying Servicer”) shall and the Master Servicers and the Special Servicers shall (i) with respect to any Additional Servicer or Servicing Function Participant (if such Servicing Function Participant is a servicer contemplated by Item 1108(a)(2)(i), (ii) or (iii) of Regulation AB) that is a Designated Sub-Servicer of such party, use commercially reasonable efforts to cause, and (ii) with respect to any other Additional Servicer or Servicing Function Participant (if such Servicing Function Participant is a servicer contemplated by Item 1108(a)(2)(i), (ii) or (iii) of Regulation AB), cause, each Additional Servicer and Servicing Function Participant (other than any party to this Agreement) with which it has entered into a servicing relationship with respect to the Mortgage Loans to, deliver to the Depositor, the Certificate Administrator, the Trust Advisor (in the case of a Special Servicer only), the Rule 17g-5 Information Provider (who shall promptly post such report to the Rule 17g-5 Information Provider’s Website pursuant to Section 8.12(c) of this Agreement) on or before March 1st (subject to a grace period through March 15th) of each year, commencing in 2015 (or, in the case of an Additional Servicer or Servicing Function Participant with respect to a Special Servicer, such party shall provide such Officer’s Certificate to such Special Servicer on or before March 1st (subject to a grace period through March 5th)), an Officer’s Certificate stating, as to the signer thereof, that (A) a review of such Certifying Servicer’s activities during the preceding calendar year or portion thereof and of such Certifying Servicer’s performance under this Agreement, or the applicable sub-servicing agreement or primary servicing agreement in the case of an Additional Servicer, has been made under such officer’s supervision and (B) to the best of such officer’s knowledge, based on such review, such Certifying Servicer has fulfilled all its obligations under this Agreement, or the applicable sub-servicing agreement or primary servicing agreement in the case of an Additional Servicer, in all material respects throughout such year or portion thereof, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status thereof. The Certificate Administrator, shall prior to March 1st of each year, commencing in 2015, contact the Trustee and inquire as to whether any Advance was required to be made by the Trustee during the preceding calendar year, and if no such Advance was required to be made by the Trustee, then the Trustee shall not be required to deliver any compliance statement required by this Section 11.12(a) for such period.

  • Industry Data; Forward-looking statements The statistical and market-related data included in each of the Registration Statement, the Pricing Disclosure Package and the Prospectus are based on or derived from sources that the Company reasonably and in good faith believes are reliable and accurate or represent the Company’s good faith estimates that are made on the basis of data derived from such sources. No forward-looking statement (within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act) contained in the Prospectus has been made or reaffirmed without a reasonable basis or has been disclosed other than in good faith.

  • Annual Compliance Statement Within 80 days after the end of each year (commencing with the year specified in the Adoption Annex) the Issuer will deliver to the Indenture Trustee and the Credit Enhancer an Officer's Certificate stating, as to the Authorized Officer signing the Officer's Certificate, that:

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