Common use of Annual Indexation Clause in Contracts

Annual Indexation. The Base Tariff will escalate on an annual basis, from the Commercial Operation Date, 100% in accordance with the Consumer Price Index (CPI) as published by the Namibian Statistic Agency, according to the following formula: Indexed Tariff = AIT(pM) * CPI (last published)/CPI (published a year before)

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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