CPI Adjustment Factor Sample Clauses

CPI Adjustment Factor. As of any date of determination, the term "CPI Adjustment Factor" means the greater of (a) 1.00 or (b) the following fraction:
Sample 1
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CPI Adjustment Factor. The “CPI Adjustment Factor,” when used with respect to a particular Reporting Year, shall be determined as follows: CPIAFn = CPIn-1 ÷ CPIb Where, CPIAFn = The CPI Adjustment Factor for Reporting Year “n.” CPIn-1 = The annual average of the 12-monthly CPI values occurring in the twelve months preceding the Reporting Year with respect to which a calculation is to be made thereunder. For example, for the Reporting Year beginning May 2024, CPIn-1 is the annual average CPI for the 12-month period commencing May 2023 through April 2024. CPIb = The annual average of the 12-monthly CPI values for May 2022 through and including April 2023, which is [ ]. The average CPI values shall be rounded to the same number of decimal places as reported by the U.S. Department of Labor Statistics for each Reporting Year. When determining any amount to be adjusted by the CPI Adjustment Factor for any Reporting Year, the CPI Adjustment Factor shall not be rounded and the resulting adjusted amount shall be rounded to the nearest xxxxx.
Sample 1
CPI Adjustment Factor. 4 1.18 Default.......................................................................5 1.19 Depository....................................................................5 1.20
Sample 1
CPI Adjustment Factor. 4 Default............................4
Sample 1
CPI Adjustment Factor. The CPI Adjustment Factor shall be determined as follows: CPIAFn = CPIn-1 ÷ CPI n-2 Where, CPIAFn = The CPI Adjustment Factor for Contract Year “n” CPIn-1 = The average of the 12-month CPI values occurring in the Contract Year preceding the Contract Year with respect to which a calculation is to be made thereunder, based upon the U.S. Department of Labor CPI for Urban Wage Earners and Clerical Work, specific to the West (CWUR040SA0) CPIn-2 = The average of the 12-month CPI values occurring in the Contract Year two years preceding the Contract Year with respect to which a calculation is to be made thereunder, based upon the U.S. Department of Labor CPI for Urban Wage Earners and Clerical Work, specific to the West (CWUR040SA0)
Sample 1

Related to CPI Adjustment Factor

  • CPI Adjustment In this Agreement, “CPI-Adjusted” in reference to an amount means that amount is adjusted under the following formula: N  C  (1 CPIn  CPIc ) CPIc where: ”N” is the new amount being calculated; and “C” is the current amount being adjusted; and

  • Adjustment, etc Any adjustment, indulgence, forbearance or compromise that might be granted or given by any of the Lenders to Borrower or Guarantor or any Person liable on the Liabilities;

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

  • Year-End Adjustment If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment advisory fees waived or reduced and other payments remitted by the Adviser to the Fund or Funds with respect to the previous fiscal year shall equal the Excess Amount.

  • Adjustment of Conversion Rate The Conversion Rate shall be adjusted from time to time by the Company if any of the following events occurs, except that the Company shall not make any adjustments to the Conversion Rate if Holders of the Notes participate (other than in the case of (x) a share split or share combination or (y) a tender or exchange offer), at the same time and upon the same terms as holders of the Common Stock and solely as a result of holding the Notes, in any of the transactions described in this Section 14.04, without having to convert their Notes, as if they held a number of shares of Common Stock equal to the Conversion Rate, multiplied by the principal amount (expressed in thousands) of Notes held by such Holder.

  • Adjustment Date 6 Advance.......................................................................6 Affiliate.....................................................................6 Agreement.....................................................................6

  • PREMIUM ADJUSTMENT If THE COMPANY overpays a reinsurance premium and THE REINSURER accepts the overpayment, THE REINSURER’s acceptance will not constitute or create a reinsurance liability or increase in any existing reinsurance liability. Instead, THE REINSURER will be liable to THE COMPANY for a credit in the amount of the overpayment. If a reinsured policy terminates, THE REINSURER will refund the excess reinsurance premium. This refund will be on a prorated basis without interest from the date of termination of the policy to the date to which a reinsurance premium has been paid.

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