Common use of CPI Adjustments to Deductibles Clause in Contracts

CPI Adjustments to Deductibles. The amounts remaining in the Non-Discriminatory O&M Change Deductible, Pre-existing Hazardous Materials Deductible, the Tiered Pre-existing Hazardous Materials Deductible and the Claim Deductible shall be adjusted annually at the beginning of each Calendar Year after the Effective Date by a percentage equal to the percentage adjustment in the CPI between the CPI for October of the second immediately preceding Calendar Year and the CPI for October of the immediately preceding Calendar Year.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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CPI Adjustments to Deductibles. ‌‌ The amounts remaining in the Non-Discriminatory O&M Change Deductible, Pre-existing Hazardous Materials Seismic Event Deductible, the Tiered Pre-existing Hazardous Materials Deductible and the Claim Deductible shall be adjusted annually at the beginning of each Calendar Fiscal Year after the Effective Date by a percentage equal to the percentage adjustment in the CPI between the CPI for October April of the second immediately preceding Calendar Fiscal Year and the CPI for October April of the immediately preceding Calendar Fiscal Year.

Appears in 1 contract

Samples: Public Private Partnership Agreement

CPI Adjustments to Deductibles. The amounts remaining in the Non-Discriminatory O&M Change Deductible, Pre-existing Hazardous Materials Seismic Event Deductible, the Tiered Pre-existing Hazardous Materials Deductible and the Claim Deductible shall be adjusted annually at the beginning of each Calendar Fiscal Year after the Effective Date by a percentage equal to the percentage adjustment in the CPI between the CPI for October April of the second immediately preceding Calendar Fiscal Year and the CPI for October April of the immediately preceding Calendar Fiscal Year.

Appears in 1 contract

Samples: Public Private Partnership Agreement

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CPI Adjustments to Deductibles. The amounts remaining in the Non-Discriminatory O&M Change Deductible, Pre-existing Hazardous Materials Seismic Event Deductible, the Tiered Pre-existing Hazardous Materials Deductible and the Claim Deductible shall be adjusted annually at the beginning of each Calendar Fiscal Year after the Effective Date by a percentage equal to the percentage adjustment in the CPI between the CPI for October April of the second immediately preceding Calendar Fiscal Year and the CPI for October April of the immediately preceding Calendar Fiscal Year.

Appears in 1 contract

Samples: Public Private Partnership Agreement

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