CPI Adjustments. The Annual Fee shall be adjusted annually from September 27, 1994 by an escalation factor equal to changes in the Consumer Price Index - All Urban (CPI-U) published by the US Department of Labor, Bureau of Labor Statistics, which shall be calculated each October based on changes in the CPI-U from the previous October. In no instance shall the CPI-U change be applied if it results in a smaller payment than the previous year's payment. As to any period during which fees have been waived, the CPI-U shall accrue to the rate during such waiver period.
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Samples: Purchase Money Security Agreement (Northeast Optic Network Inc), Purchase Money Security Agreement (Northeast Optic Network Inc), Globix Corp
CPI Adjustments. The Annual Fee shall be adjusted annually from September 27, 1994 the Effective Date by an escalation factor equal to changes in the Consumer Price Index - All Urban (CPI-U) published by the US Department of Labor, Bureau of Labor Statistics, which shall be calculated each October based on changes in the CPI-U from the previous October. In no instance shall the CPI-U change be applied if it results in a smaller payment than the previous year's payment. As to any period during which fees have been waived, the CPI-U shall accrue to the rate during such waiver period.
Appears in 2 contracts
Samples: Northeast Optic Network Inc, Northeast Optic Network Inc
CPI Adjustments. The Annual Fee shall be adjusted annually from September 27, 1994 by an escalation factor equal to changes in the Consumer Price Index - — All Urban (CPI-U) published by the US Department of Labor, Bureau of Labor Statistics, which shall be calculated each October based on changes in the CPI-U from the previous October. In no instance shall the CPI-U change be applied if it results in a smaller payment than the previous year's ’s payment. As to any period during which fees have been waived, the CPI-U shall accrue to the rate during such waiver period.
Appears in 1 contract
Samples: Agreement (RCN Corp /De/)
CPI Adjustments. (a) The Annual Fee shall be adjusted annually from September 27, 1994 the Effective Date by an escalation factor equal to changes in the Consumer Price Index - All Urban (CPI-U) published by the US Department of Labor, Bureau of Labor Statistics, which shall be calculated each October based on changes in the CPI-U from the previous October. In no instance shall the CPI-U change be applied if it results in a smaller payment than the previous year's ’s payment. As to any period during which fees have been waived, the CPI-U shall accrue to the rate during such waiver period.
Appears in 1 contract
Samples: Agreement (RCN Corp /De/)
CPI Adjustments. The Annual Fee shall be adjusted annually from September 27, 1994 by an escalation factor equal to changes in the Consumer Price Index - All Urban ("CPI-U") published by the US Department of Labor, Bureau of Labor Statistics, which shall be calculated each October based on changes in the CPI-U from the previous October. In no instance shall the CPI-U change be applied if it results in a smaller payment than the previous year's payment. As to any period during which fees have been waived, the CPI-U shall accrue to the rate during such waiver period.
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