CPI. In addition to any other adjustment permitted or contemplated herein, IXC has the right to make adjustments to the fees and charges hereunder on each anniversary of the expiration of the Closing Date (the "Adjustment Date") by multiplying the applicable fee or charge for the immediately preceding twelve (12) month period (the "Prior Period") by a factor equal to one (1) plus or minus the decimal equivalent of the total percentage change, if any, in the U.S. Department of Labor Price Index for Urban Consumers, All Items, 1982-84 = 100 for the period from three (3) months prior to the commencement of such Prior Period to three (3) months prior to the Adjustment Date. IXC shall deliver to PSINet prior to each Adjustment Date notice of the adjustment in the applicable fee or charge, setting forth the calculation of such adjustment.
Appears in 6 contracts
Samples: Iru and Stock Purchase Agreement (Ixc Communications Inc), Iru and Stock Purchase Agreement (Ixc Communications Inc), Iru and Stock Purchase Agreement (Psinet Inc)
