Common use of PPI Price Adjustment Clause in Contracts

PPI Price Adjustment. Each September 15th during the Contract term, beginning September 15, 2016, the Base Item Unit Prices and Optional Equipment Unit Prices shall be updated in accordance with the Producer Price Index (PPI) indicated below in Paragraph 1

Appears in 5 contracts

Samples: Rolling Stock, Agreement, Agreement

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PPI Price Adjustment. Each September 15th during the Contract term, beginning September 15, 20162020, the Base Item Unit Prices and Optional Equipment Unit Prices shall Shall be updated in accordance with the Producer Price Index (PPI) indicated below in Paragraph 1A, PPI. Contract prices are firm until September 14, 2020. The Price Adjustment Factor Shall be calculated as set forth below in Paragraph B, Formula to Calculate Price Adjustment Factor.

Appears in 3 contracts

Samples: Centralized Contract, Centralized Contract, Centralized Contract

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