Price Revision Formula Sample Clauses

Price Revision Formula. Subject to clause 5.3 of the Panel Conditions, all rates and prices set out in the Schedule of Rates are to be adjusted (using the formula set out in paragraph (b) below) annually on the anniversary of the Base Date. The rise and fall formula for the purpose of clause 5.2 of the Panel Conditions is as follows: Pn = P0 x Where: Pn = the revised rate or price applying from the most recent annual anniversary of the Base Date; P0 = the rate or price applying at the Base Date; In = the published preceding September quarter Price Revision Index prior to the annual anniversary of the Base Date; and I0 = the published preceding September quarter Price Revision Index applying at the Base Date. Price Revision Index is the index set out below: Description of Index Table Group ABS Catalogue 6345.0 Table 5 - Total Hourly Rates of Pay excluding Bonuses Private Sector - Professional, Scientific and Technical Services If the Price Revision Index described in paragraph (b) above is no longer published, the Commonwealth will apply the index which provides the most similar calculation as determined by the Commonwealth's Panel Manager (acting reasonably). For the avoidance of doubt, where the Consultant is engaged under a lump sum fee in respect of any Engagement, that lump sum fee will not (unless elsewhere stated in the relevant Terms of Engagement), be subject to rise and fall in costs.
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Price Revision Formula. 8.1 Part 1 of Exhibit C to the Agreement, Seller Price Revision Formula, is deleted in its entirety and replaced with the Part 1 and Part 1A of Exhibit C, annexed as Appendix 1 to this Letter Agreement.
Sample 1
Price Revision Formula. We propose this price revision formula as an example: Kt= 0.14 Ht/H0+ 0.16 Ext/ Ex0+ 0.14 Pft/Pf0+ 0.19 Gt/G0+ 0.27 St/S0+ 0.10 Where:
Sample 1
Price Revision Formula. All rates and prices set out in the Schedule of Rates are to be adjusted (using the formula set out in paragraph (b) below) annually on the anniversary of the Base Date. The rise and fall formula for the purpose of clause 5.2 of the Panel Conditions is as follows: Pn = P0 x Where: Pn = the revised rate or price applying from the most recent annual anniversary of the Base Date; P0 = the rate or price applying at the Base Date; In = the published preceding September quarter Price Revision Index prior to the annual anniversary of the Base Date; and I0 = the published preceding September quarter Price Revision Index applying at the Base Date. Price Revision Index is the index set out below: Description of Index Table Group ABS Catalogue 6345.0 Table 5 - Total Hourly Rates of Pay excluding Bonuses Private Sector - Professional, Scientific and Technical Services If the Price Revision Index described in paragraph (b) above is no longer published, the Commonwealth will apply the index which provides the most similar calculation as determined by the Panel Manager (acting reasonably).
Sample 1

Related to Price Revision Formula

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  • Development Schedule The Project shall substantially comply with the specific timetables and triggers for action set forth in Article 5 of this Agreement. The parties acknowledge that, as provided in G.S. 160A-400.25(b), the failure to meet a commencement or completion date shall not, in and of itself, constitute a material breach of this Agreement pursuant to G.S. 160A-400.27 but must be judged based upon the totality of the circumstances.

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  • CONTRACT YEAR A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Performance and Salary Review Company will periodically review Executive’s performance on no less than an annual basis. Adjustments to salary or other compensation, if any, will be made by Company in its sole and absolute discretion.

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

  • Development Plan document specifying the work program, schedule, and relevant investments required for the Development and the Production of a Discovery or set of Discoveries of Oil and Gas in the Contract Area, including its abandonment.

  • 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.

  • ADJUSTMENT OF CONTRACT PRICE The Contract Price shall be subject to adjustment, as hereinafter set forth, in the event of the following contingencies (it being understood by both parties that any reduction of the Contract Price is by way of liquidated damages and not by way of penalty):

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