Examples of Base Index Figure in a sentence
If at any time the Index is changed by the substitution of a new base for it, then with effect from and including the date on which such substitution takes effect the definition of Base Index Figure in Condition 5.4(b) shall be amended to mean the product of the then applicable Base Index Figure and the Index immediately following such substitution, divided by the Index immediately prior to such substitution.
If at any time the Index is changed by the substitution of a new base for it, then with effect from and including the date on which such substitution takes effect the definition of Base Index Figure in Condition 4.4(b) shall be amended to mean the product of the then applicable Base Index Figure and the Index immediately following such substitution, divided by the Index immediately prior to such substitution.
Index Ratio applicable to any month means the Index Figure applicable to such divided by the Base Index Figure and rounded to the nearest fifth decimal place; and Reference Gilt means the 2.5 per cent.
Base Index Figure means (subject to paragraph (c) below) 234.4 (i.e the figure applicable to April 2011, being the month falling 8 months prior to December 2011); Index or Index Figure means, subject as provided in paragraph (c) below, the U.K. Retail Price Index (RPI) (for all items) published by the Office for National Statistics (January 1987 = 100) or any comparable index which may replace the U.K. Retail Price Index for the purpose of calculating the amount payable on repayment of the Reference Gilt.
The Base Index Figure shall be the figure for January, 201723 (Published February, 201723).