Base Year Index definition

Base Year Index means the Index published the month before first day of year prior to the Contract Year in which an annual adjustment is to be made to the Throughput Fee.

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Base Year Index shall have the meaning set forth in Section XI (Cost of Living Adjustment).

Base Year Index means the Index for the calendar month in which the Commencement Date occurs. Real estate taxes, insurance, and any other prepaid or accrued charges customarily prorated shall be prorated as of the date of transfer according to the applicable fiscal year.

Examples of Base Year Index in a sentence

• The Economic Price Adjustment shall be calculated by dividing the Current Year Index by the Base Year Index.

• Formula: [*] Airframe Escalation Data: [*] Engine Escalation Data: [*] Base Year Index (ECI): [*] Base Year Index (ECI): [*] Base Year Index (CPI): [*] Base Year Index (CPI): [*] Deposit per Aircraft: [*] [*] Note: Serial Numbers are provided as guidance only and are subject to change.

• If Actual Inflation is equal to or less than the Base Year Index, then no ECA is due.

• The adjustment in Engine Price applicable to each Aircraft (Engine Price Adjustment) will be determined at the time of Aircraft delivery in accordance with the following formula: Pe = [(Pb+F) x (CPI / CPIb)] - Pb where CPLb is the Engine Escalation Base Year Index as set forth in Table 1 of the Purchase Agreement.

• There will be an ECA for calendar years 2001 through 2004 because the Actual Inflation for the year preceding each year is greater than the Base Year Index.

• For each calendar year of the Term, the actual CPI-U for December before the year for which the ECA is being calculated (ACTUAL INFLATION) will be compared to the Base Year Index in Section A-1 (for example, the December 2000 CPI-U will be used to determine the ECA for the year 2001).

• The adjustments will be made according to the following: 11 27.1.1 A Base Year Index shall be calculated by averaging the 12 month Construction Cost Indices (CCI) for the appropriate area (see below) published in the Engineering News Record (“ENR”) for the 12 months immediately prior to the month of the Effective Date.

• CPI-U, but will convert the Base Year Index to the new base period by using an appropriate conversion formula.

• The ECA is equal to the ECA Factor times the sum of the Steady State and SI Services Fees due IBM for each month of the calendar year succeeding the calendar year during which Actual Inflation is greater than the Base Year Index.

• If, however, Actual Inflation is greater than the Base Year Index, then IBM will apply the ECA to the Fixed and Variable Fees due IBM for the year for which IBM is calculating the ECA.

More Definitions of Base Year Index

Base Year Index has the meaning given in Schedule C, Section 11.

Base Year Index means the CPI as it exists on the date hereof. ---------------

Base Year Index has the meaning set forth in Section 6.0.a herein.

Base Year Index is the average of the Price Indices issued by the Bureau for the twelve full months immediately preceding the Commencement Date.

Base Year Index. Has the meaning set forth in Section 8.1(b) of Schedule C to the General Terms and Conditions Schedule C