CPI Multiplier definition

CPI Multiplier means the change, expressed as a percentage, in the Consumer Price Index for urban wage earners and clerical workers, U.S. City Average, All Items (1982-1984=100) published by the United States Department of Labor, Bureau of Labor Statistics or the most recent successor of that index (the “CPI”)
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CPI Multiplier between any two times means:
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CPI Multiplier is defined in Section 6.3, below.
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Examples of CPI Multiplier in a sentence

  • On the first Day of each applicable Agreement Year (each such date being referred to as an "Adjustment Date"), Facility Rent shall be increased to an amount equal to the greater of either: (i) the product of the Facility Rent in effect immediately preceding the Adjustment Date, multiplied by the "CPI Multiplier" (as hereinafter defined); or (ii) the product of the Facility Rent in effect immediately preceding the Adjustment Date, multiplied by 1.03.

  • Threshold [not disclosed] to [not disclosed] Base Cost1 >[not disclosed] to [not disclosed] Base Cost1 >[not disclosed] Base Cost1 Project Co Margin [not disclosed [not disclosed] [not disclosed] Builder Margin [not disclosed] [not disclosed] [not disclosed] Builder Preliminaries [not disclosed] [not disclosed] [not disclosed] 1The above dollar thresholds are indexed by the CPI Multiplier Annual (OC) at the commencement of each calendar year following Contractual Close.

  • The CPI Multiplier is calculated annually by the City’s Director of Finance by dividing the most recently published Consumer Price Index for all Urban Consumers All Items Index for Philadelphia, Pennsylvania, by the most recently published Consumer Price Index for all Urban Consumers (CPI-U) of each calendar year.

  • Threshold [not disclosed] to [not disclosed] Base Cost1 >[not disclosed] to [not disclosed] Base Cost1 >[not disclosed] Base Cost1 Builder Margin [not disclosed] [not disclosed] [not disclosed] Builder Preliminaries [not disclosed] [not disclosed] [not disclosed] 1The above dollar thresholds are indexed by the CPI Multiplier Annual (OC) at the commencement of each calendar year following Contractual Close.

  • The CPI Multiplier is calculated annually by the City’s Director of Finance by dividing the most recently published Consumer Price Index for all Urban Consumers All Items Index for Philadelphia, Pennsylvania, by the most recently published Consumer Price Index for all Urban Consumers (“CPI-U”) of each calendar year.

  • Absent a waiver, an Employer subject to Chapter 17-1300 shall pay each Employee an hourly wage, excluding benefits, equal to: Effective Date between July 1, 2020, and June 30, 2021, $13.75; Effective Date between July 1, 2021, and June 30, 2022, $14.25; Effective Date between July 1, 2022, and June 30, 2023, $15.00; and Starting July 1, 2023, and thereafter, $15.00 multiplied by the CPI Multiplier, provided that the minimum wage shall not be less than the previous year’s minimum wage.

  • CPI = The CPI Multiplier between the date the Access Charge is varied and the date one year before that date.

  • The CPI Multiplier shall be calculated annually by the Director of Finance, for wages to be provided on and after January 1 of each year by dividing the most recently published Consumer Price Index for all Urban Consumers (CPI-U) All Items Index, Philadelphia, Pennsylvania, by the most recently published CPI-U as of January 1, 2019.

  • For purposes of determining the minimum hourly wage required, the CPI Multiplier is calculated annually by the City’s Director of Finance by dividing the most recently published Consumer Price Index for all Urban Consumers (CPI-U) as of each January 1 by the most recently published as of January 1, 2015.

  • The CPI Multiplier is calculated by dividing the most recently published Consumer Price Index for all Urban Consumers (CPI-U) All Items Index, Philadelphia, Pennsylvania, as of January 1st of each year, by the most recently published CPI-U as of January 1, 2015.


More Definitions of CPI Multiplier

CPI Multiplier between any two times means: the CPI for most recent March Quarter at the more recent time, divided by, the CPI for the most recent March Quarter at the less recent time.
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CPI Multiplier shall be based upon the "CPI," which is the Consumer Price Index for All Urban Consumers, U.S. City Average for All Items (Index period: 1982-84 = 100), as published without seasonal adjustment by the United States Department of Labor, Bureau of Labor Statistic ("Bureau"). If, from time to time at any time after the date of this Lease, the Bureau of Labor Statistics changes it procedure for calculating the CPI or the index period for the CPI, all CPI's used herein shall be determined using the Bureau's revised CPI.
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CPI Multiplier means the change, expressed as a percentage, in the Consumer Price Index for urban wage earners and clerical workers, U.S. City Average, All Items (1982-1984=100) published by the United States Department of Labor, Bureau of Labor Statistics or the most recent successor of that index (the “CPI”) (i) for the Annual Adjustment for 2011, from the third-quarter average of 2009 to the third-quarter average for 2010, and (ii) for the Annual Adjustment for 2012, from the third-quarter average of 2010 to the third-quarter average for 2011; provided, however, that (A) if the change in the CPI for any measuring period is less than 3.5%, then the CPI Multiplier as determined from such change shall be 3.5%, and (B) if the change in the CPI for any measuring period is greater than 7%, then the CPI Multiplier as determined from such change shall be 7%. Employer agrees that during the term of this Agreement Executive’s Base Salary shall not be reduced below its then-current level unless a salary reduction is imposed by Employer generally on a group-wide basis as a result of financial difficulty, in which case Executive shall be subject to the same salary reduction as other employees of Employer within the identified group.
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CPI Multiplier means the most recently calculated and published change, expressed as a percentage, in the Consumer Price Index for urban wage earners and clerical workers, U.S. City Average, All Items (1982-1984=100) published by the United States Department of Labor, Bureau of Labor Statistics or the most recent successor of that index (the “CPI”) from the second most recent third-quarter average to the most recent third-quarter average; provided, however, that if the change in the CPI for any measuring period is greater than 3.5%, then the CPI Multiplier as determined from such change shall be 3.5%. For avoidance of confusion, the Employer and the Executive acknowledge and agree that the change in the CPI contemplated under this definition is the change announced annually in October by the U.S. Social Security Administration.
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Related to CPI Multiplier

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • Multiplier means the Multiplier specified in the Table.

  • Severance Multiplier means, with respect to any termination of Employee’s employment hereunder by the Company without Cause or by Employee with Good Reason, 1; provided, however, that in the event such termination occurs within the two (2) year period following a Change in Control, the Severance Multiplier shall instead equal 2.

  • Spread Multiplier is the percentage specified on the face hereof of the related Interest Rate Basis or Interest Rate Bases applicable to this Note by which the Interest Rate Basis or Interest Rate Bases will be multiplied to determine the applicable interest rate. The “Index Maturity” is the period to maturity of the instrument or obligation with respect to which the related Interest Rate Basis or Interest Rate Bases will be calculated.

  • Maximum Index Level means, in respect of a series of bear CBBCs, the highest Spot Level of the Index during the MCE Valuation Period;