Examples of CPI Percentage in a sentence
In the event the County Manager or her designee does not approve the Annual Budget before December 1st, the Borrower shall continue to use the previously approved Annual Budget from the prior year, increased by the CPI Percentage, until a new Annual Budget is approved in writing by the County Manager or her designee.
For clarity, the CPI Percentage is the “All-items” value found under the “% Change from Previous Year” portion of the table titled “Consumer Price Index, by province (Ontario)” published on the official Statistics Canada website (www.statcan.gc.ca).
The CPI Escalation of the minimum hourly wage rates for the CPI Escalation Year shall be equal to the minimum hourly wage rates in effect for the calendar year immediately preceding the CPI Escalation Year multiplied by the CPI Percentage (as defined below).
On January 1 of each calendar year beginning with 1998, the fee rate for Business Services and Customer Expert Services shall be adjusted by the CPI Percentage.
The CPI Percentage shall equal the fraction (i) whose numerator equals the total of (a) the monthly Index published immediately prior to the anniversary date (or the nearest reported previous month), minus (b) the monthly Index published immediately prior to the anniversary date (or the nearest reported previous month) and (ii) whose denominator is the same monthly Index as (b) above.