GNP Deflator definition

GNP Deflator means the Gross National Product Implicit Price Deflator for a calendar year as currently published in the United States Department of Commerce, Bureau of Economic Analysis publication entitled “Survey of Current Business”. If the GNP Deflator ceases to exist or becomes unavailable, Borrower and Agent shall agree to a substitute index that reasonably measures inflation for all goods and services within the United States.
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GNP Deflator as defined in the Power Purchase Agreement.
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GNP Deflator means the gross national product deflator, as calculated quarterly by the Bureau of Economic Analysis, Economics and Statistics Administration, United States Department of Commerce;
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Examples of GNP Deflator in a sentence

  • Beginning in fiscal year 1984-1985, the maximum reimbursable fee for contracted services was $65 per hour, adjusted annually by the GNP Deflator.

  • The Renewal Term Rent shall be adjusted upward at an annual percentage rate equal to the annual percentage increase in the GNP Deflator, if any, which has occurred during the immediately preceding calendar year, commencing with calendar year 1988 and for each year thereafter.

  • The crop area was covered with a horizontal PV module corresponding to the grass, and the vertical and tracker modules were converted to shading objects.

  • GNP Deflator percentages are published by the U.S. Department of Commerce in its bulletin "Survey of Current Business" and/or the Federal Reserve Bulletin.

  • In no event will the Renewal Term Rent ever be adjusted downward or decreased, provided, however, that in the event of a decrease in the GNP Deflator, the Renewal Term Rent will not be adjusted upward until the GNP Deflator has exceeded a level equal to that in the year immediately preceding the year(s) in which the GNP Deflator decreased.

  • The GNP Deflator is defined as the percentage which when divided into the then current Gross National Product will yield Gross National Product in 1982 dollars (or constant dollars for the then applicable base year).

  • Our measure of the average real wage is the index of composite wages taken from NBER database and divided by the GNP Deflator.

  • GNP Deflator, 1973 154.31GNP Deflator, 1970 135.24data source: Survey of Current Business, July 1974 and July, 1971.

  • In this way it may be called GDP deflator.⮚ GNP Deflator : It shows the change in GNP with the change in price levels.GDP Deflator = Nominal GDfl × 100Real GNfl⮚ GDP and Welfare : In general Real GDP and Welfare are directly related with each other.

  • GNP Deflator Measure of the percentage increase in the average price of products in GNP over a certain base year (now 1972) published by the Commerce Department.


More Definitions of GNP Deflator

GNP Deflator means the annual revisions to the GNP Implicit Price Deflator Index published by the United States Department of Commerce. If the GNP Deflator is changed, the GNP Deflator shall be converted in accordance with the conversion factor published by the Department of Commerce. If the GNP Deflator is discontinued, with no successor or comparable successor index, the parties agree to select and substitute a mutually agreeable similar index.
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Related to GNP Deflator

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  • SIFMA Municipal Swap Index means the Securities Industry and Financial Markets Association Municipal Swap Index, or such other weekly, high-grade index comprised of seven-day, tax-exempt variable rate demand notes produced by Bloomberg or its successor, or as otherwise designated by the Securities Industry and Financial Markets Association; provided, however, that if such index is no longer produced by Bloomberg or its successor, then SIFMA Municipal Swap Index shall mean (i) the S&P Municipal Bond 7 Day High Grade Rate Index produced by Standard & Poor’s Financial Services LLC or its successors or (ii) if the S&P Municipal Bond 7 Day High Grade Rate Index is no longer produced, such other reasonably comparable index selected in good faith by the Board of Trustees of the Fund.]

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