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 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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Examples of GNP Deflator in a sentence

  • Beginning with January 1, 2002, the Base Salary will be multiplied by a fraction, the numerator of which will be the Gross National Product Implicit Price Deflator (Series 310) published by the Bureau of Economic Analysis of the United States Department of Commerce (base year 1987-100) (the "GNP Deflator") for the last quarter of the preceding year of the Term and the denominator of which will be the GNP Deflator for the year ended December 31, 2001.

  • No Proceedings.......................................78 SECTION 10.08.

  • The Repair and Maintenance Account shall be funded pursuant to Section 6.1(c) (vi) hereof up to a maximum amount of $1,500,000, which maximum shall be subject to increase promptly after the end of each calendar year to reflect changes in the GNP Deflator during the immediately preceding calendar year (commencing with 1992) (such amount, as may be so adjusted, the “Required Maintenance Balance”).

  • The maximum amount will be adjusted annually effective on the first day of the year by the percentage change during the preceding year in the GNP Deflator.

  • Beginning with the second payment, the Agency Fee shall be increased or decreased as of each date it is payable by the percentage change in the GNP Deflator for the calendar year immediately preceding the date on which the Agency Fee was paid.


More Definitions of GNP Deflator

GNP Deflator. The implicit price deflator associated with the Gross National Product ("GNP") as normally published by the United States Department of Commerce for each Quarter or, if the quarterly GNP deflator is no longer published, such other substitute index that measures quarterly or annual inflation in prices for goods and services in the United States as the Parties shall mutually agree upon.
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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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Related to GNP Deflator

  • SOFR Index means, with respect to any U.S. Government Securities Business Day:

  • Dry weight basis means 100 percent solids (i.e. zero percent moisture).

  • CPI means the headline consumer price index (for all urban areas) annual inflation rate, or such amended or replacement index, as published monthly by Statistics South Africa in Statistical Release P0141, available from <http://www.statssa.gov.za>.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • GDP or “Gross Domestic Product” for the purposes of this LOA means the expenditure side value of all goods and services produced in British Columbia for a given year as stated in the BC Economic Accounts;