The New Index. Means the last consumer prices index (including fruits and vegetables) that was published from time to time by the Central Statistics Bureau prior to the date determined in this note to make the payment which the person who executed the note undertook to pay. If the basic index is replaced or if the method of calculating the index or execution thereof is substituted or if it is published by another entity instead of the Central Statistics Bureau the beneficiary will calculate the index for the purpose of this section taking the foregoing changes into account. In any event that the note is not paid on the payment date and the note is submitted to the collection office and/or a claim hereunder is filed – pursuant to the matter at hand – the new index will be the index known on the date the proceedings are opened. The holder of this note is released of any duties imposed upon a holder of a note including but not limited to presenting it for payment, protest, non-payment notice. Mellanox Technologies Ltd P.X. Xxx 00 Xxxxxxx 00000 Tel: 00-0000000, Fax: 00-0000000 Mellanox Technologies Ltd. P.X. Xxx 00 Xxxxxxx 00000 512763285 (—) Name Address P.C./ID Name of the person executing the note
The New Index. As interpreted for payment of all lease/ maintenance / service fees – The latest index published prior to the set date for the payment of the same payment or the date of actual payment payable according to the higher amount. If on the actual date of payment for any of the basic lease payments the new index is higher than the fundamental index, the payment will be increased proportionally to the rate of increase of the new index as compared to the fundamental index. If on the actual date of payment for any of the basic lease payments the new index is equal to or less than the fundamental index the rate of payment will remained unchanged
The New Index. – means the last known Index on the Actual Date of Payment.
Examples of The New Index in a sentence
In the event, that upon the payment date of any part of the Lease Moneys (hereinafter: "The Determining Date") the index recently published prior to the Determining Date (hereinafter: "The New Index") is higher in comparison to the Basic Index, the Lessee is obligated to pay to the Lessor same payments of Basic Lease Moneys, as they are relatively increased, as per the increase of the New Index in comparison to the Basic Index.
More Definitions of The New Index
The New Index. The latest index that will be known on the date of execution of each payment of rental fees. A decreased [negative] index will not be taken into account.
The New Index means the American CPI index or the Consumer Price Index, as the case may be, last known at the time of actually effecting any payment of the rent or part thereof.
The New Index means the index last published prior to the date of the calculation. For the removal of doubt it is clarified that it has been agreed between the parties that the User Fees in the years 2011 and 2012 will not bear linkage differentials to the index and that commencing from the first day of January 2013 onwards, the User Fees will be updated by the full rise in the index as from the first day of January 2011.
The New Index means the index last published prior to the date on which the relevant interest or principal payment falls due. If the principal or interest payment falls due on the 15th of the month, and such day is not a business day, and accordingly the payment is postponed, the new index shall be the index published in respect of the preceding month.
The New Index. The last index that will be published before each payment of a monthly salary is made.
The New Index. The last consumer's price index known at the time of the actual payment of each and every rent payment or part of it.
The New Index. - means the last known index on the business day on which we actually pay any payment on account of the Principal and/or the Interest (and/or other amounts which are linked to the Index which we owe in respect of the Loan) (hereinafter - "THE DATE OF PAYMENT").