Year of Base Prices definition

Year of Base Prices means the year 1993; provided that if the calendar year employed by INDEC for purposes of determining Actual Real GDP shall at any time be a calendar year other than the year 1993, then the Year of Base Prices shall mean such other calendar year.
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Year of Base Prices means the year 1993; provided that if the calendar year employed by INDEC for purposes of determining Actual Real GDP shall at any time be a calendar year
Sample 1Sample 2

Examples of Year of Base Prices in a sentence

  • In support of this proposition, Mr Valentin KC relied upon an annex to his written closing submissions, Part 1 of which, he submitted, demonstrated that, on the Claimants’ interpretation from the perspective of the 2004 Year of Base Prices, there is a stark drop of the Base Case GDP Growth figure for Reference Year 2013 and then no indication as to what Base Case GDP in 2004 base prices and Base Case GDP Growthmeasured against GDP in those prices will be for future years.

  • It follows, he went on to submit, that there is no need at all to compare Actual Real GDP in the new Year of Base Prices with adjusted Base Case GDP (despite what the definition of Actual Real GDP Growth requires), and for the purposes of determining whether the payment triggers have been met, the Adjustment Provision is superfluous.

  • This, in circumstances where the denominator in the Adjustment Fraction is expressly defined in the Adjustment Provision as being “the Actual Real GDP for such Reference Year measured in constant 1993 prices”, and “Actual Real GDP” is defined as being “for any Reference Year, the gross domestic product of Argentina for such Reference Year measured in constant prices for the Year of Base Prices, as published by INDEC”, with the “Year of Base Prices” defined as being 1993.

  • This is that the Adjustment Provision operates not by reference to figures in constant 1993 prices published by INDEC, but by a method whereby the figure published yearly in the New Year of Base Prices is adjusted for inflation only.

  • This construction, described as the ‘Hubbard Deflator Construction’, entails the replacement of the Adjustment Fraction Actual Real GDP for the relevant Reference Year in 1993 Year of Base Prices with an Actual Real GDP figure in 2004 Year of Base Prices which has been deflated.

  • In contrast to the other reforms explained above, the pension funds reform was not based on deficiencies of the regulation or the regulatory agency.

  • Specifically, the Global Security provides that:if the Year of Base Prices employed by INDEC for determining Actual Real GDP shall at any time be a calendar year other than the year 1993, then the Base Case GDP for each Reference Year shall be adjusted to reflect any such change in the Year of Base Prices by multiplying the Base Case GDP for such Reference Year .

  • It concludes that the area with the largest opportunity for an 1 http://gib.co.nz/winstone-wallboards/2 http://www.wmc.org.pl/sites/default/files/WMD2013.pdf3 http://eurogypsum.org/_Uploads/dbsAttachedFiles/livingwithgypsum.pdf4 http://www.gypsumsustainability.org/recycled.html5 Green Public Procurement – Wall Panels Technical Background Report, European Commission, June 2010.6 http://eurogypsum.org/_Uploads/dbsAttachedFiles/whatisgypsum.pdf7 Plasterboard Sustainability Action Plan, DEFRA, October 2010.

  • It follows that there is no change to Base Case GDP Growth following a change in the Year of Base Prices.

  • The Claimants also have an equally arguable case that a new Year of Base Prices would not be validly adopted at all under the Securities if it was not made for proper purposes and in a way which is not irrational, arbitrary or capricious.

Related to Year of Base Prices

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Adjustment Year has the meaning ascribed to said phrase under Section 6225(d)(2) of the Code.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Measurement Date means the most recent Payment Date specified in the first column of the Cumulative Net Loss Rate Table.

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Base Earnings means base salary and wages payable by the Company or a Participating Subsidiary to an Eligible Employee, prior to pre-tax deductions for contributions to qualified or non-qualified (under the Code) benefit plans or arrangements, and excluding bonuses, incentives and overtime pay but including commissions.

  • First Year means the intake group of Students for the most junior class or year in a school.

  • Relevant Year t means the Financial Year for the purposes of which any calculation falls to be made; "Relevant Year t-1" means the Financial Year preceding Relevant Year t, and similar expressions shall be construed accordingly;

  • Year of Vesting Service means a vesting computation period during which you complete 1,000 hours of service during the Plan Year.

  • relevant year means a year commencing at 00:00 hours on 1 April and ending at 23:59 hours on the following 31 March;

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Reference Year shall have the meaning given it in the Summary.

  • On-premise beer retailer means a beer retailer who is:

  • Base Period means (i) the test period ending December 31, 2010 (or, if the Commission has elected to stagger its biennial reviews of utilities as provided in subdivision 1, the test period ending December 31, 2010, for a Phase I Utility, or December 31, 2011, for a Phase II Utility), or (ii) the most recent test period with respect to which credits have been applied to customers' bills under the provisions of this subdivision, whichever is later.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Scheduled Valuation Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Valuation Date.

  • Quarterly Period the period of three months commencing on 1 January, 1 April, 1 July and 1 October.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Quarterly Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing October 31, 2001.

  • Base Period Income is an amount equal to Executive's "annualized includable compensation" for the "base period" as defined in Sections 280G(d)(1) and (2) of the Code and the regulations adopted thereunder. Generally, Executive's "annualized includable compensation" is the average of Executive's annual taxable income from Company for the "base period," which is the five calendar years prior to the year in which the Change of Control occurs. These concepts are complicated and technical and all of the rules set forth in the applicable regulations apply for purposes of this Agreement.