THE INDEX FACTOR Sample Clauses

The Index Factor clause defines how adjustments to payments, prices, or obligations are calculated based on changes in a specified index, such as inflation or a cost-of-living measure. Typically, this clause outlines the reference index to be used, the frequency of adjustments, and the method for recalculating amounts due under the contract. By linking contractual values to an external index, the clause ensures that payments remain fair and reflect economic changes, protecting both parties from the risks associated with fluctuating market conditions.
THE INDEX FACTOR. The inflation adjustment for the DBFO Agreement will be determined based on the Index Factor, which is calculated using the “Maintenance Price Index” prepared annually by Alberta Transportation for use in relation to adjusting for inflation on its current highway maintenance contracts throughout the province of Alberta.
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THE INDEX FACTOR. The inflation adjustment for the DBFM Agreement will be determined based on the Index Factor, which is calculated using the maintenance and renewal price index (the “M&R Index”) set out in Appendix 1 to this Schedule 10. The M&R Index will be prepared annually during the Construction Period and the M&R Period on a calendar year basis by the Province for the purposes of the DBFM Agreement. The M&R Index will be calculated by the Province based on a weighted combination of a number of inflation indices. The indices and the method for calculation of the M&R Index are described in Appendix 1 to this Schedule 10.
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THE INDEX FACTOR. The inflation adjustment for the DBFO Agreement will be determined based on the Index Factor, which is calculated using the operations, maintenance and renewal price index (the “O&M Index”) set out in Appendix 1 to this Schedule 10. The O&M Index will be prepared annually during the Construction Period and the Operating Period on a calendar year basis by the Province for the purposes of the DBFO Agreement.
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Related to THE INDEX FACTOR

  • Interest Factor With respect to this Floating Rate Note, accrued interest is calculated by multiplying the principal amount of such Note by an accrued interest factor. The accrued interest factor is computed by adding the interest factor calculated for each day in the particular Interest Reset Period. The interest factor for each day will be computed by dividing the interest rate applicable to such day by 360, in the case of a Floating Rate Note as to which the CD Rate, the Commercial Paper Rate, the Federal Funds Open Rate, the Federal Funds Rate, LIBOR or the Prime Rate is an applicable Interest Rate Basis, or by the actual number of days in the year, in the case of a Floating Rate Note as to which the CMT Rate or the Treasury Rate is an applicable Interest Rate Basis. In the case of a series of Notes that bear interest at floating rates as to which the Constant Maturity Swap Rate is the Interest Rate Basis, the interest factor for each day will be computed by dividing the number of days in the interest period by 360 (the number of days to be calculated on the base is of a year of 360 days with twelve 30-day months (unless (i) the last day of the interest period is the 31st day of a month but the first day of the interest period is a day other than the 30th or 31st day of a month, in which case the month that includes that last day shall not be considered to be shortened to a 30-day month, or (ii) the last day of the interest period is the last day of the month of February, in which case the month of February shall not be considered to be lengthened to a 30-day month)). The interest factor for a Floating Rate Note as to which the interest rate is calculated with reference to two or more Interest Rate Bases will be calculated in each period in the same manner as if only the applicable Interest Rate Basis specified above applied.

  • Adjustment Factor The Bidder’s competitively bid price adjustment to the unit prices published in the Construction Task Catalog®.

  • ADJUSTMENT FACTORS The Contractor will perform any or all Tasks in the Construction Task Catalog for the Unit Price appearing therein multiplied by the following Adjustment Factors. See the General Terms and Conditions for additional information.

  • Non pre-priced Adjustment Factor To be applied to Work determined not to be included in the CTC but within the general scope of the work: 1.1500.

  • NET INVESTMENT FACTOR The Net Investment Factor for any Subaccount as of the end of any Valuation Period is determined by dividing (1) by (2) and subtracting (3) from the result, where: