Gross Domestic Product Implicit Price Deflator definition

Gross Domestic Product Implicit Price Deflator means the “Gross Domestic Product Implicit Price Deflator” as published from time to time in the Survey of Current Business by the Bureau of Economic Analysis of the United States Department of Commerce, or any successor thereto. It is a weighted average of the detailed price indices used in the deflation of the United States Gross Domestic Product. In each period, it uses as weights the composition of constant dollar output in that period. Changes in the implicit price deflator reflect both changes in prices and changes in the composition of output.
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Gross Domestic Product Implicit Price Deflator means the index number specified from time to time in Table 7.13, line 1 entitled the Gross Domestic Product, of the National Income and Products Accounts Selected NIPA Tables of the Survey of Current Business issued by the U.S. Department of Commerce Economic and Statistic Administration Bureau of Economic Analysis, or if such index number ceases to be available or published, the Administrative Agent and the Borrower shall mutually agree upon an alternative index.
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Gross Domestic Product Implicit Price Deflator. The value shown in the United States Department of Commerce, Bureau of Economic Analysis’ publication entitled “Survey of Current Business” for the percentage change in prices over each quarter of the calendar year associated with the Gross Domestic Product for the immediately preceding quarter, or, a successor publication or index.
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Examples of Gross Domestic Product Implicit Price Deflator in a sentence

  • For any subsequent term, the escalation fee will be based on the U.S. Gross Domestic Product Implicit Price Deflator using the index from the penultimate year of the subsequent term.

  • U.S. GDP-IPD means the most recent Gross Domestic Product Implicit Price Deflator Index published by the US Department of Commerce, Washington, DC, Bureau of Economic Analysis National income and Wealth Division; “Survey of Current Business” through the end of the quarter preceding the quarter in which delivery occurs.

  • In the event that Utility elects to extend the Agreement for one or more Rollover Terms, the Reservation Charge applicable to each Rollover Term shall be escalated based on the U.S. Gross Domestic Product Implicit Price Deflator, using 2019 as the base.

  • For any Calendar Year Quarter after the fourth Calendar Year Quarter of 1998, the ratio of the published value for that quarter of the Gross Domestic Product Implicit Price Deflator published quarterly by the Bureau of Economic Analysis of the United States Department of Commerce in the Survey of Current Business, divided by the value of the Gross Domestic Product Implicit Price Deflator for the fourth Calendar Year Quarter of 1998.

  • If either the Producer Price Index for Materials and Components for Construction or the Gross Domestic Product Implicit Price Deflator are no longer used, the Program Manager and the Steering Committee will determine a substitute measure for the affected measure.

  • When not otherwise provided for herein, the fixed dollar amounts contained in this Agreement may be adjusted each year pursuant to the Master Indenture or otherwise in proportion to the changes in the Gross Domestic Product Implicit Price Deflator index published by the U.S. Department of Labor, Bureau of Labor Statistics, using as a base the latest published index available as of January 1st for the current year in which such adjustments may be made.

  • Variable O & M Rate (Base Charge) = $0.0029/kwh GDPIPD (current) = the final Gross Domestic Product Implicit Price Deflator ("GDPIPD") (there are four categories of GDPIPD -- advance, preliminary, final and revised final) as published by the United States Department of Commerce, Economics and Statistics Administration, Bureau of Economic Analysis ("Department of Commerce") for the third quarter of the calendar year preceding the calendar year in which the Energy is delivered.

  • The GDPIP Inflation Index for each Fiscal Year of the LCR MSCP is the ratio determined by dividing the final value of the Gross Domestic Product Implicit Price Deflator published by the Bureau of Economic Analysis of the United States Department of Commerce in the Survey of Current Business for September 30 of the year that is two years prior to the Fiscal Year for which the adjustment is being calculated, by 104.243, which is the final published value of the GDPIP Inflation Index for September 30, 2002.

  • Replacing Assumption #2 on page P-1 with the following: "The final 3rd quarter 1994 GDPIPD (GDPIPD BASE) is 105.2 (see Gross Domestic Product Implicit Price Deflator (1992 = 100) sheet with the fax header "FEB-27-96 TUE 04:23 PM BUREAU OF ECONOMIC ANALY FAX NO.

  • In the event that Utility elects to extend the agreement for one or more Rollover Terms, the reservation charge applicable to such Rollover Term shall be escalated based on the U.S. Gross Domestic Product Implicit Price Deflator using 2021 as the base.


More Definitions of Gross Domestic Product Implicit Price Deflator

Gross Domestic Product Implicit Price Deflator means the “Gross Domestic Product Implicit Price Deflator” as published from time to time in the Survey of Current Business by the Bureau of Economic Analysis of the United States Department of Commerce, or any successor thereto. It is a weighted average of the detailed price indices used in the deflation of the United States Gross Domestic Product. In each period, it uses as weights the composition of constant dollar output in
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Related to Gross Domestic Product Implicit Price Deflator

  • Edible cannabis product means cannabis product that is intended to be used, in whole or in part, for human consumption, including, but not limited to, chewing gum, but excluding products set forth in Division 15 (commencing with Section 32501) of the Food and Agricultural Code. An edible cannabis product is not considered food, as defined by Section 109935 of the Health and Safety Code, or a drug, as defined by Section 109925 of the Health and Safety Code.

  • Combination Product means a product (a) containing a Licensed Product together with one or more other active ingredients, or (b) with one or more products, devices, pieces of equipment or components, but sold for an integrated price (e.g., with the purchase of one product the customer gets a coupon for the other) or for a single price.

  • Alternative nicotine product means any noncombustible product containing nicotine that is intended 766 for human consumption, whether chewed, absorbed, dissolved, or ingested by any other means. 767 "Alternative nicotine product" does not include any nicotine vapor product, tobacco product, or product 768 regulated as a drug or device by the U.S. Food and Drug Administration (FDA) under Chapter V (21 769 U.S.C. § 351 et seq.) of the Federal Food, Drug, and Cosmetic Act.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Net Sales Price means the total invoiced amount for each Licensed Product sold, minus, where separately itemized on the invoice, any applicable costs related to packaging, insurance, shipping, delivery, standard trade discounts, sales taxes [including Value Added Tax], freight, and duty charges. However, if the Licensed Products are: (i) sold or distributed in a transaction that is not conducted at arm’s length; or (ii) sold or distributed to a Licensee affiliate, then the Net Sales Price for such transactions shall be calculated based on the price that would have been charged under this Agreement in a comparable sale to an unrelated third-party buyer at arm’s length;