Index Formula definition

Index Formula means the percentage increase or, as applicable, decrease in the Employment Cost Index – Union Manufacturing (Series Id: CIU2013000000510I (B)) published by the United States Department of Labor, Bureau of Labor Statistics, or any inflation index that succeeds or replaces it for the twelve (12) most recent months of available data preceding the commencement of the applicable Contract Year.
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Index Formula is the percentage increase or, as applicable, decrease in the [*****] Index - [*****] (Series Id: [*****]) published by the United States Department of Labor, Bureau of Labor Statistics, or any inflation index that succeeds or replaces it for the twelve (12) most recent Months of available data preceding the commencement of the applicable Contract Year.
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Examples of Index Formula in a sentence

  • The rate of Damages specified above shall be increased in accordance with Inflation Index Formula commencing 30% of Operation Performance Security.

Related to Index Formula

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index (other than a Multiple Exchange Index), the closing level of such Index at the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), all as determined by the Calculation Agent.

  • Maximum Index Level means, in respect of a series of bear CBBCs, the highest Spot Level of the Index during the MCE Valuation Period;

  • Minimum Index Level means, in respect of a series of bull CBBCs, the lowest Spot Level of the Index during the MCE Valuation Period.

  • Index Value means, in relation to any Reference Rate Business Day: