Reference Index Date definition
Examples of Reference Index Date in a sentence
Upon receiving a report from the Independent Engineer certifying the achievement of the below mentioned Payment Milestones5, the Authority shall disburse, within 15 (fifteen) days of the receipt of each such report, an installment equal to 4% (four per cent) of the Bid Project Cost, adjusted for the Price Index Multiple as applicable on the Reference Index Date preceding the date of that report.
For the subsequent years, the Variable Charge shall be revised annually to reflect the variation in Price Index occurring between the Reference Index Date for January of the year specified in this Clause 25.2.3 and the Reference Index Date for the month of January preceding the Accounting Year for which such revision is undertaken.
Upon receiving a report from the Independent Engineer certifying the achievement of the below mentioned Payment Milestones12, the Authority shall disburse, within 15 (fifteen) days of the receipt of each such report, an installment equal to 12% (Twelve per cent) of the Bid Project Cost, adjusted for the Price Index Multiple as applicable on the Reference Index Date preceding the date of that report.
Upon receiving a report from the Independent Engineer certifying the achievement of the below mentioned payment milestones (“Payment Milestones”), the Authority shall disburse, within 15 (fifteen) days of the receipt of each such report, an instalment equal to 10% (ten per cent) of the Project Cost, adjusted for the Price Index Multiple as applicable on the Reference Index Date preceding the date of that report.
The Project Cost specified in Clause 23.1 shall be revised from time to time in accordance with the provisions of this Clause 23.2 to reflect the variation in Price Index occurring after the Reference Index Date immediately preceding the Bid Date.
The Authority Representative shall compute the variation in Price Index occurring between the COD Reference Index Date and the Applicable Reference Index Date, and shall express the latter as a multiple of the former (the “Price Index Multiple”).
Signature: Date (mm/dd/year): If you are a MISSOURI RESIDENT who There is a proposed class action settlement pending in ▇▇▇▇▇ ▇.
For the avoidance of doubt and by way of illustration, if (a) the Price Index on the Reference Index Date preceding the Bid Date, say January 31, 2016, is 200 (two hundred); (b) the Invoice is submitted on October 15, 2017; and (c) the Price Index as on September 30, 2017 is 210 (two hundred and ten), then the Price Index Multiple for determination of the amount due in respect of such Invoice shall be 1.05 (one point zero five).
Upon receiving a report from the Engineer-in-chief certifying the achievement of the below mentioned Payment Milestones, the Authority shall disburse, within 15 (fifteen) days of the receipt of each such report, an installment equal to 16% (Sixteen per cent) of the Bid Project Cost, adjusted for the Price Index Multiple as applicable on the Reference Index Date preceding the date of that report.
The Storage Charge shall be revised annually with effect from April 1 every year to reflect the variation in Price Index occurring between the Reference Index Date for January of the year in which COD occurs and the Reference Index Date for the month of January preceding the Accounting Year for which such revision is undertaken.