Common use of City Average Clause in Contracts

City Average. If at any time during the Term or the Extension Term, as the case may be, the Index shall be discontinued, Landlord shall select a substitute index, being an existing official index published by the Bureau of Labor Statistics or its successor or another, similar governmental agency, which index is most nearly equivalent to the Index.

Appears in 6 contracts

Sources: Lease Agreement (Cross Continent Auto Retailers Inc M&l), Agreement for Contribution of Interests (Capital Automotive Reit), Lease Agreement (Capital Automotive Reit)