CPI Adjustment Sample Clauses

CPI Adjustment. The Annual Rent will automatically increase effective as of the beginning of the second Lease Year and annually thereafter during the Lease Term to reflect the proportionate cumulative increase in the CPI, if any, during the previous Lease Year. For purposes of this section, CPI means the United States Department of Labor, Bureau of Labor Statistics, All Cities Average Consumer Price Index, or if such index is no longer published, a successor or substitute index designated by the Lessor, that shows changes in consumer prices in the locale of the Park Area.

CPI Adjustment. The basic rent provided in Paragraph 4 shall be increased each year by a percentage equal to the percentage change in the Consumer Price Index statistics published by the United States Bureau of Labor. Comparisons shall be made using the index entitled, “U.S. City Average/All Items and Major Group Figures for all Urban Consumers ▇▇▇▇▇▇▇▇ ▇▇▇▇ (▇▇▇▇-▇▇ = 100),” or the nearest comparable data on changes in the cost of living, if such index is no longer published. The change shall be determined by comparison of the figure for the previous January 1, with that of January 1 of the current year. In no event shall this calculation cause a reduction in base rent below that payable during the preceding year. The proposed adjustment shall be presented to Lessee by Lessor thirty (30) days prior to the effective date of the assessment.

CPI Adjustment. The fixed fees and other fees expressed as stated dollar amounts in this schedule and in the Agreement shall be increased annually commencing on the one-year anniversary date of the Effective Date by the percentage increase since the Effective Date in consumer prices for services as measured by the United States Consumer Price Index entitled "All Services Less Rent of Shelter" or a similar index should such index no longer be published.

CPI Adjustment. In this Contract*, “CPI-Adjusted*” in reference to an amount means that amount is adjusted under the following formula: N = C × (1+ CPIn − CPIc ) CPIc where:

CPI Adjustment. 4.1 At the expiration of the initial period thereafter ending December 31, 2003 and each five year period during the Term, the Base Rent shall be subject to CPI adjustment as follows: At the expiration of the initial period ending December 31, 2003 and each five year period thereafter, the annual rent for the succeeding five year period shall be determined by multiplying the annual Base Rent in effect for the immediately preceding five year period times the "CPI Factor" (as hereinafter defined), provided, however, that the CPI Factor shall never be less than 1.00. As used herein, the "CPI Factor" which shall be determined at the expiration of each five year period during the Term, shall be determined as follows: (A) The United States Bureau of Labor Statistics "Consumer Price Index for Urban Consumers All Items-U.S. City Average" (commonly referred to as "CPI-U"), as the same may from time to time be revised, updated or replaced, hereinafter referred to as the "index" (if said index is no longer published, Landlord will use a comparable index) shall be used to determine the CPI Factor set forth in subsection (B) immediately below;

CPI Adjustment. During each calendar year, the Base Rent payable by Tenant to Landlord, shall be adjusted to reflect increases in the Consumer Price Index as follows:

CPI Adjustment. In addition to the foregoing, the Basic Monthly Rental payable by Lessee for the last month of each Lease Year shall be adjusted as of the first day of each succeeding Lease Year by adding to it thirty percent (30%) of the amount computed by multiplying said Basic Monthly Rental by the percentage increase, if any, in the index now known as "United States Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers (CPI-U), for the Washington, D.C. Standard Metropolitan Statistical Area (SMSA), 'all items' (1982-84=100)" (the "Index"). Any such percentage increase in the Index shall be determined by dividing the amount, if any, by which the Index published for the period that includes the last month of the Lease Year just ended exceeds the corresponding Index published for the period that includes the month immediately preceding the commencement of the Lease Year just ended, by said latter corresponding Index. Lessor shall provide Lessee, during the last month of each Lease Year, written notice of Lessor's reasonable estimate of the adjustment to the Basic Monthly Rental due to increases in the Index, and Lessee shall begin paying the estimated adjusted Basic Monthly Rental as of the first month of the immediately succeeding Lease Year. The computation of the actual amount of any such adjustment to the Basic Monthly Rental shall be contained in the Annual Statement furnished to Lessee as set forth in Article 3(e) above. Promptly after receipt of the Annual Statement, the difference between the estimated monthly payments paid by Lessee and the actual amount of Basic Monthly Rental shall be determined. If the estimated payments by Lessee exceed the actual amount determined to be owing, the excess shall be credited against the next installment of Basic Monthly Rental falling due hereunder. If the actual amount determined to be owing is greater than Lessee's estimated payments, the deficiency shall be paid by Lessee together with the next installment of Basic Monthly Rental due hereunder. Thereafter Lessee shall pay the new Basic Monthly Rental until receipt of the next written notice of the estimated adjustment to Basic Monthly Rental from Lessor. The amount payable by Lessee as Basic Monthly Rental for any Lease Year, as adjusted according to this Article 4 (exclusive of any separate step-up), shall in no case be less than the Basic Monthly Rental, as so adjusted, payable during the preceding Lease Year (exclusive of any separate step-up), and sha...

CPI Adjustment. (A) The amount of annual Zone Compensation set forth in Section I. of this Appendix D and the amounts of Street Pole Compensation set forth in Section II. of this Appendix D, shall be subject to adjustment (the “CPI Adjustment”) every year on each anniversary of the Effective Date by multiplying the dollar amounts set forth in said Sections I. and II. by the greater of (x) the result of dividing the CPI as of such anniversary by the CPI as of the Effective Date, or (y) 1. Thus for example, with respect to the adjustment of the Zone Compensation dollar amount set forth in Section I. of this Appendix D above, if the CPI is 124 on the Effective Date, 127 on the first anniversary of the Effective Date and 128 on the second anniversary of the Effective Date, then the Zone Compensation due and payable on such first anniversary of the Effective Date will be the product of $100,000 multiplied by 127/124, rounded to the nearest dollar, and the Zone Compensation due and payable on such second anniversary of the Effective Date will be the product of $100,000 multiplied by 128/124, rounded to the nearest dollar.

CPI Adjustment. (a) On 1 January of each Year (commencing in the year set out in the relevant Commercial Terms Schedule), all of the rates and charges set out in the Commercial Terms Schedules will be adjusted by multiplying them by the Escalation Factor for that year, and the relevant Schedules will be deemed to have been varied to incorporate the adjusted rates and charges. (b) The Escalation Factor for each year is calculated as: 1 + ((CPIa - CPIb) / CPIb) where: (i) CPIa means CPI in respect of the September Quarter immediately preceding the relevant adjustment date; (ii) CPIb means CPI in respect of the September Quarter that is 12 months before the quarter to which CPIa relates; (iii) if CPIa is less than CPIb, then ((CPIa-CPIb) / CPIb) is deemed to be zero; and (iv) CPI means the consumer price index (weighted average for 8 capital cities, all groups) published from time to time by the Australian Bureau of Statistics or if that index is suspended or discontinued or if the basis of assessment is changed so that it no longer accurately reflects changes in the prevailing levels of prices substantially in the same manner as it did prior to the change in basis, then an alternative index that reflects movements in the cost of living in all of the capital cities of Australia will be selected by Service Provider and substituted for the relevant index for the period of the suspension or, in the case of a discontinuance of the CPI or a material alteration in its calculation, on a permanent basis and the calculation of the adjustments to be made under clause 18.2(a) will be made using such alternative index as though it was the CPI.