Common use of CPI Adjustment Clause in Contracts

CPI Adjustment. Effective commencing on the fifth (5 th) anniversary of the Installation Date and continuing on each fifth (5 th) anniversary thereafter during the term, the Annual Fee with respect to the ensuing five-year period shall be adjusted by a percentage amount equal to the percentage change in the U.S. Department of Labor, Bureau of Labor Statistics Consumer Price Index (All Items, All Urban Consumers, 1982-1984=100) which occurred during the previous five-year period for the New York-Northern New Jersey-Long Island, NY-NJ-PA Metropolitan Statistical Area (MSA).

Appears in 2 contracts

Samples: Way Use and Pole Use Agreement, And Pole Use Agreement

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CPI Adjustment. Effective commencing on the fifth (5 th5th) anniversary of the Installation Date and continuing on each fifth (5 th5th) anniversary thereafter during the term, the Annual Fee with respect to the ensuing five-year period shall be adjusted by a percentage amount equal to the percentage change in the U.S. Department of Labor, Bureau of Labor Statistics Consumer Price Index (All Items, All Urban Consumers, 1982-1984=100) which occurred during the previous five-year period for the New York-Northern New Jersey-Long Island, NY-NJ-PA Metropolitan Statistical Area (MSA).

Appears in 2 contracts

Samples: Pole Use Agreement, Use Agreement

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CPI Adjustment. Effective commencing on the fifth (5 th5th) anniversary of the Installation Date Commencement Date, and continuing on each fifth (5 th5th) anniversary thereafter during the termterm and any renewals thereof, the Annual ROW Fee with respect to the ensuing five-year period shall be adjusted by a percentage amount equal to the percentage change in the U.S. Department of Labor, Bureau of Labor Statistics Consumer Price Index (All ItemsIndex, All Urban Consumers, 1982-1984=100) which occurred during measured from the beginning of the previous five-five (5) year period to the end of the previous five (5) year period, for the New York-Northern New Jersey-Jersey- Long Island, NY-NJ-PA Metropolitan Statistical Area (MSA)Area.

Appears in 1 contract

Samples: Right of Way Agreement

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