CPI Increase. The product of (i) the CPI published for the beginning of each Lease Year, divided by (ii) the CPI published for the beginning of the first Lease Year. If the product is less than one, the CPI Increase shall be equal to one. CPR Institute: As defined in Section 34.1(b).
Appears in 17 contracts
Sources: Master Lease (Caesars Entertainment, Inc.), Master Lease (PENN Entertainment, Inc.), Master Lease (Gaming & Leisure Properties, Inc.)
CPI Increase. The product of (i) the CPI published for the beginning of each Lease Year, divided by (ii) the CPI published for the beginning of the first Lease YearJanuary 1, 2013. If the product is less than one, the CPI Increase shall be equal to one. CPR Institute: As defined in Section 34.1(b).
Appears in 2 contracts
Sources: Master Lease (PENN Entertainment, Inc.), Master Lease (Gaming & Leisure Properties, Inc.)
CPI Increase. The product of of: (ia) the CPI published for the beginning of each Lease Year, ; divided by (iib) the CPI published for the beginning of the first Lease Year. If the product is less than one, the CPI Increase shall be equal to one. CPR Institute: As defined in Section 34.1(b).
Appears in 1 contract
Sources: Master Lease