Common use of CPI Rent Review Clause in Contracts

CPI Rent Review. (a) With effect from each Rent Review Date, the Rent shall be reviewed so that it is the greater of the Rent Payable immediately before the relevant Rent Review Date and the amount of Rent in the sum calculated on the basis of the following formula: RR = (R x CCPI) divided by PCPI Where:

Appears in 9 contracts

Samples: Lease, Lease, Lease

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CPI Rent Review. (a) With effect from each CPI Rent Review Date, the Base Rent shall be reviewed so that it is the greater of the annual Base Rent Payable payable immediately before the relevant CPI Rent Review Date and the amount of Rent in or the sum calculated on the basis of the following formula: RR = (R x CCPI) divided by PCPI Where:

Appears in 2 contracts

Samples: www.swek.wa.gov.au, www.swek.wa.gov.au

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