Cost of Living has increased as shown by the Consumer Price Index (Boston, Massachusetts, all items, all urban consumers), U.S. Bureau of Labor Statistics, the amount of base rent due during each calendar year of this lease and any extensions thereof shall be annually adjusted in proportion to any increase in the Index. All such adjustments shall take place with the rent due on January 1 of each year during the lease term. The base month from which to determine the amount of each increase in the Index shall be January 1998, which figure shall be compared with the figure for November 1998, and each November thereafter to determine the percentage increase (if any) in the base rent to be paid during the following calendar year. In the event that the Consumer Price Index as presently computed is discontinued as a measure of "Cost of Living" changes, any adjustment shall then be made on the basis of a comparable index then in general use.
Cost of Living means an increase of not more than three percent (3%) in the cost-of-living over the previous year, rounded (i) for purposes of the Fire Component and Article IV, down to the nearest one-half percent (0.5%), or (ii) for purposes of the Police Component and Article V, to the nearest one-half percent (0.5%). The increase will be determined as of December 31 of each year by the Plan Administrator by using the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W): Selected areas, all items index, that is prepared by the United States Department of Labor, Bureau of Labor Statistics.
Cost of Living means either:
Examples of Cost of Living in a sentence
The Monthly Benefit as figured in the Disability provision of this plan plus your earnings received while you are Partially Disabled, (but, not including adjustments under the Cost of Living Adjustment Benefit, if included).
COLA is a Cost of Living Adjustment which may be funded by the Legislature.
Identify when Cost of Living Adjustments (COLAS) or wage determination updates are scheduled.
Address rates of increase for executive compensation, salaries, wages and employee benefits as it applies to the planned aggregate of all types of labor (both direct and indirect) increases (e.g., Cost of Living Allowances, in‑grade increases, merit increases and performance bonuses) as well as to employee fringe benefits (e.g., lower deductible for employee's share of medical and dental insurance premiums, changes in employer's share of salaried savings plans, increased vacation/sick leave/holiday).
The amount of adjustment will be determined by multiplying the base rate by the annual percent of change in the Cost of Living Index.
More Definitions of Cost of Living
Cost of Living means the 12 month percent change in the consumer price index for all urban consumers, U.S. city average occurring between July 1 and June 30, as computed by the Department of Commerce, or any successor agency.
Cost of Living means the California Consumer Price Index for Urban Wage Earners and Clerical Workers as calculated by the Department of Industrial Relations.
Cost of Living has the meaning given in Schedule J. Adjustment ("COLA")
Cost of Living means the consumer price index or CPI pursuant to N.J.S.A 18A:7F-3. "Demonstrably Effective Program Aid" or "DEPA" means State aid pursuant to N.J.S.A. 18A:7F- 18.
Cost of Living. Index: For the purpose of this Lease, the term "Index" means the Consumer Price Index as published by the United States Department of Labor "All Urban Consumers -- All Items" series for the San Diego Statistical Area (base 1982 - 100) or such successor index(es) as shall be designated by the United States Department of Labor and selected by Landlord: "Base Index" means an Index for the penultimate month preceding the month as of which the rent is to be increased as hereinafter provided. Landlord has the option of adjusting the base rent on intervals of twelve (12) calendar months during the lease term to a current rate which is the product obtained by multiplying the Base Rent by the adjustment factor hereinafter set forth. The adjustment factor shall adjust the Base Rent by the inflation measured by the Index and is defined as the quotient obtained by dividing the Base Index into the Current Index. In no event shall the adjustment entitle Tenant to received the benefit of a reduction of the Current Index below the level of the Base Index. Should the Bureau discontinue the publication of the above Index, or publish same less frequently, or alter same in some manner, then Landlord shall adopt a substitute index or substitute procedure which reasonably reflects and monitors consumer prices. The rules and regulations contained in this Lease, as well as such reasonable rules and regulations, including parking regulations, as may be hereafter adopted by Landlord for the safety, care and cleanliness of the premises and the preservation of good order thereon, are hereby expressly made a part hereof, and Tenant agrees to obey all such rules and regulations.
Cost of Living means the consumer price index for the
Cost of Living. With the average cost of a home in Shreveport- Bossier being only $140,000, the cost of living is very afforda- ble for new homebuy- ers and residents.