CPI Adjustment Factor definition

CPI Adjustment Factor means, for any Lease Year, the lesser of (a) 1.03 and
CPI Adjustment Factor means, as of any date, the greater of (a) 1.00 or (b) the CPI for such date divided by the CPI for the Commencement Date.
CPI Adjustment Factor means the amount derived by dividing the CPI (as herein defined) most recently published as of the first day of the calendar year of the beginning of the subsequent term by the CPI most recently published as of the first day of the calendar year of the beginning of the current term. For purposes hereof “CPI” means the Consumer Price Index of Urban Consumers—For All Urban Consumers (all items 1982—1984 = 100), published by the United States Department of Labor, Bureau of Labor Statistics (the “Bureau”). If the CPI should ever cease to be published by the Bureau during the term of this Agreement, the CPl Adjustment Factor shall be computed by using an economic index selected by Employer, of generally recognized standing, that reflects the increase or decrease of the purchasing power of the dollar.

Examples of CPI Adjustment Factor in a sentence

  • If the Department exercises its option to renew, the Department will apply an adjustment factor to the final year annual amounts for the Operations Phase based on the CPI Adjustment Factor in accordance with Exhibit “B,” Method of Compensation.

  • On each anniversary of the Commencement Date, the Improvements Fund shall be increased by an amount equal to the product of (a) the Improvements Fund for the immediately preceding year multiplied by (b) the CPI Adjustment Factor, provided that in no event will the Improvements Fund ever be an amount less than Two Million Dollars ($2,000,000).

  • The amount in this column is the product of the base credit amount and the percentage in the CPI Adjustment Factor column, rounded to the nearest $1,000.

  • If either the CPI Adjustment Factor or the Fuel Adjustment Factor is not known at the beginning of any Billing Year, then no applicable adjustments will be made until the factor is known.

  • Furthermore, that shift was particularly laborious, requiring porters to walk long distances.


More Definitions of CPI Adjustment Factor

CPI Adjustment Factor means, as of Closing Date, the greater of (a) the CPI for such date divided by the CPI for the Effective Date of the Lease; and (b) 1.00. As used herein, “CPI” means the United States Department of Labor, Bureau of Labor StatisticsConsumer Price Index” for All Urban Consumers (CPI-U) published for the Los Angeles-Riverside-Orange County, CA, Metropolitan Statistical Area, with a base of 1982-1984 = 100. If the CPI ceases to be published, with no successor index, then the parties shall reasonably agree upon a reasonable substitute index. The CPI for any date means the CPI last published before the calendar month that includes such date.
CPI Adjustment Factor has the meaning specified in subsection 13.8(A).
CPI Adjustment Factor has the meaning specified in Section 9.6.2.
CPI Adjustment Factor means a fraction, the numerator of which shall be the difference between the CPI published for July of the year in which the adjustment is being made and the CPI published for July of the preceding year, and the denominator of which shall be the CPI published for July of the preceding year.
CPI Adjustment Factor means, for any Adjustment Date, the amount derived by dividing the CPI (as herein defined) most recently published as of the first day of the year of the Adjustment Date in question by the CPI most recently published as of the first day of the year of Commencement Date. For purposes hereof "CPI" means the Consumer Price Index of Urban Consumers, Dallas-Fort Worth Area (all items 1982 - 1984 = 100), published by the United States Department of Labor, Bureau of Labor Statistics (the "Bureau"). If the CPI should ever cease to be published by the Bureau during the lease term, the CPI Adjustment Factor shall be computed by using an economic index selected by Tenant, of generally recognized standing, that reflects the increase or decrease of the purchasing power of the dollar.
CPI Adjustment Factor when used with respect to a particular Billing Year, shall be determined as follows: CPIAFn = CPIn-1 ÷ CPIb Where, CPIAFn = The CPI Adjustment Factor for Billing Year “n.” CPIn-1 = The annual average of the 12-monthly CPI values occurring in the twelve months preceding the Billing Year with respect to which a calculation is to be made thereunder. For example, for the Billing Year beginning May 2024, CPIn-1 is the annual average CPI for the 12- month period commencing May 2023 through April 2024. CPIb = The annual average of the 12-monthly CPI values for May 2022 through and including April 2023, which is [ ]. The average CPI values shall be rounded to the same number of decimal places as reported by the U.S. Department of Labor Statistics for each Billing Year. When determining any amount to be adjusted by the CPI Adjustment Factor for any Billing Year, the CPI Adjustment Factor shall not be rounded, and the resulting adjusted amount shall be rounded to the nearest xxxxx.
CPI Adjustment Factor means the greater of (a) 1.00 or (b) the following fraction: CPI for the calendar month immediately preceding such date of determination ------------------------------------------------ CPI for the calendar month during which the Restatement Effective Date occurred.