CPI Comparative Statement definition

CPI Comparative Statement means a statement, in writing, signed by the Landlord, or, on its behalf, by an officer of any corporation acting as its managing agent; showing (i) a comparison of (a) Base Real Estate Taxes with (b) Projected Real Estate Taxes for a Subsequent Year (which shall be the same calendar year as the year of the Computation Date used in such CPI Comparative Statement), (ii) the Base Rent Allocated to Other Operating Expenses and the CPI Adjustment for Increases in Other Operating Expenses for such Subsequent Year, and (iii) if the Tenant paid additional rent pursuant to this Article with respect to the immediate preceding Subsequent Year, any adjustment necessitated by a variance between the Projected Real Estate Taxes for such Subsequent Year (as shown in the current CPI Comparative Statement) and the Actual Real Estate Taxes for such Subsequent Year (as shown in the current CPI Comparative Statement).
Sample 1
CPI Comparative Statement means a statement ,in writing, signed by the Landlord, or , on its behalf, by an officer of any corporation acting as its managing agent, showing (i) a comparison of (a) Real Estate Taxes for the Base Year with (b) Projected Real Estate Taxes for a Subsequent Year (which shall be the same calendar year as the year of the Computation Date used in such CPI Adjustment for Increases in Other Operating Expenses for such Subsequent Year, and (iii)if the Tenant paid additional rent pursuant to this Article with respect to the immediate preceding Subsequent Year, and adjustment necessitated by a variance between the Projected Real Estate Taxes for such Subsequent Year (as shown in the current CPI Comparative Statement).
Sample 1

Examples of CPI Comparative Statement in a sentence

  • The failure of the Landlord to furnish a CPI Comparative Statement shall be without prejudice to the right of the Landlord to furnish a CPI Comparative Statement at any time in the future.

  • Pending the determination of such dispute by agreement of arbitration as aforesaid, Tenant shall pay additional rent in accordance with the CPI Comparative Statement and such payment shall be without prejudice to Tenant's position and to the Tenant's rights to a refund of any overpayment.

  • If the dispute shall be determined in Tenant's favor, Landlord shall forthwith pay Tenant the amount of Tenant's overpayment of additional rent resulting from compliance with the CPI Comparative Statement.

  • Upon the written request of the Tenant, the Landlord shall promptly provide the Tenant with a copy of the tax xxxx for the fiscal year(s) for which a CPI Comparative Statement is being rendered.

  • On or before April 1, 2000, and on or before that day at each Subsequent Year, the Landlord will furnish a CPI Comparative Statement to the Tenant.

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  • On or before November 1, 1995, and on or before that day in each Subsequent Year, the Landlord will furnish a CPI Comparative Statement to the Tenant.

  • On or before December 1, 1999, and on or before that day in each Subsequent Year, the Landlord will furnish a CPI Comparative Statement to the Tenant.

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  • The Tenant or its authorized representative shall have a right to examine the books of the Landlord showing the Real Estate Taxes with respect to the building during regular business hours for the purpose of verifying the information set forth in any CPI Comparative Statement relating to any Increase in Real Estate Taxes shown in such CPI Comparative Statement; provided that a written request for such inspection is made by the Tenant within 180 days of the receipt of any such CPI Comparative Statement.

Related to CPI Comparative Statement

  • Comparative Financial Status Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • CMSA Comparative Financial Status Report The monthly report in "Comparative Financial Status Report" format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CMSA for commercial mortgage securities transactions generally and, insofar as it requires the presentation of information in addition to that called for by the form of the "Comparative Financial Status Report" available as of the Closing Date on the CMSA website, is reasonably acceptable to the Master Servicer or the Special Servicer, as applicable.

  • CREFC® Comparative Financial Status Report The monthly report in “Comparative Financial Status Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.

  • comparative price means the price after the factors of a non-firm price and all unconditional discounts that can be utilized have been taken into consideration;

  • Monthly Statement The statement delivered to the Certificateholders pursuant to Section 4.06.

  • comparative offer means the price after the factors of a non-firm price and all unconditional discounts it can be utilised to have been taken into consideration;

  • Quarterly Statement means the quarterly statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing quarterly statutory financial statements and shall contain the type of financial information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Cash Flow Statement means, with respect to any particular Bonds and Auxiliary Obligations, an Authority Certificate (a) setting forth, for the then current and each future Bond Year during which such Bonds and Auxiliary Obligations will be Outstanding, and taking into account (i) any such Bonds expected to be issued or redeemed or purchased for cancellation in each such Bond Year upon or in connection with the filing of such Certificate, (for which purpose, if such Authority Certificate is delivered as of a date prior to a scheduled mandatory tender date for any Adjustable Rate Bonds, the Purchase Price of all such Adjustable Rate Bonds subject to mandatory tender on such tender date shall be assumed to be due and payable on such mandatory tender date), (ii) any such Auxiliary Obligations expected to be incurred upon or in connection with the filing of such Certificate, (iii) the interest rate, purchase price, discount points and other terms of any Related Mortgage Loans, and (iv) the application, withdrawal or transfer of any moneys expected to be applied, withdrawn or transferred upon or in connection with the filing of such Certificate:

  • CMSA Operating Statement Analysis Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Operating Statement Analysis Report" available as of the Closing Date on the CMSA Website or in such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage-backed securities transactions generally.

  • CREFC® Operating Statement Analysis Report The monthly report in the “Operating Statement Analysis Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Operating Statement Analysis Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Financial reporting year means the latest consecutive twelve-month period for which any of the following reports used to support a financial test is prepared:

  • Annual Statement means, with respect to any Insurance Subsidiary for any fiscal year, the annual financial statements of such Insurance Subsidiary as required to be filed with the Insurance Regulatory Authority of its jurisdiction of domicile and in accordance with the laws of such jurisdiction, together with all exhibits, schedules, certificates and actuarial opinions required to be filed or delivered therewith.

  • Compliance Statement is that certain statement in the form attached hereto as Exhibit B.

  • Tax Statement means a statement in reasonable detail setting forth a comparison of the Taxes for a Tax Year with the Base Taxes.

  • Current state fiscal year means the state fiscal year for which a particular calculation is made.

  • Distribution Date Statement As defined in Section 4.02(a).

  • Operating Statement shall have the meaning given to such term in Section 10.5.

  • Root Cause Analysis Report means a report addressing a problem or non-conformance, in order to get to the ‘root cause’ of the problem, which thereby assists in correcting or eliminating the cause, and prevent the problem from recurring.

  • Earn-Out Statement has the meaning set forth in Section 2.5(c).

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Audited financial report means and includes those items specified in Section 5 of this regulation.

  • Non-profit making companies means companies set up under the Companies Act, 1956/Companies Act 2013.

  • Financial Report means the annual financial report prepared under Chapter 2M of the Corporations Act for the Company and its controlled entities;

  • Current Fiscal Year means the fiscal year for which a particular calculation is made.