CPI Escalator definition

CPI Escalator means that certain increase calculated annually on the anniversary of the Effective Date by the percentage increase of services measured by the consumer price index as determined by the U.S. Department of Labor, Bureau of Labor Statistics.
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CPI Escalator means the fraction, the numerator of which is the CPI as of the date of calculation and the denominator of which is the CPI as of January 1, following the year of acceptance.
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CPI Escalator means the cumulative percentage C.P.I. increase for the San Francisco Bay Area calculated for the time period from the original effective date of this Agreement to the first day of any extension period as provided by Section 5.1. The increase will be no less than 1% per year nor greater than 3% per year. The term "
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Examples of CPI Escalator in a sentence

  • CPI Escalator: ______ N/A ______ Percent (___%) subject to Three percent (3%) minimum and Five percent (5%) maximum.

  • CPI Escalator: N/A Percent ( %) subject to Three percent (3%) minimum and Five percent (5%) maximum.

  • During any Option Term the amount of Base Rent shall be increased annually by the greater of 3.5% or the CPI Escalator (defined below) on October 1 of each year during the Option Term.

  • If the Base Rent is increased by the CPI Escalator, such notice shall include the CPI for the Comparison Date and for the date that is one year prior to the Comparison Date.

  • The Base Rent for the first year of an Option Term shall be the then current Market Rate (as defined below), and will be increased annually thereafter by the greater of three and one half percent (3.5%) or the CPI Escalator as set forth in Section 3.2.3 below.