CPI Increases definition
Examples of CPI Increases in a sentence
This allowance will be increased in line with CPI Increases (All Groups, Weighted average of eight capital cities).
No commissions shall be paid on Tenant Improvement Amortizations, CPI Increases or any other rent adjustment covered in section 4.2 herein.
May Be Taken Into Account July 1, 2000 3% of September 1999 CPI January 1, 2001 6% of September 1999 CPI, less the increase from September 1999 to March 2000 Effective Dates of Adjustment and Maximum CPI Increases conforming to the above schedule shall be applicable to periods subsequent to those specified above during which this Article is in effect.
During the Employment Term, Employee shall also be given CPI Increases (based on his then current Salary) as of each August 1 that occurs after August 1, 2006 with respect to the percentage increase in the Consumer Price Index for the 12-month period beginning on the immediately preceding January 1.
July 1, 2005 3% of September 2004 CPI January 1,2006 6% of September 2004 CPI, less the increase from September 2004 to March 2005 Effective Dates of Adjustment and CPI Increases to the above schedule shall be applicable to periods subsequent to those specified above during which this Article is in effect.
Maximum CPI Increase That May Be Taken Into Account July 1,2005 3% of September 2004 CPI January 1,2006 6% of September 2004 CPI, less the increase from September 2004 to March 2005 Effective Dates of Adjustment and Maximum CPI Increases conforming to the above schedule shall be applicable to periods subsequent to those specified above during which this Article is in effect.
If Landlord and Tenant cannot agree on the Base Rent for a Renewal Term within thirty (30) days after negotiations begin, the parties agree to enter into a “Baseball Arbitration” process in which each will appoint an MAI real estate appraiser whose instruction shall be to agree to the accurate calculation of CPI Increases (as defined in Section 1.8 above).
If an amount is to be adjusted for both CPI Increases and Tax Grossup, then it shall be adjusted first for CPI.
Thereafter, if those two (2) appraisers are unable to agree within thirty (30) days on the applicable CPI Increases to be utilized for the calculation of Base Rent for any applicable Renewal Term, then they will jointly appoint a third appraiser, subject to the approval of Landlord and Tenant.
In calculations under paragraph (c), the maximum increase in the CPI that shall be taken into account shall be as follows: Effective Date Maximum CPI Increase That of Adjustment May Be Taken Into Account July 1, 2011 6% of March 2010 CPI, less the increase from March 2010 to September 2010 Effective Dates of Adjustment and Maximum CPI Increases conforming to the above schedule shall be applicable to periods subsequent to those specified above during which this Article is in effect.