Previous CPI definition

Previous CPI means the CPI number for the quarter ending immediately before the last Review Date (or if there has not been one, the Commencement Date) before the relevant Review Date.
Previous CPI means the Consumer Price Index number last published before a date 12 months before the relevant CPI Rent Review Date, or if an actuary is appointed under this Lease to determine an index, the number certified by that actuary.
Previous CPI means the CPI number for the quarter ending immediately before the last date that the Rent was reviewed, adjusted or increased, or the Commencement Date (whichever is the later).

Examples of Previous CPI in a sentence

  • Determine level of CPI knowledge.1. Previous CPI team experience.2. Previous belt training.Determine process level knowledge.1. Are they SMEs?2.

  • Previous CPI means the CPI number for the quarter ending immediately prior to the last date that the Rent was reviewed, adjusted or increased, or the Commencement Date (whichever is the later).

  • Note: In the event that ‘CP2’ (CPI at the time the levy is paid) is less than ‘CP1’ (CPI at the time the original development cost was submitted to Council), ‘CP2’ shall be taken as not less than the Previous CPI and no adjustment will occur.

  • The Rent on and from each Review Date specified in Item 5B is to be reviewed to movements in the CPI in accordance with the following formula: R2 = R1 x Current CPI Previous CPI Where: R2 is the Rent after the Review Date; and R1 is the Rent immediately before the Review Date (disregarding any abatements incentives or reductions).

  • If a CPI Adjustment Date is specified in Item 11, the Rent on the CPI Adjustment Date will be adjusted to an amount equal to the Rent payable immediately prior to the CPI Adjustment Date multiplied by the Current CPI and divided by the Previous CPI.


More Definitions of Previous CPI

Previous CPI means the CPI number for the quarter ending immediately before the last date that the Licence Fee was reviewed, adjusted or increased, or the Commencement Date (whichever is the later). Rates and Taxes means all existing and future rates (including any special rates or levies), taxes (including land tax on a single holding basis), duties, charges, assessments, impositions and outgoings whatsoever now or at any time imposed, charged or assessed on or against the Land or in connection with the Land, but does not include Outgoings or GST. Requirement includes any lawful Notice, order or direction received from or given by any Government Agency or pursuant to any Law, in writing or otherwise, and notwithstanding to whom such Requirement is addressed or directed but if not addressed to the Licensee then the Licensee must be given a copy.
Previous CPI means for a CPI Review Date, the CPI number for the quarter ending immediately before the last Review Date (or if there has not been one, the Commencement Date);
Previous CPI means the Consumer Price Index number for the quarter ending immediately before the Previous Rent Review Date.
Previous CPI means the Consumer Price Index number for the quarter ending immediately before the most recent CPI Review Date (or if there has not been one, the date of this Agreement).
Previous CPI means the CPI for the quarter ending immediately before the last Review Date (or if there has not been one, the Commencement Date). Proposed Redevelopment means the redevelopment works to be undertaken to the Park Lands (including the Leased Premises) by the Lessee in accordance with the Concept Plans.
Previous CPI means in respect of a Rent Review Date, the CPI number last published before the later of the Date of Commencement and the last preceding Rent Review Date or if the Lessor appoints an actuary to select or determine an index under clause 18.10 the number certified by the actuary;
Previous CPI means the CPI number for the quarter last published before: