CPI Adjustments. At the start of Contract Year 3 and Contract Year 5, the Contractor’s Hourly Wage Rates in Appendix D will be subject to an increase equal to the percentage increase, not to exceed 3%, in the Consumer Price Index (CPI) for all urban consumers (CPI-U) as published 90 days prior to the anniversary date for the preceding 24 month period by the U.S. Department of Labor, Bureau of Xxxxx Xxxxxxxxxx, Xxxxxxxxxx X.X. 00000. In the event the CPI reflects a negative adjustment, the hourly rates for the preceding twenty-four month period will remain flat. The index is also available through the Internet at the Bureau of Labor Statistics web site at xxxx://xxxxx.xxx.xxx/. Go to “Inflation and Consumer Spending” then click "Consumer Price Index" and then click on “Tables created by BLS” then click on “Table Containing History of CPI-U U.S. All Items Indexes and Annual % Changes 1913 to Present.”
CPI Adjustments. The Base Rent paid by Tenant shall be adjusted upward, but never downward, effective as of the first anniversary of the Commencement Date (or the first day of the thirteenth month after the Commencement Date in the event the Commencement Date is a date other than the first day of a calendar month) and on the same day of each year thereafter during the term and any renewal term of this Lease to reflect the increase, if any, in the Consumer Price Index (All Cities, All Urban Consumers, All Items, 1982-1984=100) (subsequently referred to as “CPI-U”) or its successor Consumer Price Index, as published by the United States Bureau of Labor Statistics. This adjustment shall be computed by adding to the Base Rent an amount determined as follows: i) the CPI-U index number for the second month preceding the Commencement Date (“Initial Index Number”) shall be subtracted from the CPI-U index number for the second month immediately preceding the effective date of increase; ii) the resulting amount shall be divided by the Initial Index Number and reduced to a decimal equivalent; the resulting decimal shall be multiplied by the Base Rent. The Base Rent, as adjusted, shall be paid in equal monthly installments as provided in Paragraph 4(a), above. If the CPI-U is changed so that the base year differs from that used for the Initial Index Number, the CPI-U shall be converted in accordance with the conversion factor published by the United States Department of Labor, Bureau of Labor Statistics. If the CPI-U is discontinued or revised during the term of this Lease or any renewal term, such other government index or computation with which it is replaced shall be used in order to obtain substantially the same results as would be obtained if the CPI-U had not been discontinued or revised.
CPI Adjustments. The Annual Fee shall be adjusted annually from September 27, 1994 by an escalation factor equal to changes in the Consumer Price Index - All Urban (CPI-U) published by the US Department of Labor, Bureau of Labor Statistics, which shall be calculated each October based on changes in the CPI-U from the previous October. In no instance shall the CPI-U change be applied if it results in a smaller payment than the previous year's payment. As to any period during which fees have been waived, the CPI-U shall accrue to the rate during such waiver period.
CPI Adjustments. For each Fiscal Year during the Term beginning with the Fiscal Year identified as the "CPI Adjustment Date" for each Leased Property as shown on Exhibit C, the Base Rent then in effect, and the threshold dollar amounts of Room Revenues then included in the Revenues Computations set forth in Section 3.1(b), shall be adjusted as follows:
CPI Adjustments. For each Lease Year during the Term beginning with the Lease Year commencing _______________, the Base Rent then in effect, the Annual Room Revenues First Break Point and the Annual Room Revenues Second Break Point (together, the "Annual Room Revenues Break Points"), and the Annual Food Sales Break Point then included in the Revenues Computation set forth in Section 3.1(b), shall be increased as follows:
CPI Adjustments. Beginning on the first day of the thirteenth (13th) month after the Effective Time, and on the first day of each twelfth (12th) month thereafter, the Company shall increase the Executive's Base Salary by a minimum amount equal to the Executive's Base Salary in effect during the month (the "Adjustment Month") immediately prior thereto, multiplied by the greater of (i) 5% or (ii) the percentage increase in the Consumer Price Index- United States City Average Urban Wage Earners and Clerical Workers (1967=100) (the "CPI") for the Adjustment Month over the CPI for the twelfth (12th) month preceding the Adjustment Month.
CPI Adjustments. (a) Effective September 1, 2023 and 2024, if the percentage wage increase in the Consumer Price Index "CPI-U" for the New York-Northern New Jersey-Long Island Area (All Urban, not seasonally adjusted) for the period July of the preceding year to June of the academic year to which the wage increase applies, is more than four (4%) percent, then the salary adjustment effective September 1 of that academic year shall be an additional one-quarter (.25%) percent for each one-half (.5%) percent increase in the CPI above four (4%) percent. However, in no event shall the increase exceed six (6%) percent.
CPI Adjustments. For each Fiscal Year during the Term beginning January 1, 200_, the Base Rent then in effect, and the quarterly Percentage Rent threshold amounts then included in the Quarterly Revenues Computations set forth in Section 3.1(b), shall be adjusted as follows:
CPI Adjustments. On January 1st of each Fiscal Year during the Term (each, a "CPI Adjustment Date"), the Base Rent then in effect, and the threshold dollar amounts of Room Revenues, Food and Beverage Revenues, and Other Revenues then included in the Revenues Computations set forth in Section 3.1(b), shall be adjusted as follows:
CPI Adjustments. 5.1. The index to be used in the calculations set forth in Section 2.2 of the Agreement will depend on the denomination selected in the Sales Order and will be:
