CPI Review. Where the Rent is to be reviewed to a CPI Review, the Rent on and from that Review Date is calculated as follows: R R CurrentCPI
CPI Review. 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).
CPI Review. Where the Rent is to be reviewed to a CPI Review, the Rent on and from that Review Date is calculated as follows: R2 = R1 X PreviousCPI 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).
CPI Review. 5.2.1 Where the Review Method for any Review Date is CPI, the Rent on and from that Review Date is calculated as follows: R2 R1 Current CPI Previous CPI Where: R2 is the Rent on and from the Review Date; and R1 is the Rent immediately before the Review Date (disregarding any abatements incentives or reductions).
CPI Review. 5.2.1 In this clause:
CPI Review. Dates Clause 6 The Rent shall be increased by CPI on each anniversary of the Commencement Date during the Term and each anniversary of the Commencement Date during any Further Term. ITEM 18 Further Term(s): Clause 3.2 Year by Year ITEM 19 Security: Clause 25 Not Applicable
CPI Review. Not applicable
CPI Review. If the letters “CPI” appear next to a Review Date, the Licence Fee to be paid from the Review Date is the amount calculated by the following formula: 𝐶 𝑁 = 𝑂 𝑥 ( ) 𝑅 where: N means the Licence Fee to be paid from the Review Date O means the Old Licence Fee C means the Current CPI R means the Previous CPI
CPI Review. If the letters “CPI” appear next to a Review Date, the Rent to be paid from the Review Date is the amount calculated by the following formula: 𝐶 𝑁𝑅 = 𝑂𝑅 𝑥 ( ) 𝑅 where: NR means the Rent to be paid from the Review Date OR means the Old Rent C means the Current CPI R means the Previous CPI.
CPI Review. A licence fee review based on CPI will increase the amount of Licence Fee payable during the immediately preceding period by the percentage of any increase in CPI having regard to the quarterly CPI published immediately prior to the later of the Commencement Date or the last Licence Fee Review Date as the case may be and the quarterly CPI published immediately prior to the relevant Licence Fee Review Date. If there is a decrease in CPI having regard to the relevant CPI publications the Licence Fee payable from the relevant Licence Fee Review Date will be the same as the Licence Fee payable during the immediately preceding period. Should the CPI be discontinued or suspended at any time or its method of computation substantially altered, the parties shall endeavour to agree upon the substitution of the CPI with an equivalent index, or failing agreement by the parties, the substitution shall be made by a Valuer appointed in accordance with clause 6.4.
