Comparison Month definition

Comparison Month. As defined in Subsection 3.1(d).

Comparison Month means the calendar month which is two (2) months prior to the first full month of each Subsequent Year in question.

Comparison Month. May 1999 and every May thereafter.

Examples of Comparison Month in a sentence

• For the sixth Lease Year (i.e. commencing November 1, 2003) and each Lease Year thereafter during the Term (including any Renewal Period), the lesser of (i) 2.5% of the Rent per Square Foot for the immediately preceding Lease Year or (ii) 225% of the percentage (if any) by which (x) the CPI for the Comparison Month in the immediately preceding Lease Year exceeds (y) the CPI for the Comparison Month in 1998.

• The Minimum Annual Rental payable under Section 1.12 and this Article 7 shall be adjusted on each anniversary date of the Commencement Date of this Lease ("Adjustment Date") to reflect any increases in the cost of living in accordance with the "Index" (as defined in Section 27.21 of this Lease), using as the base month ("Base Month") the month ninety (90) days prior to the Commencement Date, and using as the comparison month ("Comparison Month") the month ninety (90) days prior to the Adjustment Date.

• The Base Month Index shall be compared with the Index for the same calendar month for each Subsequent Year ("Comparison Month").

• Within fifteen (15) days following the date of this Agreement Xxxxxx Xxxxxxxx shall conduct an audit of the Adjusted Inventory as reflected in the Comparison Month Financial Statement and issue a written report thereon, which report shall disclose whether or not an Inventory Reserve Understatement exists.

• If the Index for any Comparison Month is higher than the Base Period Index, then the Basic Monthly Rent for the next year shall be increased by the identical percentage.

More Definitions of Comparison Month

Comparison Month. As defined in Subsection 3.1(d). ---------------- Condemnation, Condemnor: As defined in Section 15.1 ----------------------- Consolidated Financials: For any fiscal year or other accounting ----------------------- period for Lessee and its consolidated subsidiaries, if any, statements of earnings and retained earnings and of changes in financial position for such period and for the period from the beginning of the respective fiscal year to the end of such period and the related balance sheet as at the end of such period, together with the notes thereto, all in reasonable detail and setting forth in comparative form the corresponding figures for the corresponding period in the preceding fiscal year, and prepared in accordance with generally accepted accounting principles and audited by independent certified public accountants acceptable to Lessor in its sole discretion.

Comparison Month. The calendar month of March.

Comparison Month means Imperial's fiscal month ending September 2, 2000.

Comparison Month means the month that is two (2) months prior to the first (1st) month of the applicable Adjustment Year. The term “Base Month” shall mean the month that is fourteen (14) months prior to the first (1st) month of the applicable Adjustment Year. The “Prior Year Element Amount” shall be an amount equal to eighty-five percent (85%) of the Base Rent for the immediately prior Agreement Year.

Comparison Month means the calendar month which is four months prior to the first full month of each Subsequent Year in question.

Comparison Month means the month of December of 2012 and the month of December of every subsequent year of the Initial Term of this Lease, including the Extension Term if exercised.

Comparison Month means the last full calendar month preceding the Adjustment Date. The “Base Month” shall mean the calendar month which is twelve (12) months prior to the Comparison Month. In no event shall the annual Base Rent in a given year be less than the annual base rent for the immediately preceding year.