Examples of Formula in a sentence
In no event shall the monthly Base Rent adjustment based upon the CPI Formula result in an increase greater than three percent (3%) of the Base Rent payable in the month preceding the applicable adjustment.
WIOA Participant Work Experience Orientation Trainee Information Trainee Name: Participant ID: WIOA Program: Funding Stream: Formula Other Worksite: Supervisor: Phone #: WIOA Representative: Email: Phone #: Acknowledgment of Receipt This is to certify that I have received, read, and understand the rules, regulations, and instructions contained in this orientation packet.
From and after the first (1st) anniversary of the Commencement Date, on the first day of the first full calendar month thereafter (the "Adjustment Date") and on every anniversary of the Adjustment Date thereafter, Base Rent shall be adjusted by applying the CPI Formula set forth below.
The "CPI Formula" means Base Rent for the first full month after the Commencement Date multiplied by a fraction, the numerator being the Index published for the month immediately preceding the month in which the adjustment is to be effective (the "New Index"), and the denominator being the Base Index.