Calculation of Annual Rental Adjustment. (a) On each anniversary of the Due Date the Rent will be adjusted in accordance with the following formula: R B C where: R represents the Base Annual Rent following adjustment under this clause; B represents the Base Annual Rent before adjustment under this clause; C represents the Consumer Price Index Number for the last quarter for which such a number was published before the Due Date; and D represents the Consumer Price Index Number for the last quarter of the last adjustment of Rent for which such a number was published.
Appears in 7 contracts
Samples: Licence Agreement, www.dubbo.nsw.gov.au, www.dubbo.nsw.gov.au
Calculation of Annual Rental Adjustment. (a) On each anniversary of the Due Date the Rent will be adjusted in accordance with the following formula: R = B × C D where: R represents the Base Annual Rent following adjustment under this clause; B represents the Base Annual Rent before adjustment under this clause; C represents the Consumer Price Index Number for the last quarter for which such a number was published before the Due Date; and D represents the Consumer Price Index Number for the last quarter of the last adjustment of Rent for which such a number was published.
Appears in 3 contracts
Samples: www.dubbo.nsw.gov.au, www.dubbo.nsw.gov.au, Licence Agreement
Calculation of Annual Rental Adjustment. (a) On each anniversary of the Due Date the Rent will be adjusted in accordance with the following formula: R B C where: R represents the Base Annual Rent following adjustment under this clause; B represents the Base Annual Rent before adjustment under this clause; C represents the Consumer Price Index Number for the last quarter for which such a number was published before the Due Date; and D represents the Consumer Price Index Number for the last quarter of the last adjustment of Rent for which such a number was published.
Appears in 2 contracts
Samples: Licence Agreement, www.goulburn.nsw.gov.au
