Calculation of Rent Adjustment. (a) The Rent will be adjusted annually on the anniversary of the Commencing Date in accordance with the following formula: 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 1 contract
Samples: Lease Agreement
Calculation of Rent Adjustment. (a) The On each Anniversary of the Due Date the Rent will be adjusted annually on the anniversary of the Commencing Date 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 1 contract
Samples: www.qprc.nsw.gov.au
Calculation of Rent Adjustment. (a) The On each Anniversary of the Due Date the Rent will be adjusted annually on the anniversary of the Commencing Date 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 1 contract
Samples: www.ryde.nsw.gov.au
Calculation of Rent Adjustment. (a) The On each Anniversary of the Due Date the Rent will be adjusted annually on the anniversary of the Commencing Date in accordance with the following formula: 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 1 contract
Samples: www.olg.nsw.gov.au