CONSUMER PRICE INDEX ADJUSTMENTS. 20.1 The Licence Fee payable by the Licensee will be adjusted automatically each year, on 1 July, in accordance with the official Consumer Price Index (CPI) as published by Statistics South Africa.
20.2 The notice periods provided for in clause 18 above in respect of Tariff Amendments will not apply to amendments to the tariffs relating to CPI adjustments.
CONSUMER PRICE INDEX ADJUSTMENTS. The rental rates under this Lease are based on Lessor’s current published Schedule of Rates and Charges. Rental rates are subject to increase beginning October 1, XXXX, and on October 1st of any subsequent year during the Initial Term and any Renewal Term, to reflect any upward change in the Consumer Price Index for the Dallas/Fort Worth Metropolitan Area, as announced by the United States Department of Labor or successor agency
(i) for the first increase, since the Effective Date of this Lease and (ii) for each subsequent increase, since the effective date of the last increase (the “Annual Rent Adjustment”); provided, however, that Lessee’s rental rates shall not exceed the then-current rates prescribed by Lessor's published Schedule of Rates and Charges.
CONSUMER PRICE INDEX ADJUSTMENTS i. Adjustments to the Rent shall be made annually commencing DATE and each Month 1st thereafter during the Term of the Lease, provided, however, that the Rent due to the University from the Tenant in any one year shall not be less than the Rent due from the Tenant in any preceding year. Notice shall be provided to Tenant a minimum of thirty (30) days before rent is due. The Rent shall be adjusted in an amount equal to the percentage change in the Consumer Price Index for All Urban Consumers (“CPI-U”), Urban Alaska, All Items, 1982-84=100, Not Seasonally Adjusted, published by the U.S. Bureau of Labor Statistics, issued in Month of each year. Each annual Rent increase shall be computed by multiplying the Current Base Rent times the percentage change in CPI. The formula is expressed as: Percentage Change in CPI = ((Current CPI-Previous CPI))/(Previous CPI) x100 Adjusted Rent = (Current Rent x Percentage Change in CPI)+Current Rent
ii. If the index is discontinued or revised during the term of the lease, such other governmental indices or computations with which it is replaced shall be used in order to obtain substantially the same result as would be obtained if the index had not been discontinued or revised.
CONSUMER PRICE INDEX ADJUSTMENTS. After each anniversary of the “First Quarterly Payment Due Date,” quarterly payments for each subsequent year shall be adjusted commensurate with the previous 12 month change in the Consumer Price Index (not seasonally adjusted) for All Urban Consumers in the “San Francisco-Oakland-San Xxxx,” area, published by the U.S. Department of Labor (CPI), provided however, that in no event shall the annual increase in the adjustment exceed four percent (5%) per annum.
CONSUMER PRICE INDEX ADJUSTMENTS. Commencing on the eighth (8th) anniversary date of the Commencement Date (the “Adjustment Date”) the base monthly rent shall increase by the percentage amount (the “Index Adjustment Multiplier”), if any, the Consumer Price Index as of month ended immediately prior to the Commencement Date (the “Base Index): has increased over the Consumer Price Index as of the month ended immediately prior to the Adjustment Date (the “Adjustment Date Index”). For illustrative purposes, the Index Adjustment Multiplier shall be the amount the Adjustment Date Index exceeds the Base Index, divided by the Base Index. The term “Consumer Price Index” shall mean the Consumer Price Index for All Urban Consumers: U.S. City Average for All Items (1997=100) as published by the United States Department of Labor, Bureau of Labor Statistics. However, in no event shall the rent be increased more than ten percent (10%) over the remainder term of this Lease.
CONSUMER PRICE INDEX ADJUSTMENTS. (a) Commencing with the second year of each option period through the fifth year of each option period, the Monthly Base Rent established by the methods above shall be increased annually by a percentage equal to the annual percentage increase for the prior calendar year in the Consumer Price Index of the Bureau of Labor Statistics of the US. Department of Labor for the Los Angeles Metropolitan Area ("CPI"). In the event the compilation and/or publication of the CPI shall be transferred to any other governmental department or bureau or agency or shall be discontinued, then the Index most nearly the same as the CPI shall be used to make such calculation. In the event that Lessor and Lessee cannot agree on such alternative Index, then the matter shall be submitted for decision to the American Arbitration Association in accordance with the then current rules of said Association, and the decision of the arbitrator(s) shall be binding upon the Parties. The cost of said arbitration shall be paid equally by Lessor and Lessee.
CONSUMER PRICE INDEX ADJUSTMENTS. This Annex covers the base pay rates for salary-protected individuals as identified below by Employee Number. All positions identified in this Annex B will receive an economic adjustment as of the following dates: January January January January January All salary adjustments will normally be made by March of the adjustment year.
CONSUMER PRICE INDEX ADJUSTMENTS. On each Adjustment Date, the annual CAM Charge for the twelve months commencing with said Adjustment Date will equal the product of sixty cents ($.60) multiplied by the number of leasable square feet within the Premises multiplied by the percentage increase, if any, in the applicable Comparison CPI over the base CPI. In no event shall the annual CAM Charge for any twelve month period be less than
CONSUMER PRICE INDEX ADJUSTMENTS. The initial amount of Basic Rent (i.e., the Basic Rent specified in Section 1.1 prior to any adjustment pursuant to this Section 3.2) shall be adjusted every year during the Option Period on the anniversary of the Rent Commencement Date (each such anniversary herein called a "Rent Adjustment Date"), commencing on the first such anniversary as follows:
(a) The Consumers' Price Index compiled by the United States Bureau of Labor Statistics and entitled "Consumer Price Index for Urban Wage Earners and Clerical Workers: Boston, Mass., 1982-84=100" is hereafter called the "Index".
(b) With respect to each Rent Adjustment Date, the level of the Index for the month immediately preceding the current Rent Adjustment Date shall be ascertained and is hereinafter called the "Index Level".
CONSUMER PRICE INDEX ADJUSTMENTS. Commencing on July 1, 2019, the maximum rates as set forth in Exhibit A shall be considered for an adjustment, and such rates be considered for an adjustment every two
