CPI Formula. Effective July 1, 2014, each of the steps in the 16 wage scale in effect on June 30, 2014 shall be increased by the percentage increase in 17 the Portland Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI 18 W) second half of 2012 to second half of 2013, with a minimum increase of two percent 19 (2%) and a maximum increase of four percent (4%).
CPI Formula. Effective July 1, 2016, the rates and ranges 3 covered by the Agreement and in effect June 30, 2016, shall be increased by the 4 percentage increase in the Portland Consumer Price Index for Urban Wage Earners and 5 Clerical Workers (CPI-W), second half of 2014 to second half of 2015, with a minimum
CPI Formula. 23 Effective July 1, 2023 the rates and ranges covered by the 24 Agreement and in effect June 30, 2023, shall be increased by the percentage increase in 25 the West – Size A Consumer Price Index for Urban Wage Earners and Clerical Workers 26 (West – Size A CPI-W), second half of 2021 to the second half of 2022 as reported in 27 February 2023), with a minimum increase of one percent (1%) and a maximum increase 28 of four percent (4%).
CPI Formula. The Adjustment Index will be compared with the Base Index. If the Adjustment Index has increased over the Base Index, then the Annual RPD Allocation Cap and the Annual SFBGS Allocation Cap on and after such Adjustment Date will each be set by multiplying the then-current Annual RPD Allocation Cap and the Annual SFBGS Allocation Cap by a fraction, the numerator of which is the Adjustment Index and the denominator of which is the Base Index. Notwithstanding the foregoing,
CPI Formula. The Index means the Consumer Price Index for all Urban Consumers for the Los Angeles-Long Beach-Anaheim area, all items, published by the United States Department of Labor, Bureau of Labor Statistics (1982-84=100). 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. If the Index is changed so that the Index differs from that used as of the Commencement Date of the Lease, the Index shall be converted in accordance with the conversion factor published by the United States Department of Labor, Bureau of Labor Statistics. If the Index is discontinued or revised during the Term of this Lease, such other governmental Index or computation with which it is replaced shall be used in order to obtain substantially the same results as would be obtained if the Index had not been discontinued or revised.
CPI Formula. The method for computing the annual rental adjustment shall be by reference to the Consumer Price Index for all Urban Consumers for the Los Angeles-Riverside-Orange Co. area, all items published by the United States Department of Labor, Bureau of Labor Statistics (1982-84=100), herein referred to as “Index.” The “Base Index” shall be the index published for the month in which the second anniversary of the Lease term commences. The rental adjustment shall be calculated by multiplying the base rent set forth in paragraph 4.1 Rent (the “Base Rent”), by a fraction, the numerator being the Index published for the month immediately preceding the Adjustment Date (the “New Index”), and the denominator being the Base Index. The formula shall be as follows: (New Index ÷ Base Index) x (Base Rent) = Adjusted Rental If the Index is changed so that the base year of the Index differs from that used as of the second anniversary term of the Lease Term, the Index shall be converted in accordance with the conversion factor published by the United States Department of Labor, Bureau of Labor Statistics. If the Index is discontinued or revised during the term of this Lease, such other governmental index or computation 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. In the event the parties are unable to agree upon a substitute index (if the original Index is discontinued without a replacement) then upon demand by either party, the matter shall be submitted to arbitration in accordance with the provisions of California Code of Civil Procedure Section 1280 et. seq. as they now exist or may later be amended for the purpose of determining an alternate method of computing the rent adjustment based upon the increase in the cost of living.
