CPI Review. The Rent on and from each Review Date specified in Item 5B is to be reviewed to movements in the CPI in accordance with the following formula: R2 = R1 x Current CPI Where: R2 is the Rent after the Review Date; and R1 is the Rent immediately before the Review Date (disregarding any abatements incentives or reductions).
Appears in 3 contracts
Samples: Park Lands Lease Agreement, Park Lands Lease Agreement, Park Lands Lease Agreement
CPI Review. The Rent on and from each Review Date specified in Item 5B 5[B] is to be reviewed to movements in the CPI in accordance with the following formula: R2 = R1 x Current CPI Where: R2 is the Rent after the Review Date; and R1 is the Rent immediately before the Review Date (disregarding any abatements incentives or reductions).
Appears in 1 contract
Samples: Park Lands Lease Agreement
