Common use of Effective Dates of CPI Adjustments Clause in Contracts

Effective Dates of CPI Adjustments. Basic Rent shall not be adjusted to reflect changes in the CPI until the fifth (5th) anniversary of the Basic Rent Payment Date on which the first full quarterly installment of Basic Rent shall be due and payable (the "First Full Basic Rent Payment Date"). As of the fifth (5th) anniversary of the First Full Basic Rent Payment Date and thereafter on the tenth (10th), fifteenth (15th) and if the initial Term is extended, on the twentieth (20st), twenty-fifth (25th), thirtieth (30th) and thirty-fifth (35th) anniversaries of the First Full Basic Rent Payment Date, Basic Rent shall be adjusted to reflect increases in the CPI during the most recent five (5) year period immediately preceding each of the foregoing dates (each such date being hereinafter referred to as the "Basic Rent Adjustment Date").

Effective Dates of CPI Adjustments. Basic Rent shall not be adjusted to reflect changes in the CPI until the fifth (5th) anniversary of the Basic Rent Payment Date on which the first full quarterly installment of Basic Rent shall be due and payable (the "First Full Basic Rent Payment Date"). As of the fifth (5th) anniversary of the First Full Basic Rent Payment Date and thereafter and, if the initial Term is extended on the tenth (10th), fifteenth (15th) and if the initial Term is extended), on the twentieth (20st), twenty-fifth (25th), and, if the Term is further extended as a result of a Lease Assumption Event, on the thirtieth (30th) and thirty-fifth (35th) anniversaries of the First Full Basic Rent Payment Date, Basic Rent shall be adjusted to reflect increases in the CPI during the most recent five (5) year period immediately preceding each of the foregoing dates (each such date being hereinafter referred to as the "Basic Rent Adjustment Date").

Effective Dates of CPI Adjustments. Basic Equity Rent shall not be adjusted to reflect changes in the CPI until the fifth (5th) anniversary of the Basic Rent Payment Date on which the first full quarterly monthly installment of Basic Rent shall be due and payable (the "First Full Basic Rent Payment Date"). As of the fifth (5th) anniversary of the First Full Basic Rent Payment Date and thereafter on the tenth (10th), fifteenth (15th), twentieth (20th) and twenty-fifth (25th) anniversaries and, if the initial Term is extended, on the twentieth (20st), twenty-fifth (25th), thirtieth (30th) and ), thirty-fifth (35th), fortieth (40th) and forty-fifth (45th) anniversaries of the First Full Basic Rent Payment Date, Basic Equity Rent shall be adjusted to reflect increases in the CPI during the most recent five (5) year period immediately preceding each of the foregoing dates (each such date being hereinafter referred to as the "Basic Rent Adjustment Adiustment Date").

Effective Dates of CPI Adjustments. Basic Equity Rent shall not be adjusted to reflect changes in the CPI until the fifth (5th) anniversary of the Basic Rent Payment Date on which the first full quarterly monthly installment of Basic Rent shall be due and payable (the "First Full Basic Rent Payment Date"). As of the fifth (5th) anniversary of the First Full Basic Rent Payment Date and thereafter on the tenth (10th), fifteenth (15th), twentieth (20th) and twenty-fifth (25th) anniversaries and, if the initial Term is extended, on the twentieth (20st), twenty-fifth (25th), thirtieth (30th) and ), thirty-fifth (35th), fortieth (40th) and forty-fifth (45th) anniversaries of the First Full Basic Rent Payment Date, Basic Equity Rent shall be adjusted to reflect increases in the CPI during the most recent five (5) year period immediately preceding each of the foregoing dates (each such date being hereinafter referred to as the "Basic Rent Adjustment Date").