Index Adjustment Sample Clauses

Index Adjustment. Intentionally omitted.
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Index Adjustment. The Base Fee and Tonnage Fee shall be adjusted annually per the procedures in Appendix 5.
Index Adjustment. As defined in Subsection 13.10(a)(iii).
Index Adjustment. In the event Lessee exercises the First Extension Option and, if applicable, the Second Extension Option, the amount of Minimum Monthly Rent payable by Lessee to Lessor shall be increased annually commencing as of the end of the sixth (6th) Lease year during the Lease Term ("Adjustment Date"). The increase in the amount of Minimum Monthly Rent shall be based upon the increase in the Index. On each Adjustment Date, the Minimum Monthly Rent shall be increased by a percentage equal to the percentage increase in the most recent Index in publication prior to the Adjustment Date over the most recent Index in publication prior to the previous Adjustment Date. In no event, however, shall the Minimum Monthly Rent be increased less than two and one-half percent (2.5%) or more than seven percent (7%) over the Minimum Monthly Rent in effect prior to the applicable Adjustment Date. Lessor shall give written notice to Lessee specifying the increase in the amount of Minimum Monthly Rent and the manner in which such increase was calculated by Lessor. Lessor's notice may be given after the effective date of any such increase by virtue of the fact that the Index for the appropriate month may be unavailable on such effective date, or for other reasons. In such event, Lessee shall pay Minimum Monthly Rent in the amount applicable to the previous Lease Year until such time as Lessor delivers to Lessee its written notice. Upon receipt of such written notice, Lessee shall pay to Lessor, within ten (10) days after the date of receipt of such notice, the total amount of the adjustment to Minimum Monthly Rent for the months elapsed between the effective date of the increase and the date of receipt of Lessor's notice ("Index Adjustment").
Index Adjustment. On July 1st of each year during the Term, Carrier shall adjust the Priority Rate by the Fee Adjustment Multiplier in effect as of such date.
Index Adjustment. On each anniversary of the Effective Date, Carrier shall adjust the Priority Rate by the Fee Adjustment Multiplier in effect as of such date.
Index Adjustment. The rent shall be index-adjusted on April 1st of each year, strictly in accordance with developments in the consumer prices index in Belgium, the so-called "health" index; the basic index figure considered shall be that of March 2000.
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Related to Index Adjustment

  • CPI Adjustment If the CPI Percentage Increase (as defined below) is more than [***] for the relevant Adjustment Period, then the Rent payable during that Adjustment Period shall be adjusted upward by a percentage equal to the CPI Percentage Increase (as defined below) applicable to such Adjustment Period, but not to exceed an adjustment during any Adjustment Period of greater than [***]. The term “Consumer Price Index” shall mean the unadjusted Consumer Price Index for All Urban Workers, U.S. City Average, All Items, 1982-84=100, calculated and published by the United States Department of Labor, Bureau of Labor Statistics. The “CPI Percentage Increase” shall mean, with respect to any Adjustment Period, [***]. For the avoidance of doubt, no CPI Adjustment shall be made to any payment due under this Ground Lease for any Adjustment Period if the result of such CPI Adjustment would be to (a) reduce the amount of such payment to an amount that is less than the amount of such payment due for the immediately preceding Adjustment Period or (b) to raise the amount of such payment to an amount that is greater than [***]. For illustrative purposes only, [***]. The CPI Percentage Increase for any Adjustment Period shall be calculated by the Tenant, and the Tenant shall deliver written notice to the Landlord describing such calculation in reasonable detail (a “CPI Notice”) no later than thirty (30) days after the commencement of any Adjustment Period. If the Landlord disagrees with the Tenant’s calculation of the CPI Percentage Increase, then the Landlord shall deliver to the Tenant written notice, describing the basis for such disagreement in reasonable detail (a “CPI Disagreement Notice”), not later than thirty (30) days after delivery of the CPI Notice. If the Landlord fails to deliver a CPI Disagreement Notice within thirty (30) days after delivery of any CPI Notice, then the Landlord shall be conclusively deemed to have agreed with the calculation of the CPI Percentage Increase set forth in such CPI Notice.

  • Price Adjustment Civil works contracts of long duration (more than 18 months) shall contain an appropriate price adjustment clause.

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