Index Adjustment Computation Sample Clauses

Index Adjustment Computation. The rent for each monthly rental period following the CPI Adjustment Dates, until the next CPI Adjustment Date, shall be determined prior to the CPI Adjustment Date by multiplying the rent which is effective immediately prior to said adjustment by the “adjustment figure” established as follows: (a) The “adjustment figure” shall be established by dividing the “current index” by the “base figure,” as defined herein. (b) The “current index” shall be an average of CPI index figures for the fourth, fifth and sixth months immediately preceding the adjustment date. (c) The “base figure” for the first such adjustment shall be an average of the CPI index figures for the fourth, fifth, and sixth months immediately preceding the Commencement Date (d) The “base figure” for each successive adjustment shall be an average of the CPI index figures for the one year period ending on the fourth, fifth and sixth months immediately preceding the Commencement Date immediately preceding each of the CPI Adjustment Dates or each of the Market Value Adjustment Dates, as CITY may determine in accordance with Section 3.2.2