INDEXATION OF THE RENT. In case of a student tenancy agreement with a term exceeding one year, the rent may be adjusted once a year to the cost of living on the anniversary of the effective date of the tenancy agreement, unless this adjustment is explicitly excluded. The rent will be adjusted to the cost of living once a year on the anniversary of the effective date of the tenancy agreement. The rent will not be adjusted to the cost of living.
INDEXATION OF THE RENT. The annual indexation of the rent, mentioned in Article 5 of this Addendum 23 and linked to the 2013 health index, will take place on July 1st of each year (and for the first time on July 1, 2023), based on the 2022 health index.
INDEXATION OF THE RENT. Every year on the anniversary of this lease agreement (date of signature), automatically and without any form of notice of default, an adjustment of the rent will take place on the basis of the health index figure and this according to the following formula: new rental price = base rent x new index base index figure The basic index figure is the index figure of the month preceding the month during which the lease agreement was closed. The new index figure is the index figure of the month prior to the anniversary of the effective date of the lease agreement. The new rental price can never be lower than the last rent paid, calculated in accordance with the applicable index figure. The Lessor can only abandon this system through an express, signed confirmation in writing.
INDEXATION OF THE RENT. The rent for the premises designated above is allocated from a sliding scale clause and proportionally to the construction cost index published quarterly by INSEE [National Institute of Economic and Statistical Information]. This sliding scale clause shall not exclude each of the parties from being able to request the adjustment of the rent under the terms of Articles 27 or 28 of the Decree of September 30, 1953. In this event, the legal, conventional, or judicial adjustment shall temporarily replace the sliding scale clause and the latter shall continue for subsequent years, the variations of the index then playing a role regarding the amount of the rent fixed, either informally or by judicial decision or in application of the legal adjustment. The adjustment of the rent shall take place ipso jure and without any formality: - for the first time, on January 1, 2002, as a function of the variation between the base index and the last known INSEE construction cost index; - then annually, on January 1st of each year, as a function of the variation of the index considered. The base index used to establish the initial rent stipulated above is that for the first quarter of 2000, which is 1,083. In the event of cessation of publication or of disappearance of the index chosen prior to expiration of the lease, and if a new index has been published to replace the one currently in effect, the rent shall be ipso jure adjusted as a function of the variations of this new index. The switch from the old index to the new index shall be made using the necessary link factor. If the index chosen cannot be applied and if no other replacement index has been published, the parties agree: - to replace it with a similar index chosen by them; - in the absence of an agreement between the parties, to choose a replacement index determined by an expert designated by the parties or, in the absence of an agreement between the parties regarding the name of this expert, designated by order of the President of the MEAUX Departmental Court ruling at the request of the most xxxxgent party. In all cases, the expert shall have all powers of mutual representative of the parties and his decision shall be final and without recourse. While awaiting the expert's decision, the Lessee may not delay payment and must pay, as an installment, upon submission of the receipt, a sum equal to that paid previously, the adjustment being retroactive to the effective date of the adjustment.
INDEXATION OF THE RENT. Reference index - INSEE Construction quarterly ---------------------------------------------- - Base index - 4th quarter 1995 - value: 1013 (latest published on the date of the present contract) - Date of the first indexation: July 1, 1998, and July 1 of each year thereafter
INDEXATION OF THE RENT. The rent shall increase automatically every year on the anniversary of the effective date of the lease, proportionately to the variations of the National Index of the Cost of Construction published by the National Institute of Statistics and Economic Studies, base 100 in the 4th quarter of 1953. The application of this indexation clause may not, in any case, have the effect of bringing the rent to an amount lower than the initial rent. For the first year, the index established in article 30 of the Special Conditions shall be compared to the index of the same quarter of the following year. For subsequent years, the index selected at the time of the previous reevaluation and the index of the same quarter of the following year shall be compared. If the index chosen for the annual indexation stopped being published, this indexation would be made taking as base either the replacement legal index or a new index selected by mutual agreement between the parties. In the absence of agreement, the parties undertake to resort to the decision of the court expert designated by order of the Presiding Judge of the Court of First Instance of PARIS at the request of the most diligent party, sharing the expenses half and half between the parties. This conventional indexation of the rent is an essential and decisive condition of this lease, without which it would not have been executed. In addition, the legal revision currently set forth in articles L145-37, L145-38, and L145-39 of the Commercial Code remains applicable.
INDEXATION OF THE RENT. Reference index: INSEE Index of the cost of construction Of the 4th quarter 2010 I.e. 1533
INDEXATION OF THE RENT. The annual indexation of this rent, mentioned in Article 4 of this Addendum 18, will take place on August 1, of each year (and for the first time on August 1, 2020), with base index July 2019.
INDEXATION OF THE RENT. As an essential term of this lease, the Parties expressly agree that, at the end of the period of renovation of the Building as referred to in the recitals, the rent provided for in Clause 9 above shall be reviewed each year with effect on the anniversary date of the Effective Date, based on the annual variation upwards or downwards of the French National Index of Building Costs (l’Indice National du Coût de la Construction) as drawn up by INSEE. The French National Index of Building Costs used as a reference shall be that of the 4th quarter of 2007 (1.474). The index to be compared with it shall be that of the same quarter preceding the anniversary date of the Effective Date. The indexation shall take effect without the parties being bound by any prior amendment. In the event of a delay in the publication of the index, the Lessee shall be obliged to pay on a provisional basis a rent equal to that of the quarter preceding the Effective Date, and an adjustment shall be made once the index has been published. This annual indexation of the rent shall not prevent requests for statutory reviews that may be made by either of the parties pursuant to Article L 145-38 of the French Commercial Code.
INDEXATION OF THE RENT. Indexation of the rent is allowed if it has been agreed by the parties. Indexation may be requested at the earliest on the anniversary date of the entry into force of the lease and is calculated according to a legal formula that takes into account the evolution of the health index: Base rent X new index ---------------------------------------- Starting index The base rent is the rent that was agreed at the start of the lease. The new index is the health index of the month before the anniversary date of the start of the lease. The starting index is the health index of the month before the date of signing the lease. The health index can be found at the following address: xxxxx://xxxxxxx.xxxx.xx/fr/themes/prix-laconsommation/indexation-du-xxxxx
