Adjustment Index definition

Adjustment Index means the Index which is published most immediately preceding a particular Adjustment Date.

Adjustment Index means the Index in effect for the calendar month which is three (3) months prior to the calendar month in which the Adjustment Date occurs. If the Index shall cease to be published , and there is no Index in effect for such month, the Adjustment Index shall be the most currently available quotation of the Index published prior to the relevant Adjustment Date.

Adjustment Index means the Index which is published for the bimonthly period that includes the month immediately preceding the Lease Year for which an adjustment is to be made pursuant to this Section 4.2. As used herein, the term "Beginning Index" shall mean the Index published for the bimonthly period that includes the month immediately preceding the month in which the first (1st) day of the first (1st) Lease Year occurs. On the first day of the second (2nd) Lease Year and on the first day of each Lease Year thereafter during the Lease Term, the Adjustment Index for the subject Lease Year shall be compared with the Beginning Index. If the Adjustment Index for the subject Lease Year has increased over the Beginning Index, then the percentage increase of the Adjustment Index for the subject Lease Year over the Beginning Index shall be determined, and shall be that percentage which is equal to the product of 100 and a fraction, the numerator of which is the Adjustment Index minus the Beginning Index, and the denominator of which is the Beginning Index.

Examples of Adjustment Index in a sentence

• Method of Adjustment:Calculation Agent Adjustment Index Adjustment Events: Index Cancellation:Calculation Agent Adjustment Index Modification:Calculation Agent AdjustmentIndex Disruption:Calculation Agent Adjustment 11.

• The Purchase Index shall be the Price Adjustment Index (as defined below) calculated using the price data most recently received by Declarant as of the date the purchase agreement is fully executed.

• If the Adjustment Index has increased over the Beginning Index, the monthly payment shall be increased by the amount obtained by multiplying the base sum by a fraction, the numerator of which is the Adjustment Index and the denominator of which is the Beginning Index.

• Beginning as of the Initial Adjustment Date and continuing on each Adjustment Date thereafter, the Base Rent shall be increased to equal the product achieved by multiplying the initial Base Rent amount by a fraction, the numerator of which shall be an amount equal to the sum of (i) the Beginning Index plus (ii) two-thirds (2/3) of the amount, if any, by which the Adjustment Index is greater than the Beginning Index, and the denominator of which will be the Beginning Index.

• The Sales Index shall be the Price Adjustment Index (as defined below) calculated using the price data most recently received by Declarant as of the date the sales agreement is fully executed.

More Definitions of Adjustment Index

Adjustment Index means the Broad Consumer Price Index — IPCA, disclosed by the Brazilian Institute of Geography and Statistics — IBGE, or another index that may replace it.

Adjustment Index means (i) with respect to any Property in an MSA for which a market-specific S&P CoreLogic Case-Shiller Home Price NSA Index is published, the S&P CoreLogic Case-Shiller Home Price NSA Index for such MSA (e.g., the S&P CoreLogic Case-Shiller Atlanta Home Price NSA Index, the S&P CoreLogic Case-Shiller Miami Home Price NSA Index, etc.), and (ii) with respect to any Property in an MSA for which a market-specific S&P CoreLogic Case-Shiller Home Price NSA Index is not published, the S&P CoreLogic Case-Shiller U.S. National Home Price Index, a repeat sales, value and interval weighted, econometric home price index model that measures changes in U.S. single-family housing market prices. If the S&P CoreLogic Case-Shiller U.S. National Home Price Index is no longer published the Adjustment Index shall be mutually agreed upon by the Borrower, the Administrative Agent and the Lenders.

Adjustment Index shall be the Index published most immediately preceding the Adjustment Date. The monthly Base Rent until the next Base Rent adjustment shall be determined by multiplying the monthly Base Rent then currently being paid by a fraction, the numerator of which is the Adjustment Index and the denominator of which is the Beginning Index. However, in no event will the monthly Base Rent be increased by an amount less than 3% per year or more than 5% per year. If the 1982-1984 base of the Index is changed, the new base shall be converted to the 1982-1984 base in accordance with the U.S. Department of Labor's conversion factor, and the base as so converted shall be used. If the U.S. Department of Labor ceases to publish the Index, then the successor index designated by the U.S. Department of Labor or, if no successor index is so designated, the most nearly comparable index shall be used.

Adjustment Index means the Index last published prior to each anniversary of the Effective Date of the HCP.

Adjustment Index means the General Market Price Index (IGP-M), as measured by the Xxxxxxx Xxxxxx Foundation (FGV) annually.

Adjustment Index means the adjustment index determined as set forth in Schedule 1.1(E) to this Agreement.

Adjustment Index means the level of the Index for the two calendar months immediately preceding the applicable Adjustment Date. As of each Adjustment Date, Minimum Rent shall be increased (but not decreased) (an “Adjustment”) to an amount equal to the greater of (A) the Minimum Rent payable for the first Lease Year multiplied by a fraction, the numerator of which is the Adjustment Index and the denominator of which is the Beginning Index, or (B) one hundred three percent (103%) of the Minimum Rent payable for the calendar month immediately preceding the Adjustment Date ("Minimum Adjusted Rent"). Notwithstanding the foregoing, Minimum Rent on each Adjustment Date shall be not more than one hundred eight percent (108%) of the Minimum Rent in effect as of the day before the applicable Adjustment Date. If Owner is unable to calculate the Adjustment and provide it to Tenant prior to an Adjustment Date, Tenant shall pay the Minimum Adjusted Rent until the adjustment is calculated and, within ten (10) days after the calculation is made