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

Examples of Adjustment Index in a sentence

• It is the purpose of this resale price restriction and the selection of the above designated Price Adjustment Index to allow the initial and subsequent Owners of the Condominiums in the Project to maintain relative parity as to changes in the value of their Condominiums with housing of similar type in geographically and demographically similar residential real estate markets and yet to retain resale prices, if possible, in a range of affordability for members of the Pepperdine University community.

• In the event that either of the indices used to calculate the Price Adjustment Index is hereafter discontinued, ceases to be published regularly, is materially modified or otherwise in the judgment of Declarant becomes inappropriate for the purpose stated herein, Declarant shall from time to time select another comparable regularly published index or indices or other statistical indicator that will serve to fulfill the below stated intent.

• 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.

• 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.

• If the Adjustment Index has increased over the Base Index, then the Rent payable on and after the Adjustment Date shall be set by multiplying the Rent by a fraction, the numerator of which is the Adjustment Index and the denominator of which is the Base Index.

More Definitions of Adjustment Index

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.

Adjustment Index means (i) with respect to any Sponsor 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 Sponsor 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 pursuant to the Corporate Loan Agreement.

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 has the meaning set forth in Section 4.5.

Adjustment Index is the Indices issued for the month prior to the adjustment date.

Adjustment Index is the Indices issued for the third month prior to the adjustment date.

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