CPI Adjustment Date definition

CPI Adjustment Date. The term “CPI Adjustment Date” shall mean the following dates: (a) that date 121 months after the first day of the first full calendar month following the Commencement Date; (b) the first day of the First Extension Period; (c) the first day of the Third Extension Period; and (d) the first day of the Fourth Extension Period.”

CPI Adjustment Date means the first day of the month following the month in which the first anniversary of the Effective Date occurs, and every one year anniversary thereafter during the Lease Term.

CPI Adjustment Date means January 1 of the year in which the third anniversary of the Commencement Date falls, and January 1 of every year thereafter.

Examples of CPI Adjustment Date in a sentence

• Such fraction shall not exceed, for any CPI Adjustment Date, an amount in excess of one hundred percent, multiplied by the number of CPI Adjustment Dates that have then occurred (including the present one).

• If the Adjustment Index has increased over the Beginning Index since the last CPI Adjustment Date, then the monthly Base Rent for the next Lease Year shall be increased by multiplying the amount of the last payment of monthly Base Rent by a fraction, the numerator of which is the Adjustment Index and the denominator of which is the Beginning Index.

• Landlord shall give Tenant written notice indicating the adjusted Base Rent and the method of computation, and, on or before the first day of the first calendar month following Tenant's receipt of such written notice, Tenant shall pay to Landlord an amount equal to the underpayment of Base Rent by Tenant for the period from the CPI Adjustment Date until such date.

• Effective as of each CPI Adjustment Date, the Base Rent shall be adjusted to an amount to be determined by Multiplying the CPI Base by a fraction, the numerator of which shall be the Index for the calendar month in which the Commencement Date occurs and the denominator being the Index from the calendar month most recently published as of the CPI Adjustment Date.

• The percentage adjustment for any given year will be based on the monthly average Index for the calendar year immediately preceding the CPI Adjustment Date as compared with the Base Index.

More Definitions of CPI Adjustment Date

CPI Adjustment Date means each anniversary of the Commencement Date.

CPI Adjustment Date means January 1 of the sixth Calendar Year after the Effective Date. Deliverables means information, project plans and designs, contract documentation, contract supervision, planning studies, and other relevant information as defined in the Contract that the Consultant has committed to provide to the Minister under the terms of the Contract.

CPI Adjustment Date means the date of the Commencement Date of the year in which the first anniversary of the Commencement Date falls and that same month of commencement date of every year thereafter.

CPI Adjustment Date means 1 July 2019 and each anniversary of 1 July 2019.

CPI Adjustment Date means the first day of the eleventh (11th) Lease Year and the first day of each subsequent Lease Year. (See Paragraph (c) below for a limitation on the start of the CPI Adjustment Dates.)

CPI Adjustment Date means the date 120 months from the first day of the first full calendar month following the Commencement Date and the first day of each Extension Period.

CPI Adjustment Date means the date set out in Item 5. Date of Completion means the date that the performance of the Services is completed by the Contractor to the satisfaction of Metro, in its absolute discretion, and notified by Metro to the Contractor in writing. Details means that part of this Agreement headed “Details”.