CPI Formula definition

CPI Formula means the sum of the Consumer Price Index for the year ending with the month of April of the then-current Lease Year, minus the Consumer Price Index for the year ending with the month of April of the Lease Year immediately preceding the then-current Lease Year.
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CPI Formula means the formula set out in Clause 4.12.1.
Sample 1
CPI Formula means Base Rent for the first full month after the Commencement Date multiplied by a fraction, the numerator being the Index published for the month immediately preceding the month in which the adjustment is to be effective (the "New Index"), and the denominator being the Base Index. If the Index is changed so that the Index differs from that used as of the Commencement Date of the Lease, the Index shall be converted in accordance with the conversion factor published by the United States Department of Labor, Bureau of Labor Statistics. If the Index is discontinued or revised during the Term of this Lease, such other governmental Index or computation with which it is replaced shall be used in order to obtain substantially the same results as would be obtained if the Index had not been discontinued or revised.
Sample 1

Examples of CPI Formula in a sentence

  • In no event shall the monthly Base Rent adjustment based upon the CPI Formula result in an increase greater than three percent (3%) of the Base Rent payable in the month preceding the applicable adjustment.

  • From and after the first (1st) anniversary of the Commencement Date, on the first day of the first full calendar month thereafter (the "Adjustment Date") and on every anniversary of the Adjustment Date thereafter, Base Rent shall be adjusted by applying the CPI Formula set forth below.

  • The "CPI Formula" means Base Rent for the first full month after the Commencement Date multiplied by a fraction, the numerator being the Index published for the month immediately preceding the month in which the adjustment is to be effective (the "New Index"), and the denominator being the Base Index.


More Definitions of CPI Formula

CPI Formula means the sum of the CPI for the month of August (published by BLS in September) of the then-current Lease Year, minus the CPI for August of the Lease Year immediately preceding the then-current Lease Year. If the CPI for All Urban Consumers is discontinued, then any successor CPI of the United States Bureau of Labor Statistics, or successor agency thereto, as selected by the City and Lessee, shall be used, and if there is no successor CPI, the City shall designate a substitute price adjustment index and formula subject to the reasonable approval of Lessee.
Sample 1
CPI Formula means the sum of the Consumer Price Index for the month of October of the then-current Lease Year, minus the Consumer Price Index for October of the Lease Year immediately preceding the then-current Lease Year. If the Consumer Price Index for All Urban Consumers is discontinued, then any successor Consumer Price Index of the United States Bureau of Labor Statistics, or successor agency thereto, as selected by the City and Lessee, shall be used, and if there is no successor Consumer Price Index, the City shall designate a substitute price adjustment index and formula subject to the reasonable approval of Lessee.
Sample 1
CPI Formula means: Counter Fee = CF x C1 C2 Where:
Sample 1
CPI Formula means the sum of the Consumer Price Index for the year ending with the month of December of the then-current Lease Year, minus the Consumer Price Index for the year ending with the month of December of the Lease Year immediately preceding the then-current Lease Year. If the Consumer Price Index for All Urban Consumers is discontinued, then any successor Consumer Price Index of the United States Bureau of Labor Statistics, or successor agency thereto, as selected by the City and Lessee, shall be used, and if there is no successor Consumer Price Index, the City shall designate a substitute price adjustment index and formula subject to the reasonable approval of Lessee.
Sample 1
CPI Formula means B – A where:
Sample 1

Related to CPI Formula

  • Infant formula means a food that is intended for con- sumption by infants.

  • Formula means the appropriate secondary road fund distribution formula or farm-to-market road fund distribution formula as defined in subrules 102.2(2) and 102.2(3).

  • Performance Formula means, for a Performance Period, the one or more objective formulae applied against the relevant Performance Goal to determine, with regard to the Performance Compensation Award of a particular Participant, whether all, some portion but less than all, or none of the Performance Compensation Award has been earned for the Performance Period.

  • SOFR Compounded Index means the Compounded Daily SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • SONIA Compounded IndexEnd means the SONIA Compounded Index Value on the date falling “p” London Business Days prior to (i) in respect of an Interest Accrual Period, the Interest Payment Date for such Interest Accrual Period, or (ii) if the Notes become due and payable prior to the end of an Interest Accrual Period, the date on which the Notes become so due and payable; and

  • Weighting factor wT for an organ or tissue (T) means the proportion of the risk of stochastic effects resulting from irradiation of that organ or tissue to the total risk of stochastic effects when the whole body is irradiated uniformly. For calculating the effective dose equivalent, the values of wT are:

  • Multiplier means 1.0.

  • SONIA Compounded Index means the index known as the SONIA Compounded Index administered by the Bank of England (or any successor administrator thereof);

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Design Criteria Package means concise, performance-oriented drawings or specifications for a public construction project. The purpose of the Design Criteria Package is to furnish sufficient information to permit Design-Build Firms to prepare a bid or a response to the District’s Request for Proposals, or to permit the District to enter into a negotiated Design- Build Contract. The Design Criteria Package must specify performance- based criteria for the public construction project, including the legal description of the site, survey information concerning the site, interior space requirements, material quality standards, schematic layouts and conceptual design criteria of the project, cost or budget estimates, design and construction schedules, site development requirements, provisions for utilities, stormwater retention and disposal, and parking requirements applicable to the project. Design Criteria Packages shall require firms to submit information regarding the qualifications, availability, and past work of the firms, including the partners and members thereof.