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.
Sample 1Sample 2
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

  • 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.

  • In no event shall the Base Rent be adjusted by the CPI Formula to result in a lower monthly Base Rent than was payable during the previous year of the Lease.

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

  • The "CPI Formula" shall provide for the Basic Rent to be multiplied by a fraction, the numerator being the Index published for the month immediately preceding the month the Rent Adjustment is to be effective, and the denominator being the Basic Index.

  • 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.

  • Obligations FoncièresCondition 5(c) of the Terms and Conditions of the Obligations Foncières allows for the issuance of Obligations Foncières having a denomination of at least EUR100,000 with interest determined by reference to the Index Formula, the Underlying Formula, the CPI Formula or the HICP Formula (together, the "Formulas"), where interest amounts are dependent upon a formula.Obligations Foncières linked to Formulas can be volatile investments.

  • Commencing on the 13th month of the Extension Term (the "Adjustment Date") and occurring on each anniversary of the Adjustment Date thereafter and continuing throughout the entire Extension Term, the Basic Rent shall be adjusted annually by applying the CPI Formula set forth below to the total amount of the monthly Basic Rent for the prior year during the Extension Term.

  • In no event shall the monthly Basic Rent adjustment based upon the CPI Formula result in an annual increase more than three percent (3%) per year of the Basic Rent of the previous year per annual adjustment.

  • The "CPI Formula" means Basic Rent multiplied by a fraction, the numerator being the Index published for the month immediately preceding the month the adjustment is to be effective, and the denominator being the Basic Index.


More Definitions of CPI Formula

CPI Formula means B – A where:
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 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 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

Related to CPI Formula

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

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  • Accrual Components As specified in the Preliminary Statement.

  • 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.

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  • Formula Price means the highest of: (a) the highest composite daily closing price of the Stock during the period beginning on the 60th calendar day prior to the Change of Control and ending on the date of such Change of Control, (b) the highest gross price paid for the Stock during the same period of time, as reported in a report on Schedule 13D filed with the Securities and Exchange Commission, or (c) the highest gross price paid or to be paid for a share of Stock (whether by way of exchange, conversion, distribution upon merger, liquidation or otherwise) in any of the transactions set forth in Section 9 of the Plan as constituting a Change of Control; provided that in the case of the exercise of any such Right related to an Incentive Stock Option, “Formula Price” shall mean the Fair Market Value of the Stock at the time of such exercise.

  • SOFR Compounded Index means the Compounded 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

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  • Qualifying country component means a component mined, produced, or manufactured in a qualifying country.

  • Multiplier means the Multiplier specified in the Table.

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  • Accumulation Period Factor means, for any Collection Period, a fraction with:

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  • Rate of Gross Profit means the gross profit earned expressed as a percentage of the turnover during the period between the date of the commencement of the business and the date of the incident.

  • Severance Multiplier means, with respect to any termination of Employee’s employment hereunder by the Company without Cause or by Employee with Good Reason, 1; provided, however, that in the event such termination occurs within the two (2) year period following a Change in Control, the Severance Multiplier shall instead equal 2.

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