Examples of CPI Index in a sentence
Thereafter, on each successive one (1) year anniversary, the Monthly Rent shall equal the Base Rent, adjusted to include any increases in the CPI Index in the start of the 2nd year of the Term from the Base Year, not to exceed five percent (5%) per year.
As used herein the term “Base Year” shall mean the first year of the Term of this Lease, and “CPI Index” shall mean the current Consumer Price Index for All Items Less Food and Energy issued by the Bureau for Labor Statistics of the U.S. Department of Labor; provided, that, in the event the Bureau for Labor Statistics of the U.S. Department of Labor ceases to publish the CPI Index, the parties agree to use a commercially accepted replacement thereof as currently used in the Wichita metropolitan area.