CPI Percentage definition

CPI Percentage means the percentage by which the "Consumer Price -------------- Index for All Urban Consumers (CPI-U); U.S. City Average, 1982-84 = 100, All Items" (or appropriate substitute index if such index is no longer published) (the "CPI") for November of the preceding Fiscal Year exceeds the CPI for August 1996.

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CPI Percentage means the percentage equal to the difference between the Consumer Price Index most recently published as of the first day of the year in question, and the Consumer Price Index for the prior year.

CPI Percentage means the percentage mentioned in paragraph (b) of the definition of “the relevant percentage” (see below);”;

Examples of CPI Percentage in a sentence

• If the Landlord fails to deliver a CPI Disagreement Notice within thirty (30) days after delivery of any CPI Notice, then the Landlord shall be conclusively deemed to have agreed with the calculation of the CPI Percentage Increase set forth in such CPI Notice.

• The CPI Percentage Increase for any Adjustment Period shall be calculated by the Tenant, and the Tenant shall deliver written notice to the Landlord describing such calculation in reasonable detail (a “CPI Notice”) no later than thirty (30) days after the commencement of any Adjustment Period.

• If the Landlord disagrees with the Tenant’s calculation of the CPI Percentage Increase, then the Landlord shall deliver to the Tenant written notice, describing the basis for such disagreement in reasonable detail (a “CPI Disagreement Notice”), not later than thirty (30) days after delivery of the CPI Notice.

• If CPI Percentage Increase (as defined below) is more than [***] for the relevant Adjustment Period, then the Rent payable during that Adjustment Period shall be adjusted upward by a percentage equal to the CPI Percentage Increase (as defined below) applicable to such Adjustment Period, but not to exceed an adjustment during any Adjustment Period of greater than [***].

• If the CPI Percentage Increase (as defined below) is more than [***] for the relevant Adjustment Period, then the Rent payable during that Adjustment Period shall be adjusted upward by a percentage equal to the CPI Percentage Increase (as defined below) applicable to such Adjustment Period, but not to exceed an adjustment during any Adjustment Period of greater than [***].

More Definitions of CPI Percentage

CPI Percentage shall equal the fraction (i) whose numerator equals the monthly Index published immediately prior to the CPI Escalation Year (or the nearest reported previous month) and (ii) whose denominator is the same monthly Index published immediately prior to the calendar year that preceded the CPI Escalation Year (or the nearest reported previous month). If the Index is discontinued with no successor Index, the City shall select a commercially reasonable comparable index. The CPI adjustment set forth herein shall not result in a reduction of the respective minimum hourly wage rates.

CPI Percentage has the meaning set forth in Section 3.1(b) of this Agreement.

CPI Percentage means the percentage increase, if any, in the Consumer Price Index (1982-84 = 100) for the Urban Wage Earners and Clerical Workers, All Items, published by the Bureau of Labor Statistics of the United States Department of Labor for Boston, MA (the “Index”) (or if there ceases to be such publication, any other substantially equivalent index selected by Landlord which is generally recognized to measure changes in the cost of living for Boston, Massachusetts), between the Index published on that certain date (the “Index Date”) which is three (3) calendar months prior to the date of commencement of the Lease Year within the Extension Period for which an Annual Adjustment is to be made and the Index last published prior to twelve (12) calendar months prior to the Index Date.

CPI Percentage shall have the meaning given thereto in Section 6.01(d);

CPI Percentage means, at any given time, the percentage increase or decrease, if any, in the then most currently available CPI ("Current Index") over the CPI most currently available as of twelve months prior to the Current Index.

CPI Percentage means the x percentage increase, if any, in the consumer price index all items Boston, Massachusetts (the “CPI Index?) publishes by the United States Department of Labor (or if there ceases to be such an index, an index reasonably selected by Landlord to reflect increases in consumer costs and prices in the Boston, Massachusetts area) between the CPX Index last published prior to commencement of the immediately preceding Lease Year and the CPI Index last published prior to commencement of the Lease Year for which the Fixed Management Fee is being computed.

CPI Percentage means a percentage equal to the percentage yearly increase in the CPI as of January 1 of each calendar year.