Current CPI definition

Current CPI means the CPI for the quarter ending immediately before the relevant Review Date.
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Current CPI means the Consumer Price Index number last published before the relevant Rent Review Date.
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Current CPI means the Consumer Price Index number for the quarter ending immediately before the relevant CPI Review Date.
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Examples of Current CPI in a sentence

  • If on any Adjustment Date, the Current CPI exceeds the Comparative CPI, then beginning on the applicable Adjustment Date, the monthly Base Rent shall be increased to equal an amount determined by multiplying the initial Base Rent by a fraction, the numerator of which is the Current CPI and the denominator of which is the Comparative CPI.

  • Such increase shall not exceed, as a percentage, one half (1/2) of the percentage by which the Current CPI Index increased from the Base CPI Index.

  • If such change is merely to redefine the base year for the CPIU from 1967 to another year, the parties shall continue to use the CPIU but shall, if necessary, convert either the Base CPI Index or the Current CPI Index to the same basis as the other by multiplying such index by the appropriate conversion factor.

  • The Rent on and from each Review Date specified in Item 5B is to be reviewed to movements in the CPI in accordance with the following formula: R2 = R1 x Current CPI Where: R2 is the Rent after the Review Date; and R1 is the Rent immediately before the Review Date (disregarding any abatements incentives or reductions).

  • In the event of such increase, the throughput charge will be increased by an amount equal to the product obtained by multiplying the original throughput charge by a fraction, the numerator of which will be the Current CPI and the denominator of which will be the Commencement Date CPI.


More Definitions of Current CPI

Current CPI means the CPI number for the quarter ending immediately before the relevant CPI Review Date;
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Current CPI means the CPI number for the quarter ending immediately before 30 June in the year in which the relevant adjustment is made.
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Current CPI means for a CPI Review Date, the CPI number for the quarter ending immediately before that Review Date; and
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Current CPI means the Consumer Price Index number last published before the relevant Rent Review Date, or if an actuary is appointed under clause 5.2 to determine an index, the number certified by that actuary;
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Current CPI means the “Consumer Price Index” on the selected date. The term “Original CPI” shall mean the “Consumer Price Index” for October 15, 2021. The term “Consumer Price Index” as used in this Section 7.2 herein shall mean “United States City Average All Items for All Urban Consumers (CPI-U, 1982-84=100)” published by the Bureau of Labor Statistics of the U.S. Department of Labor. If the publication of the Consumer Price Index of the U.S. Bureau of Labor Statistics is discontinued, comparable statistics on the purchasing power of the consumer dollar published by a responsible financial periodical selected by Landlord shall be used for making such computations.
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Current CPI means the Consumer Price Index number for Brisbane - All Groups (or the index officially substituted for it) for the quarter last published immediately before the relevant Review Date.
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Current CPI means the "Consumer Price Index" on the selected date. The term "Original CPI" shall mean the "Consumer Price Index" for February 1, 1996. The term "Consumer Price index" as used in this Section 7.2 and in Section
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