Linkage Differentials definition

Linkage Differentials. Linked Values,” and any similar expression - — The multiplication of the relevant sum by the rate of the ratio between the Index at the time of making the relevant calculation and/or the payment and the Basic Index or by the ratio between any other indexes, if stated expressly, provided that that in any event the Index at the time of making the calculation and/or the payment will not fall below the Basic Index.

Linkage Differentials the amount which is obtained by multiplying the relevant amount by the difference between the New Index and the Base Index, divided by the Base Index.

Linkage Differentials means any amount to be added to the principal of, or Interest in respect of, any Advance denominated in NIS as a result of any increase in the Cost of Living Index;

Examples of Linkage Differentials in a sentence

• In consideration of the first year of the Term of the Lease, the Lessee shall pay the Lessor Rental Fees as follows: For the office space in the Leased Property — a total of NIS 47 per square meter per month, with added VAT as required by law, against provision by the Lessor of a valid tax receipt, with added Linkage Differentials as set forth in the Definitions section of the Agreement.

• Insofar as the Lessor does not otherwise notify the Lessee, any amount owed the Lessor by the Lessee shall be allocated in the following manner: first for interest, then for Linkage Differentials.

• In consideration of every subsequent year of the Term of the Lease (from year 2 onward), the Lessee shall pay the Lessor Rental Fees as follows: For the office space in the Leased Property — a total of NIS 50 per square meter per month, with added VAT as required by law, against provision by the Lessor of a valid tax receipt, with added Linkage Differentials as set forth in the Definitions section of the Agreement.

• For the laboratories and Public Areas — a total of NIS 43 per gross square meter per month, with added VAT as required by law, against provision by the Lessor of a valid tax receipt, with added Linkage Differentials as set forth in the Definitions section of the Agreement.

• For the laboratories and Public Areas — a total of NIS 40 per square meter per month, with added VAT as required by law, against provision by the Lessor of a valid tax receipt, with added Linkage Differentials as set forth in the Definitions section of the Agreement.

More Definitions of Linkage Differentials

Linkage Differentials. The amount by which each payment shall be increased which shall be determined in the following manner: if on the date of any particular payment the New Index shall be higher than the Basic Index, the payment shall be increased according to the rate of the rise of the New Index as against the Basic Index.

Linkage Differentials multiplying the relevant amount by the rate of the ratio between the Known Index and the Base Index. If it should be evident that the Known Index is lower than the Base Index, then the calculation and/or the payment will be payment without any reduction whatsoever that derives from the reduction of the Known Index. The "MANAGEMENT COMPANY" - a management and maintenance company that will deal with the provision of services involved in management, maintenance and operation of the building as specified in the Management Control (Appendix IV to this Contract) and as long as no management company is appointed, its undertakings will apply to the Lessor. The "PUBLIC AREAS OF THE BUILDING" - the areas of the Building that are designed for use of all or part of the tenants and/or owners of areas in the building other than the areas that are part of the Rented Premises or areas that are designated solely or mainly for the use of the Lessee. The "BANK" - Bank Leumi l'Israel Ltd.

Linkage Differentials. The difference between the New Index and the --------------------- Base Index, divided by the Base Index and multiplied by the Rental Fee at the above rate.

Linkage Differentials means the amount obtained from the multiplication of the relevant payment by the difference between the New Index and the Basic Index, divided by the Basic Index. It is clarified that in any event, for the purpose of calculating the Linkage Differentials, a New Index that is lower than the Basic Index shall not be considered.

Linkage Differentials. The difference between the New Index and the Basic Index, divided by the Basic Index, and multiplied by the basic rentals.

Linkage Differentials means any amount added to the principal and the interest thereon, in consequence of linkage to the consumer price index.

Linkage Differentials the difference between the New Index and the Basic Index, divided by the Basic Index and multiplied by the amount of the rent under this Agreement. The Lessee will give the Company an advance equal to four (4) monthly rent payments. It is agreed between the parties that, without derogating from the Company's rights, if the Lessee does not pay rent on time and continues not to pay after receiving written notice of the delinquency, then, after 30 days, the Company shall be entitled to demand six (6) months payment of rent. If the Lessee cancels the lease prior to the end of the lease period, the Lessee will still be obligated to pay the entire amounts according to this agreement. If the Company succeeds in leasing the building to a new tenant, then the Lessee is charged three (3) months rent plus the difference between the lessee's rent and the new rent if the new rent is less than the lessee's rent. ADEQUACY --------- The Lessee confirms that it has seen and examined the Premises and found no inadequacies.