Month of Adjustment definition

Month of Adjustment and "Base Month," as used herein, are defined in the applicable Articles of this Lease. If at any time there is no Index, Landlord shall substitute any official index published by the Bureau of Labor Statistics or by such successor or similar governmental agency as may then be in existence and shall be most nearly equivalent thereto.
Month of Adjustment means any month in which the Gross Sales Breakpoint is to be increased pursuant to this Section).
Month of Adjustment means any month in which the Minimum Annual Rental is to be increased pursuant to this Section).

Examples of Month of Adjustment in a sentence

  • Effective Date Base Month Measurement Month of Adjustment September 1999 March 2000 July 1, 2000 March 2000 September 2000 January 1, 2001 Measurement Periods and Effective Dates conforming to the above schedule shall be applicable to periods subsequent to those specified above during which this Article is in effect.

  • The Base Month shall be the month of October immediately preceding the Rent Commencement Date; the Month of Adjustment shall be the month of October during each year of the Lease Term thereafter.

  • Effective Date Base Month Measurement Month of Adjustment March 2010 September 2010 January 1, 2011 September 2010 March 2011 July 1, 2011 Measurement Periods and Effective Dates conforming to the above schedule shall be applicable to periods subsequent to those specified above during which this Article is in effect.

  • The adjustment shall be effective as of the first day of January following the Month of Adjustment.

  • Lawrence HW (1991):The neoclassical origins of modern urban forests.

  • Effective Date Base Month Measurement Month of Adjustment September 2004 March 2005 July 1, 2005 March 2005 September 2005 January 1,2006 Measurement Periods and Effective Dates to the above schedule shall be applicable to periods subsequent to those specified above during which this Article is in effect.

  • Effective Date Base Month Measurement Month of Adjustment September 2004 March 2005 July 1, 2005 March 2005 September 2005 January 1, 2006 Measurement Periods and Effective Dates conforming to the above schedule shall be applicable to periods subsequent to those specified above during which this Article is in effect.

  • Date Base Month Measurement Month of Adjustment 2000 September 1999 March 2000 July 1, March 2000 September 2000 January 1, 2001 Measurement Periods and Effective Dates conforming to the above schedule shall be applicable to periods subsequent to those specified above during which this Article is in effect.

  • Base Month Measurement Month of Adjustment September 1999 March 2000 July 1, 2000 March 2000 September 2000 January 1, Measurement Periods and Effective Dates conforming to the above schedule shall be applicable to periods subsequent to those specified above during which this Article is in effect.

  • The Base Month shall be the month in which the Rent Commencement Date occurs; the Month of Adjustment shall be the month in which the anniversary of the Rent Commencement Date occurs during each year of the Lease Term thereafter.


More Definitions of Month of Adjustment

Month of Adjustment. Base Month" and "Base Amount," as used herein, are defined in the applicable sections of this Lease. Should said Bureau discontinue the publication of the above Index, or publish the same less frequently, or alter the same in some other manner, then Landlord shall adopt a substitute procedure which reasonably reflects and monitors consumer prices and/or shall substitute any official index published by the Bureau of Labor Statistics or by such successor or similar governmental agency as may then be in existence and shall be most nearly equivalent thereto as reasonably determined by Landlord.
Month of Adjustment means any month in which the stamp purchase price is to be increased pursuant to this Section). Subject to the availability of valet parking spaces in the Project, the stamps may be used any day by Tenant's customers up until 4:00 PM and entitle the customer to park in valet parking for two hours for $4.00. If the customer parks in valet parking for longer than two hours, then the customer will pay the standard valet parking rate for time parked exceeding two hours. Landlord reserves the right to increase the rate it charges for valet parking (including the $4.00 rate) based on demand and market conditions, provided that any increase shall be applied in a non-discriminatory manner. Landlord and Tenant acknowledge that the intent of this valet parking provision is to benefit Tenant's customers who participate in racing league activity and therefore Tenant is prohibited from advertising to the public or posting signage in or on the Premises regarding the availability of valet parking stamps, provided, however, Tenant may inform league patrons and Tenant's "Driver's Club" patrons who pay an annual membership fee in exchange for special privileges of the valet parking arrangement in brochures provided the brochures are not purposefully sent or distributed to the public other than to the foregoing permitted recipients. For purposes of customer satisfaction, Tenant may also offer to validate a customer's parking to remedy a situation where a customer is dissatisfied. Tenant shall have the right to get reimbursed by Landlord for the full price paid by Tenant to Landlord for unused stamps which are returned to Landlord within one year after issuance.
Month of Adjustment means any month in which the Marketing Fund contribution is to be increased pursuant to this Section). Such Marketing Fund contribution shall be made in advance as of the first day of each calendar year upon receipt of landlord's invoice for same. Landlord shall control and administer the Marketing Fund with advice from such advisory group as a majority of the tenants at the Project shall select and Landlord shall have the right to recoup from the Marketing Fund its costs of administering the Marketing Fund.

Related to Month of Adjustment

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • Adjustment means each form of adjustment to consideration provided for in this clause.The parties acknowledge that the consideration under this Contract is inclusive of GST, where GST is calculated using the GST rate at the time of forming this Contract.The Contractor shall provide the Recipient with a Tax Invoice and/or adjustment notes in relation to the supply prior to an amount being paid by the Recipient under this Contract, and shall do all things reasonably necessary to assist the Recipient to enable it to claim and obtain any Input Tax Credit available to it in respect of a Supply.Where the GST rate is changed after the date of formation of this Contract the consideration under this Contract will be increased or decreased so that the consideration remains inclusive of GST, with GST calculated using the new GST Rate from the date of the change of the GST Rate that applies at the date of formation of this Contract. PrivacyFor the purposes of this Clause unless the context otherwise requires:

  • No Adjustment means that the relevant date shall not be adjusted in accordance with any Business Day Convention;

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • MFN Adjustment has the meaning specified in Section 2.14(b).

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Spread Adjustment means 100 basis points.

  • Adjustments means all discounts, allowances, returns, disputes, counterclaims, offsets, defenses, rights of recoupment, rights of return, warranty claims, or short payments, asserted by or on behalf of any Account Debtor with respect to any Purchased Receivable.

  • Adjustment ratio means the value of index A divided by index

  • Credit Adjustment shall have the meaning specified in Section 3.02.

  • LIBOR Adjustment Date With respect to any Payment Date, the second business day before the related Accrual Period begins. For this purpose, a “business day” is a day on which banks are open for dealing in foreign currency and exchange in London, New York City and Washington, D.

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • SNB Adjustment Spread means, with respect to the SNB Policy Rate, the spread to be applied to the SNB Policy Rate in order to reduce or eliminate, to the extent reasonably practicable under the circumstances, any economic prejudice or benefit (as applicable) to Noteholders as a result of the replacement of the Swiss Average Rate Overnight with the SNB Policy Rate for purposes of determining SARON, which spread will be determined by the Calculation Agent, acting in good faith and a commercially reasonable manner, taking into account the historical median between the Swiss Average Rate Overnight and the SNB Policy Rate during the two year period ending on the date on which the SARON Index Cessation Event occurred (or, if more than one SARON Index Cessation Event has occurred, the date on which the first of such events occurred).

  • LIBOR Rate Adjustment Date With respect to each Distribution Date, the second LIBOR Business Day immediately preceding the commencement of the related Interest Accrual Period.

  • Value Adjustments means cash lending revenues and other revenues on collateral in respect of a Series of ETP Securities.

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • Adjustment Fraction shall have the meaning set forth in Section 11(a)(i) hereof.

  • Cost of Living Adjustment or “COLA” means a percentage-based general wage increase adjustment provided in accordance with this memorandum of agreement. COLA is an upward adjustment applied to and folded into all wage rates. The "annualized average of BC CPI over twelve months” (AABC CPI) means the Latest 12-month Average Index % Change reported by BC Stats in March for British Columbia for the twelve months starting at the beginning of March in the preceding year and concluding at the end of the following February. The “Latest 12-month Average Index”, as defined by BC Stats, is a 12-month moving average of the BC consumer price indexes of the most recent 12 months. This figure is calculated by averaging index levels over the applicable 12 months. The Latest 12-month Average Index % Change is reported publicly by BC Stats in the monthly BC Stats Consumer Price Index Highlights report. The BC Stats Consumer Price Index Highlights report released in mid-March will contain the applicable figure for the 12 months concluding at the end of February. The percentage change reported by BC Stats that will form the basis for determining any COLA increase is calculated to one decimal point. For reference purposes only, the annualized average of BC CPI over 12 months from March 1, 2021 to February 28, 2022 was 3.4%.

  • RENT ADJUSTMENT Any amounts owed by Tenant for payment of Operating Expenses. The Rent Adjustments shall be determined and paid as provided in Article Four.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;