Percentage Increase means the percentage equal to the fraction, the numerator of which shall be the Index in the Anniversary Month less the Base Index, and the denominator of which shall be the Base Index.
Percentage Increase means the percentage by which the amount of a legal representative’s fee can be increased in accordance with a conditional fee agreement which provides for a success fee;
Percentage Increase means the percentage equal to the fraction, the numerator of which shall be the Current Index less the Base Index, and the denominator which shall be the Base Index. If the Current Index shall exceed the Base Index, then the annual rent payable for the ensuing lease year shall be increased be an amount equal to the "Percentage Increase" multiplied by $149,710.50. As soon a practicable after the end of the second lease year during the term of this Lease, Lessor shall send Lessee an index comparative statement setting forth the Current Index, the Base Index, the Percentage Increase, and the increase in the annual rent. On the fifth day of the calendar month ("Current Month") following the month in which the index comparative statement was sent, Lessee shall pay to Lessor (i) a sum equal to 1/12th of such increase in the base annual rent multiplied by the number of calendar months of the new lease year elapsed, and (ii) thereafter. commencing with the Current Month, and continuing monthly thereafter, the monthly installments shall be increased by an amount equal to 1/12th of such increase. In no event shall the rent charged be greater than $158,693.13 per year.
Examples of Percentage Increase in a sentence
The Base Rent shall be adjusted each January 1, during the term of the Lease by the annual Percentage Increase in the “Consumer Price Index for All Urban Consumers (CPI-U), U.S. City Average-All Items” published by the Bureau of Labor Statistics of the United States Department of Labor.
More Definitions of Percentage Increase
Percentage Increase is defined in Section 5.6(b).
Percentage Increase means the 3 yearly moving average quarterly percentage increase in the PPI and “PPI” means:
Percentage Increase means the percentage equal to the fraction, the numerator of which shall be the Index at the Anniversary less the Base Index, and the denominator of which shall be the Base Index; provided, however that the Percentage Increase for each one-year period between each Anniversary shall be not less than one percent (1%) nor shall it exceed two percent (2%); and provided, further that the Percentage Increase for each five-year period between Anniversaries shall not exceed ten percent (10%).
Percentage Increase means the percentage equal to the fraction, the numerator of which shall be the New Index less the Current Index, and the denominator of which shall be the Current Index.
Percentage Increase for each Escalation Date shall mean the increase in the Index (expressed as a percentage) during the 12-month period immediately preceding the Comparative Month.
Percentage Increase has the meaning specified in Section 8.06(a).
Percentage Increase means such percentage equal to the fraction, the numerator of which shall be the Index for the immediately preceding December less the Index for the second preceding December, and the denominator of which shall be the Index for the second preceding December.