Percentage Increase definition

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.
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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;
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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 $191,960.50. As soon a practicable after the end of the fourth 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 less than $191,960.50 per year.
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Examples of Percentage Increase in a sentence

  • In the fourth and every third Lease Year thereafter, the annual Base Rent due and payable shall increase by an amount equal to the lesser of: a) Seven and 35/100 Percent (7.35%) of the Base Rent payable for the immediately prior Lease Year, or b) The "CPI-U Percentage Increase" of the Base Rent payable for the prior Lease Year.

  • The Capital Contribution shall be locked as of the beginning of construction, otherwise adjusted each January 1 by the Percentage Increase in the "Consumer Price Index for All Urban Consumers (CPI-U), U.

  • Rent during the Twenty-Second, Twenty-Fifth, Twenty-Eighth, Thirty- First, and Thirty-Fourth Lease Year of the Renewal Term shall increase by the lesser of Seven and Thirty-Five One Hundredths Percent (7.35%) of the Rent payable for the preceding Lease Year, or the CPI-U Percentage Increase, as defined in Article 4 hereof.

  • Item NumberSpecified Percentage Increase per annum Unless specifically agreed to the contrary the provisions of the Clause shall only apply to the sums insured in force at the commencement of each period of insurance.

  • The column labeled "Percentage Increase (adjusted)" in the Total Return Table shows the total return of the Fund as a percentage change with adjustment for the maximum sales charge.


More Definitions of Percentage Increase

Percentage Increase is defined in Section 5.6(b).
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Percentage Increase means the 3 yearly moving average quarterly percentage increase in the PPI and “PPI” means:
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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%).
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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.
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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.
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Percentage Increase has the meaning specified in Section 8.06(a).
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Percentage Increase means the percentage equal to a fraction, the numerator of which shall be the change in the Index from March of the year prior to the adjustment year to March of the year in which the adjustment will take place. The fraction’s denominator shall be the Index for March of the year prior to the adjustment year. In no event shall the Base Rent decrease. For illustration purposes only, the adjustment shall be calculated as follows: Base Rent + [Base Rent (percentage of CPI Increase + 1%)] = New Rent Assuming that Base Rent is $1,814, CPI for March 2019 is 250, and CPI for March 2020 is 260, then: New Rent = $1,814 + [$1,814 (10/250 + 1%)] = $1,814 + ($1,814)(0.05) = $1,905.
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