Examples of Previous CPI in a sentence
Determine level of CPI knowledge.1. Previous CPI team experience.2. Previous belt training.Determine process level knowledge.1. Are they SMEs?2.
Previous CPI means the CPI number for the quarter ending immediately prior to the last date that the Rent was reviewed, adjusted or increased, or the Commencement Date (whichever is the later).
If a CPI Adjustment Date is specified in Item 11, the Rent on the CPI Adjustment Date will be adjusted to an amount equal to the Rent payable immediately prior to the CPI Adjustment Date multiplied by the Current CPI and divided by the Previous CPI.
Note: In the event that ‘CP2’ (CPI at the time the levy is paid) is less than ‘CP1’ (CPI at the time the original development cost was submitted to Council), ‘CP2’ shall be taken as not less than the Previous CPI and no adjustment will occur.
Previous CPI means for a CPI Review Date, the CPI number for the quarter ending immediately before the last Review Date (or if there has not been one, the Commencement Date).