Examples of Previous CPI in a sentence
The Rent on and from each Review Date specified in Item 5B is to be reviewed to movements in the CPI in accordance with the following formula: R2 = R1 x Current CPI Previous CPI Where: R2 is the Rent after the Review Date; and R1 is the Rent immediately before the Review Date (disregarding any abatements incentives or reductions).
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.
CPI means the rent will be determined in accordance with the following formula: CPI Rent = R x (C/P) Where R = the Rent payable immediately prior to the relevant Rent Review Date C = the Current CPI (for the most recent quarter prior to the Rent Review Date with respect to which the CPI has been published) P = the Previous CPI (for the quarter immediately before the last Rent Review Date or, if there has been no previous rent review, the date of the commencement of the tenancy).
The formula for calculating the CPI adjusted allowable rate is: Current CPI - Previous CPI 1 + Previous CPI x Previous Rate = Current Rate Definitions: CPI: The All Urban Consumers (CPI-U), Los Angeles-Riverside-Orange CO, CA, All Items, shall be used.
The Rent on and from each Review Date specified in Item 5[B] is to be reviewed to movements in the CPI in accordance with the following formula: R2 = R1 x Current CPI Previous CPI Where: R2 is the Rent after the Review Date; and R1 is the Rent immediately before the Review Date (disregarding any abatements incentives or reductions).