Related to PRICE INCREASE / DECREASE

Increase Amount is defined in Section 2.3(a).
Increase Notice has the meaning specified in Section 2.05(c)(ii).
CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.
Commitment Increase Notice has the meaning assigned to such term in Section 2.19.
Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

Filter & Search