CONSUMER PRICE INDEX INCREASES Clause Samples

The Consumer Price Index Increases clause allows for adjustments to payments or prices in a contract based on changes in the Consumer Price Index (CPI). Typically, this means that if the CPI rises, the amounts payable under the contract—such as rent, service fees, or other recurring charges—are increased proportionally to reflect inflation. For example, an annual rent payment might be recalculated each year according to the percentage change in the CPI over the previous year. This clause ensures that the real value of payments keeps pace with inflation, protecting the receiving party from the eroding effects of rising prices.
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CONSUMER PRICE INDEX INCREASES. Commencing on the first anniversary of the Commencement Date and on each subsequent anniversary thereof (the “Adjustment Date”), the monthly base rental described in Section 4.1 shall be increased by an amount equal to the increase in the Consumer Price Index for each twelve (12) month period immediately preceding the Adjustment Date, which would not be less than three percent (3%) or greater than five percent (5%). The adjusted monthly base rental shall become the base rental for the next twelve (12) month period. The Consumer Price Index hereinabove referred to is the United States Department of Labor, Bureau of Labor Statistics, Consumer Price Index for all Urban Consumers, West Urban, All Items, 1982—84 = 100. Should the Bureau of Labor Statistics discontinue publication of the Consumer Price Index, then the computation of the adjustment of base rental during each period shall be the one the Bureau designates as providing the most accurate in comparison with consumer prices for each period of the Term.
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CONSUMER PRICE INDEX INCREASES. For each year of this Lease (initial and renewal terms) after the first lease year (the "Base Year"), the rent stated hereinabove shall be adjusted on the basis of any increase in the cost of living as reported in the Consumer Price Index for All Urban Consumers (CPI-U), All Items, United States City Average (1982-1984 equals 100) (the "Index") published by the Bureau of Labor Statistics (the "Bureau") of the United States Department of Labor, between the most recent available monthly Index figure (the "Adjustment Level") and the monthly Index figure for the same month in the prior year (the
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CONSUMER PRICE INDEX INCREASES. Commencing on the first anniversary of the Commencement Date and on each subsequent anniversary thereof (each an “Adjustment Date”) during the Term, Monthly Base Rent shall increase by an amount equal to the increase in the Consumer Price Index from the Commencement Date (or the immediately preceding Adjustment Date, as applicable) to the most recent date prior to the Adjustment Date for which the Consumer Price Index has been published; provided, however, that no such increase shall exceed three percent (3%) of the Monthly Base Rent that was in effect during the year immediately preceding the applicable Adjustment Date. The Consumer Price Index hereinabove referred to is the United States Department of Labor, Bureau of Labor Statistics, Consumer Price Index for all Urban Consumers, West Urban, All Items, 1982 - 84 = 100. Should the Bureau of Labor Statistics (the “Bureau”) discontinue publication of the Consumer Price Index, then the computation of the adjustment of Monthly Base Rent on each Adjustment Date shall be based on the index that the Bureau designates as providing the most accurate in comparison with consumer prices for the applicable period of the Term.
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CONSUMER PRICE INDEX INCREASES. Commencing on the first anniversary of the Commencement Date and on each subsequent anniversary thereof (the “Adjustment Date”), the monthly base rental described in Section 4.1 Please Initial: Lessor Lessee MG WH shall be increased by an amount equal to the increase in the Consumer Price Index for each twelve (12) month period immediately preceding the Adjustment Date, which would not be less than three percent (3%) or greater than five percent (5%). The adjusted monthly base rental shall become the base rental for the next twelve (12) month period. The Consumer Price Index hereinabove referred to is the United States Department of Labor, Bureau of Labor Statistics, Consumer Price Index for all Urban Consumers, West Urban, All Items, 1982 - 84 = 100. Should the Bureau of Labor Statistics discontinue publication of the Consumer Price Index, then the computation of the adjustment of base rental during each period shall be the one the Bureau designates as providing the most accurate in comparison with consumer prices for each period of the Term.
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CONSUMER PRICE INDEX INCREASES. Not applicable under the terms of this Lease.
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Related to CONSUMER PRICE INDEX INCREASES

  • Price Increases This section applies to pricing not Benchmarked to GSA Supply Schedule. Additionally, where pricing submitted for Services is not benchmarked to an approved GSA Supply Schedule:

  • Price Increase For purposes of this paragraph, “Contract Year” means a twelve

  • Price Increase/Decreases No price increases will be permitted during the first period of the Contract. The County requires documented proof of cost increases on Contracts prior to any price adjustment. A minimum of 30-days advance notice in writing is required to secure such adjustment. No retroactive price adjustments will be considered. All price decreases will automatically be extended to the County of Orange. The County may enforce, negotiate, or cancel escalating price Contracts or take any other action it deems appropriate, as it sees fit. The net dollar amount of profit will remain firm during the period of the Contract. Adjustments increasing the Contractor’s profit will not be allowed.

  • General Wage Increases The Employer and the Union agree that the new Collective Agreement shall reflect wage adjustments as follows: (a) Effective 2020 January 01, all hourly rates of pay that were in effect on 2019 December 31st shall be increased by two percent (2.00%). The new hourly rates shall be rounded to the nearest whole cent. (b) Effective 2021 January 01, all hourly rates of pay that were in effect on 2020 December 31st shall be increased by two percent (2.00%). The new hourly rates shall be rounded to the nearest whole cent. (c) Retroactive payments arising from (a) and (b) will be made as soon as possible following the date of ratification of this Memorandum of Agreement.

  • Wage Increases The wage rates in this Agreement will only be increased in accordance with any increases which may be awarded by the Australian Fair Pay Commission through wage reviews. The level of any increases will be such that the percentage wage increase as set out in Clause 15 of this agreement will be maintained. No additional increases in wage rates will apply to the rate of pay in Clause 15 of this Agreement while it is in operation.