Current Index Number definition

Current Index Number means the index number applicable at the Date for Current Index Number.
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Current Index Number. The Consumer Price Index as of December of the year in which the calculations are being done.
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Current Index Number shall be the level of the Index for the month during which this Agreement is dated of the year preceding the adjustment year; the “Index” shall be the Consumer Price Index for all urban consumers, U.S. City Average, published by the United States Department of Commerce (base year 1982-84 = 100), or any successor index thereto as hereinafter provided. If publication of the Index is discontinued, or if the basis of calculating the Index is materially changed, then Landlord shall substitute for the Index comparable statistics as computed by an agency of the United States Government or, if none, by a substantial and responsible periodical or publication of recognized authority most closely approximating the result which would have been achieved by the Index.
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Examples of Current Index Number in a sentence

  • Constant Dollars shall be determined by multiplying the dollar amount to be adjusted by a fraction, the numerator of which is the Current Index Number and the denominator of which is the Base Index Number.

  • U.S. Bancorp Investments transmits client orders for execution to particular broker/dealers or market centers based on a number of factors.

  • Constant Dollars shall be determined by multiplying the dollar amount to be adjusted by a fraction, the numerator of which is the Current Index Number and the denominator of which is the Base Index Number (as such terms are hereinafter defined).

  • Adjusted Annual Rent = Annual Rent Prior to Adjustment Date x Current Index Number Base Index Number If the aforesaid Index is not in existence at the time the determination is to be made, the parties shall use such equivalent price index as is published by a successor government agency in lieu of the Index; or if no such price index is published, then the parties shall use a mutually acceptable equivalent price index as is published by a non-governmental agency.

  • The Base Index Number shall be subtracted from the Current Index Number.

  • The Base Rent for the anniversary year commencing on such Adjustment Date shall be the product obtained from multiplying the Initial Base Rent (annualized) by the fraction whose numerator is equal to the Current Index Number and whose denominator is equal to the Base Index Number, provided that in no event will Base Rent for such anniversary year be less than the greater of the amount set forth in Schedule B or Base Rent for the anniversary year immediately preceding the Adjustment Date.

  • The Current Index Number shall be divided by the Base Index Number.

  • The Base Rent for the anniversary year commencing on such Adjustment Date shall be the product obtained from multiplying the Initial Base Rent (annualized) by the fraction whose numerator is equal to the Current Index Number and whose denominator is equal to the Base Index Number, provided that in no event will Base Rent for such anniversary year be less than the greater of the amount set forth in Schedule B or Base rent for the anniversary year immediately preceding the Adjustment Date.

  • The annual Rent for each Lease Year commencing with the third Lease Year shall be the greater of (i) the annual Rent then in effect immediately prior to the Adjustment Date, and (ii) the product obtained from multiplying the amount of annual rent in effect prior to the applicable Adjustment Date by the fraction whose numerator is equal to the Current Index Number and whose denominator is equal to the Base Index Number.

  • The annual Rent for each Lease Year commencing with the third Lease Year shall be the greater of (i) the annual Rent then in effect immediately prior to the Adjustment Date, and (ii) the product obtained from multiplying the amount of annual rent in effect prior to the applicable Adjustment Date by 3 the fraction whose numerator is equal to the Current Index Number and whose denominator is equal to the Base Index Number.


More Definitions of Current Index Number

Current Index Number in respect of any year means the index number for Melbourne as at 30 June of that year as determined by the Australian Statistician on the basis of the said Consumer Price Index;
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Current Index Number. The Consumer Price Index as of December of the year in which the calculations are being done. If the Current Index Number is greater than the Base Price Index Number, then the "Percentage of Increase" shall be calculated as follows: (Current Index Number - Base Price Index Number) , Base Price Index ' 100 = Percentage of Increase This Percentage of Increase shall be multiplied by the License Fee defined above to obtain the new rate to go into effect on each anniversary of the Commencement Date of this License. The fee increase shall in no case be less than 3.5% annually of the most recent past License Fees amount, as increased. This Percentage of Increase applies to License Fee only and does not apply to any charges in the Base Rent.
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Related to Current Index Number

  • Index Number means the Consumer Price Index (Sydney all groups) published by the Australian Bureau of Statistics from time to time.

  • Index Value means, in relation to any Reference Rate Business Day:

  • Maximum Index Level means, in respect of a series of bear CBBCs, the highest Spot Level of the Index during the MCE Valuation Period;

  • Minimum Index Level means, in respect of a series of bull CBBCs, the lowest Spot Level of the Index during the MCE Valuation Period.

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index (other than a Multiple Exchange Index), the closing level of such Index at the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), all as determined by the Calculation Agent.