Percentage Increase definition

Percentage Increase means the percentage equal to the fraction, the numerator of which shall be the New Index less the Current Index, and the denominator of which shall be the Current Index.
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Percentage Increase means the percentage by which the amount of a legal representative’s fee can be increased in accordance with a conditional fee agreement which provides for a success fee;
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Percentage Increase means the percentage equal to the fraction, the numerator of which shall be the Current Index less the Base Index, and the denominator which shall be the Base Index. If the Current Index shall exceed the Base Index, then the annual rent payable for the ensuing lease year shall be increased be an amount equal to the "Percentage Increase" multiplied by $149,710.50. As soon a practicable after the end of the second lease year during the term of this Lease, Lessor shall send Lessee an index comparative statement setting forth the Current Index, the Base Index, the Percentage Increase, and the increase in the annual rent. On the fifth day of the calendar month ("Current Month") following the month in which the index comparative statement was sent, Lessee shall pay to Lessor (i) a sum equal to 1/12th of such increase in the base annual rent multiplied by the number of calendar months of the new lease year elapsed, and (ii) thereafter. commencing with the Current Month, and continuing monthly thereafter, the monthly installments shall be increased by an amount equal to 1/12th of such increase. In no event shall the rent charged be greater than $158,693.13 per year.
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Examples of Percentage Increase in a sentence

  • The CPI Percentage Increase for any Adjustment Period shall be calculated by the Tenant, and the Tenant shall deliver written notice to the Landlord describing such calculation in reasonable detail (a “CPI Notice”) no later than thirty (30) days after the commencement of any Adjustment Period.

  • If the Landlord fails to deliver a CPI Disagreement Notice within thirty (30) days after delivery of any CPI Notice, then the Landlord shall be conclusively deemed to have agreed with the calculation of the CPI Percentage Increase set forth in such CPI Notice.

  • If the Landlord disagrees with the Tenant’s calculation of the CPI Percentage Increase, then the Landlord shall deliver to the Tenant written notice, describing the basis for such disagreement in reasonable detail (a “CPI Disagreement Notice”), not later than thirty (30) days after delivery of the CPI Notice.

  • In the fourth and every third Lease Year thereafter, the annual Base Rent due and payable shall increase by an amount equal to the lesser of: a) Seven and 35/100 Percent (7.35%) of the Base Rent payable for the immediately prior Lease Year, or b) The "CPI-U Percentage Increase" of the Base Rent payable for the prior Lease Year.

  • The Capital Contribution shall be locked as of the beginning of construction, otherwise adjusted each January 1 by the Percentage Increase in the "Consumer Price Index for All Urban Consumers (CPI-U), U.


More Definitions of Percentage Increase

Percentage Increase is defined in Section 5.6(b).
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Percentage Increase means the 3 yearly moving average quarterly percentage increase in the PPI and “PPI” means:
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Percentage Increase means the percentage equal to the fraction, the numerator of which shall be the Index at the Anniversary less the Base Index, and the denominator of which shall be the Base Index; provided, however that the Percentage Increase for each one-year period between each Anniversary shall be not less than one percent (1%) nor shall it exceed two percent (2%); and provided, further that the Percentage Increase for each five-year period between Anniversaries shall not exceed ten percent (10%).
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Percentage Increase means the percentage resulting from the fraction, the numerator of which shall be the Consumer Price Index in the applicable Anniversary Month and the denominator of which shall be the Base Index. Prior to the commencement of the First Extension Term, Landlord shall send to Tenant an index comparative statement setting forth (i) the Consumer Price Index for the most recent Anniversary Month; (ii) the Base Index; (iii) the Percentage Increase; and (iv) the CPI Increased Fixed Rent found by multiplying the Percentage Increase by the Annual Fixed Rent. An example of this formula’s application is as follows: Assume the Base Index is 100. Assume the Anniversary Month is March. Assume the Consumer Price Index for March 2011, the Anniversary Month applicable to the calculation of the First Extension Term Fixed Rent, is 103. In that case the Percentage Increase means the percentage resulting from the fraction 103/100, or 103%, for a Percentage Increase of 103%. The CPI Increased Fixed Rent is then calculated by multiplying 103% by $276,090.75. Thus the Fixed Rent during the First Extension Term is, in this example, the greater of the previous year’s Fixed Rent ($276,090.75) or $284,373.47.
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Percentage Increase means such percentage equal to the fraction, the numerator of which shall be the Index for the immediately preceding December less the Index for the second preceding December, and the denominator of which shall be the Index for the second preceding December.
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Percentage Increase means the percentage equal to a fraction, the numerator of which shall be the change in the Index from March of the year prior to the adjustment year to March of the year in which the adjustment will take place. The fraction’s denominator shall be the Index for March of the year prior to the adjustment year. In no event shall the Base Rent decrease. For illustration purposes only, the adjustment shall be calculated as follows: Base Rent + [Base Rent (percentage of CPI Increase + 1%)] = New Rent Assuming that Base Rent is $1,814, CPI for March 2019 is 250, and CPI for March 2020 is 260, then: New Rent = $1,814 + [$1,814 (10/250 + 1%)] = $1,814 + ($1,814)(0.05) = $1,905.
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Percentage Increase means the percentage equal to the fraction, the numerator of which shall be Index in the Comparison Month less the Base Index, and the denominator of which shall be the Base Index. If the Index in a Comparison Month shall exceed the Base Index, then the base rent payable for the ensuing lease year until the next Date of Rental Adjustment shall be increased by the Percentage Increase. Provided, however, that in no event shall the Base Rent payable hereunder be increased by less than three percent (3%) nor by more than five percent (5%) per annum on any Date of Rental Adjustment. The following express stipulations and conditions are made a part this of this Lease:
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