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Ans : The term “Base Index” refers to the most recent Consumer Price Index published immediately before the Commencement Date. The CPI for the first month of the first Lease Year is referred to as the Base Index.
What exactly is the base index?
Ans : The term “Base Index” refers to the most recent Consumer Price Index published immediately before the Commencement Date. The CPI for the first month of the first Lease Year is referred to as the Base Index.
