Common use of Adjustment to Rent Clause in Contracts

Adjustment to Rent. Commencing on May 1, 1999 ("Rent Adjustment Date") and continuing thereafter on each subsequent anniversary of the Rent Adjustment Date during the Initial Term and each Extended Term, the Minimum Rent shall be increased (but never decreased) in an amount equal to the annual Minimum Rent payable under this Lease for the immediately preceding twelve (12) month period increased by one hundred fifty percent (150%) of the cumulative increase in the Consumer Price Index, published as the "CPI-U" Index by the Bureau of Labor Statistics of the Department of Labor, U.S. Cities Average, All Items (1982-84'100) in the manner calculated on the date of this Lease ("C.P.I.") from the date two (2) months prior to the immediately preceding Rent Adjustment Date (or in the case of the initial Rent Adjustment Date, the C.P.I. from March 1998) to the date two (2) months prior to then current Rent Adjustment Date. Notwithstanding the foregoing, in no event shall any INCREASE TO Minimum Rent in any Lease Year exceed two percent (2.0%) of the Minimum Rent (as adjusted) payable for the immediately preceding twelve (12) month period (or in the case of the initial Rent Adjustment Date, the increase, if any, to Minimum Rent in the first Lease Year shall not exceed $15,404.40). In no event shall the Minimum Rent be reduced by reason of the adjustment to Minimum Rent set forth in this Paragraph 3.

Adjustment to Rent. Commencing on May 1, 1999 ("Rent Adjustment Date") and continuing thereafter on each subsequent anniversary of the Rent Adjustment Date during the Initial Term and each Extended Term, the Minimum Rent shall be increased (but never decreased) in an amount equal to the annual Minimum Rent payable under this Lease for the immediately preceding twelve (12) month period increased by one hundred fifty percent (150%) of the cumulative increase in the Consumer Price Index, published as the "CPI-U" Index by the Bureau of Labor Statistics of the Department of Labor, U.S. Cities Average, All Items (1982-84'10084=100) in the manner calculated on the date of this Lease ("C.P.I.") from the date two (2) months prior to the immediately preceding Rent Adjustment Date (or in the case of the initial Rent Adjustment Date, the C.P.I. from March 1998) to the date two (2) months prior to then current Rent Adjustment Date. Notwithstanding the foregoing, in no event shall any INCREASE TO Minimum Rent in any Lease Year exceed two percent (2.0%) of the Minimum Rent (as adjusted) payable for the immediately preceding twelve (12) month period (or in the case of the initial Rent Adjustment Date, the increase, if any, to Minimum Rent in the first Lease Year shall not exceed $15,404.40). In no event shall the Minimum Rent be reduced by reason of the adjustment to Minimum Rent set forth in this Paragraph 314,288.