Common use of Automatic Adjustment Clause in Contracts

Automatic Adjustment. The rent adjustment in accordance with the criteria above shall be automatic, and Developer Lessor shall notify Lessee of the new rent amount two (02) Business Days in advance of the respective maturity.

Appears in 2 contracts

Sources: Private Instrument of Built to Suit Property Lease Agreement (Netshoes (Cayman) Ltd.), Private Instrument of Built to Suit Property Lease Agreement (Netshoes (Cayman) Ltd.)