Common use of Base Rent During Option Term Clause in Contracts

Base Rent During Option Term. If Tenant exercises its Option to Extend, the Base Rent for the Premises during the Option Term shall be equal to the then current fair market rent for the Premises based on rents then being charged for space in Comparable Buildings, as reasonably determined by Landlord.

Appears in 4 contracts

Samples: Office Lease (Exact Sciences Corp), Office Lease (Exact Sciences Corp), Office Lease (Exact Sciences Corp)

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