Common use of Base Rent Increases Clause in Contracts

Base Rent Increases. The annual Base Rent paid by Leasee shall be increased on each one (1) year anniversary of the commencement date of this Lease by 3% of the Lessee’s gross revenue for the preceding year as determined by sales tax generated from the facility or the percentage equal to the percentage that the Consumer Price Index (CPI) (as defined below) increased during the immediately preceding twelve