Basic Rent Increase Sample Clauses

Basic Rent Increase. The Basic Rent shall be subject to adjustment at the ------------------- commencement of the thirteenth (13th) month of the lease term as provided in Paragraph 3.A. hereof. C.
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Basic Rent Increase. Intentionally Waived
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Basic Rent Increase. Notwithstanding anything herein to the contrary Basic Rent shall be increased on the anniversary date of this Lease commencing and on each and every anniversary thereafter during the term of this Lease by multiplying the previous year’s rent by the increase in the CPI for the previous twelve (12) month period. If the CPI declines during the said periods there shall be no reduction in Basic Rent.
Sample 1
Basic Rent Increase. The Basic Rent shall be subject to adjustment as of the first day of the thirteenth month of the Term if the Term commenced on the first day of a calendar month, or the month in which the first anniversary of the Commencement Date occurs otherwise and annually thereafter each year ("Adjustment Date") as follows: The base for computing the adjustment is the Consumer Price Index, All Urban Consumers, San Francisco-Oakland-San Jose Metropolitan Area average (1982-1984=100), published by the United States Department of Labor, Bureau of Labor Statistics ("Index"), which is published most immediately preceding a date one (1) year prior to the Adjustment Date ("Beginning Index"). The Index published most immediately preceding the Adjustment Date in question ("Extension Index") is to be used in determining the amount of the adjustment. If the Extension Index has increased over the Beginning Index, the Basic Rent for the following year (until the next Basic Rent adjustment) shall be set by multiplying the monthly Basic Rent applicable for the period immediately preceding the Adjustment Date by a fraction, the numerator of which is the Extension Index and the denominator of which is the Beginning Index. In no event shall the increase in Basic Rent on any Adjustment Date be less than three percent (3%) per year nor greater than six percent (6%) per year. In no event shall any delay by Landlord in notifying Tenant of the adjustment of Base Rent relieve Tenant of paying the adjusted Base Rent for any period prior to the date of notice from Landlord. If the Index is changed so that the base year differs from that in effect when the Term commences, the Index shall be converted in accordance with the conversion factor published by the United States Department of Labor, Bureau of Labor Statistics. If the Index is discontinued or revised during the Term, such other government index or computation with which it is replaced shall be used to obtain substantially the same result as would be obtained if the Index had not been discontinued or revised.
Sample 1
Basic Rent Increase. Subtenant shall pay Sublandlord a 5% annual rent increase beginning on the second lease year and thereafter until the expiration of the Sublease Term or the first renewal option, if exercised. No rent increase will apply to the five (5) year term renewal option is exercised.
Sample 1
Basic Rent Increase. Tenant acknowledges that the Basic Rent shall be increased to include the amounts described in Section 1(d) of the Work Letter attached to the Lease as EXHIBIT "B". Such increased portion of the Basic Rent shall not be subject to the annual cost of living increase provided for in Section 3.1. 2.
Sample 1
Basic Rent Increase. The Basic Monthly Rent shall be subject to annually increases per the schedule below: Year 1 $1.95 per RSF ($145,090) Year 6 $2.20 per RSF ($163,691) Year 2 $2.00 per RSF ($148,810) Year 7 $2.25 per RSF ($167,411) Year 3 $2.05 per RSF ($152,530) Year 8 $2.30 per RSF ($171,132) Year 4 $2.10 per RSF ($156,251) Year 9 $2.35 per RSF ($174,852) Year 5 $2.15 per RSF ($159,971) Year 10 $2.40 per RSF ($178,572)
Sample 1
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Basic Rent Increase. Commencing on April 1, 2000 and on each anniversary date thereafter through and including April 1, 2003, the Basic Rent due and payable on said anniversary date and for the ensuing eleven (11) monthly installments shall be in the following amounts:
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Related to Basic Rent Increase

  • Fee Increases S&P reserves the right to increase its fees under this Order Schedule effective on the anniversary of the Commencement Date by providing at least sixty (60) days advance written notice to Licensee prior to the expiration of the Term then in effect.

  • Cost of Living Increase The Salary shall be increased in respect of each year during the Employment Period commencing on the Effective Date by a percentage equal to the percentage increase, if any, in the consumer price index, all items for Vancouver, as published by Statistics Canada under the authority of the Statistics Act (Canada) (the “CPI”), for the immediately preceding year.

  • Commitment Increases (a) At any time after the Closing Date, provided that no Event of Default shall have occurred and be continuing, the Borrowers may request an increase of the aggregate Commitments by notice to the Administrative Agent in writing of the amount (the “Offered Increase Amount”) of such proposed increase (such notice, a “Commitment Increase Notice”). Any such Commitment Increase Notice must offer each Bank the opportunity to subscribe for its pro rata share of the increased Commitments; provided, however, the Borrowers may, with the consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayed), without offering to each Bank the opportunity to subscribe for its pro rata share of the increased Commitments, offer to any existing Bank or any bank or other financial institution that is not an existing Bank the opportunity to provide a new Commitment pursuant to paragraph (b) below if the aggregate amount of all Commitments made hereunder pursuant to this proviso which will be in effect when such new Commitment becomes effective does not exceed $500,000,000 subject to subsection 2.20(f). If any portion of the increased Commitments offered to the Banks as contemplated in the immediately preceding sentence is not subscribed for by the Banks, the Borrowers may, with the consent of the Administrative Agent as to any bank or financial institution that is not at such time a Bank (which consent shall not be unreasonably withheld or delayed), offer to any existing Bank or to one or more additional banks or financial institutions the opportunity to provide all or a portion of such unsubscribed portion of the increased Commitments pursuant to paragraph (b) below. No Bank has an obligation to increase its Commitment pursuant to this Section 2.20 except in its sole discretion.

  • Commitment Increase (i) On any date prior to the latest Termination Date, the Borrowers may increase the aggregate amount of the Commitments by an amount not less than $50,000,000 for any such increase but not more than $500,000,000 (the “Maximum Accordion Amount”) for all such increases (any such increase, a “Commitment Increase”) by designating one or more of the existing Lenders or one or more Affiliates thereof (each of which, in its sole discretion, may determine whether and to what degree to participate in such Commitment Increase) or one or more other Persons that at the time agree, in the case of any existing Lender, to increase its Commitment (an “Increasing Lender”) and, in the case of any other Person or an Affiliate of a Lender (an “Additional Lender”), to become a party to this Agreement; provided that (i) each Additional Lender shall be acceptable to the Administrative Agent, and each Increasing Lender and each Additional Lender shall be acceptable to the Fronting Banks, (ii) the allocations of the Commitment Increase among the Increasing Lenders shall be determined by the Administrative Agent in consultation with each Borrower, and (iii) the amount of the Commitment of each Additional Lender shall not be less than $5,000,000. The sum of the increases in the Commitments of the Increasing Lenders pursuant to this subsection (b) plus the Commitments of the Additional Lenders upon giving effect to the Commitment Increase shall not exceed the amount of the Commitment Increase. The Borrowers shall provide prompt notice of any proposed Commitment Increase pursuant to this Section 2.06(b) to the Administrative Agent, which shall promptly provide a copy of such notice to the Lenders and the Fronting Banks.

  • Benefit Increases Benefit payments may be increased as provided in Section 2.1.3.

  • Payment of Premium Increases (a) As used herein, the term "

  • Salary Increases During the period of employment as provided in Paragraph 1(b) hereof, the base salary of the Executive shall be reviewed no less frequently than annually by the Board or the Compensation Committee of the Board to determine whether or not the same should be increased in light of the duties and responsibilities of the Executive and the performance thereof, and if it is determined that an increase is merited, such increase shall be promptly put into effect and the base salary of the Executive as so increased shall constitute the base salary of the Executive for purposes of Paragraph 3(a).

  • Incremental Term Loan The Borrower shall repay the outstanding principal amount of the Incremental Term Loan in the installments on the dates and in the amounts set forth in the Incremental Term Loan Lender Joinder Agreement (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 2.05), unless accelerated sooner pursuant to Section 9.02.

  • Base Rent Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Revolving Commitment Increase (a) Notwithstanding anything to the contrary in Section 12.1, subject to the terms and conditions set forth herein, the Borrower shall have the right from time to time, to cause an increase in the Revolving Commitments of the Revolving Lenders (a “Revolving Commitment Increase”) by adding to this Agreement one or more additional Eligible Assignees that are not already Revolving Lenders hereunder and that are reasonably satisfactory to the Administrative Agent, each Facing Agent and the Swing Line Lender (each, a “New Revolving Lender”) or by allowing one or more existing Revolving Lenders to increase their respective Revolving Commitments; provided that (i) both before and immediately after giving effect to such Revolving Commitment Increase, no Event of Default or Unmatured Event of Default shall have occurred and be continuing as of the effective date of such Revolving Commitment Increase (such date, the “Revolving Commitment Increase Date”), (ii) no such Revolving Commitment Increase shall be in an amount less than $10,000,000 (unless the aggregate amount of the Revolving Commitments then in effect is greater than $390,000,000), (iii) after giving effect to such Revolving Commitment Increase, the aggregate amount of the Revolving Commitments shall not exceed $600,000,000, (iv) no Revolving Lender’s Revolving Commitment shall be increased without such Revolving Lender’s prior written consent (which consent may be given or withheld in such Revolving Lender’s sole and absolute discretion) and (v) the only Revolving Commitment Increase that may occur on or after the Tenth Amendment Effective Date is a single Revolving Commitment Increase in an aggregate amount not exceeding $200,000,000 on (and subject to the occurrence of) the Eleventh Amendment Effective Date. The foregoing clause (i) and the following Section 2.10(b) and Section 2.10(e) shall not be applicable to the 2014 Revolving Commitment Increase and the only conditions to the 2014 Revolving Commitment Increase shall be those conditions set forth in Section 4 of the Eleventh Amendment.

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