Escalations. The rent payable by the LESSEE hereunder for the hire of the Leased premises will be increased on the 1 st day of January of each year. The increases will be calculated at 10% (ten percent) of the rental paid in the final month prior to any of the above dates and will be rounded off to the nearest ten rand.
Appears in 3 contracts
Sources: Lease Agreement, Lease Agreement, Lease Agreement