Common use of Expansions Clause in Contracts

Expansions. Four and one-half percent (4-1/2%) of the aggregate Base Rent payable to Owner in respect of the additional space leased, payable when Tenant accepts the space in question and Owner receives the initial payment of Base Rent with regard thereto.

Expansions. Four and one-half percent (4-1/241/2%) of the aggregate Base Rent payable to Owner in respect of the additional space leased, payable when Tenant tenant accepts the space in question and Owner receives the initial payment of Base Rent with regard thereto.