Common use of Fixed percentage Clause in Contracts

Fixed percentage. During the Option Term(s) which start(s) on ___, the monthly Base Rent shall be increased on ___ and every ___ months thereafter during such Option Term(s) (“Option Term Percentage Increase Date(s)”) by ___ percent ( ___ %) of the monthly Base Rent scheduled to be paid for the month immediately preceding the applicable Option Term Percentage Increase Date.

Fixed percentage. During the Option Term(s) which start(s) on ___, the monthly Base Rent shall be increased on ___ and every ___ months thereafter during such Option Term(s) (“"Option Term Percentage Increase Date(s)”") by ___ percent ( ___ %) of the monthly Base Rent scheduled to be paid for the month immediately preceding the applicable Option Term Percentage Increase Date.