Increases in Base Rent. 4.1 -The Base Rent payable under-Section 3.1 hereof is based upon-the Revised Consumer Price Index for the United States, All Urban-Consumers: All items (1982 1984 = 100) (“Consumer Price Index”) published by the Bureau of Labor Statistics, United-States Department-of-Labor. The base index (“Base Index”)-for-this Lease is hereby stipulated-to-be the Consumer Price Index for the month in which the Lease-Term commences, or if no such index is published-for said month, then the Base-Index shall-be the Consumer-Price Index-for the month which is nearest, but-prior to, the Commencement Date. — On each anniversary of the Commencement-Date during the-Lease-Term, the Base-Rent shall be adjusted so that it-shall-be equal-to the product-of (a) a fraction, the numerator-of-which is the Consumer Price Index-for the month in question,-and the denominator of which is the Base Index, multiplied by (b) the Base Rent specified-in Section 1.8 hereof prior-to-any adjustment provided; however, the Base Rent shall not be less than the amount-of-Base-Rent-due on the immediately prior anniversary of the Commencement Date (or the Commencement Date itself, -if applicable). — If the index for any anniversary in question is not published as of the effective date of adjustment,-then Tenant shall continue to pay the existing Base Rent-due from Tenant until the index necessary to perform the calculations described herein is published and Landlord is able to calculate the revised amount of Base Rent due from Tenant, or, in the-alternative, at Landlord’s-option,-Landlord-shall provide such comparable-period for adjustment-purposes, using the Consumer Price Index which is nearest, but prior to, the adjustment date in-question and the Commencement Date. Upon the submission of such calculation-from Landlord, Tenant-shall thereafter pay the adjusted Base Rent. Tenant shall-also-pay within thirty-(30) days after such calculation the-difference between what- Tenant has paid in Base Rent for the year in question and what Tenant would have paid, had the-adjustment in-question been made and Base Rent at the adjusted rate paid-as-of January 1 of said year.
Increases in Base Rent. Commencing at the beginning of each Lease Year during the Term of this Lease, the Base Rent shall be adjusted annually as described in Paragraph 7 of Article II, Terms, of this Lease.
Increases in Base Rent. Annual Base Rent shall increase on the first day of the sixty-first (61st) full calendar month of the Main Term, over the Initial Base Rent charged hereunder by the lesser of ten percent (10%) or one and one-half (1-1/2) times the percentage increase in the "CPI-U" (as defined below) during the sixty (60) month period ending on the first three (3) months preceding said adjustment date. As used herein, the CPI-U shall be the United States Department of Labor, Bureau of Labor Statistics Consumer Price Index for All Urban Consumers, U.S. City Average. If at any time during the Term the CPI-U shall be discontinued, Landlord and Tenant shall mutually and reasonably agree to substitute an existing official index published by the Bureau of Labor Statistics or its successor or another, similar governmental agency, which index is most nearly equivalent to the CPI-U. Furthermore, Annual Base Rent shall increase on the first day of the one hundred twenty-first (121st) full calendar month of the Main Term and each five (5) years thereafter throughout the Term (each such date of Base Rent adjustment being hereinafter referred to as an "Adjustment Date"), over the Initial Base Rent by the lesser of twelve percent (12%) or one and one-half (1-1/2) times the percentage increase in the CPI-U.
Increases in Base Rent. Commencing one year after the Commencement Date and continuing annually thereafter, the Base Rent shall be increased by 3.5%.
Increases in Base Rent. (a) The Base Rent provided for in Section 3.1 shall increase each Sublease Year by the greater of (a) two and one-half percent (2.5%) over the Base Rent for the previous Lease Year and (b) the percentage increase in the CPI Index (as defined below) over the previous Sublease Year.
Increases in Base Rent. Base Rent shall be increased on the fifth anniversary of the Commencement Date and every five (5) years thereafter to equal the product of (i) the Base Rent in effect for the immediately preceding twelve (12) month period multiplied by (ii) one hundred ten percent (110%).
Increases in Base Rent. Landlord and Tenant further agree that Base Rent shall be increased at the anniversary date each year by an amount equal to % of the Base Rent which was payable for the immediately preceding Lease Year. (without any set-off, credit or abatement considered). It is understood and agreed that the amount of each such Base Rent adjustment shall, for the purposes of the default provision hereof, be deemed as additional Base Rent due from Tenant and shall entitle Landlord to all remedies provided herein at law or equity on account of Tenant’s failure to pay rent. It is further understood and agreed that Tenant’s payments of such increased Rent shall not be deemed payments of Rent in violation of governmental wage and price controls or analogous governmental actions affecting the amount of rent which Landlords may charge Tenants.
Increases in Base Rent. On the first anniversary of the first calendar month following the date in which the Full Delivery Date occurs, and on each annual anniversary thereof during the Sublease Term, the Base Rent payable by Subtenant shall be increased by an amount equal to 2.125% multiplied by the Base Rent (as adjusted pursuant to this subparagraph) payable during the last month of the immediately preceding Sublease Year. D.
Increases in Base Rent. The following hereby supplements Paragraph 1.5 of ---------------------- the Lease: During the Original Term, Lessee shall pay Lessor Base Rent at the following rates: Month Monthly Base Rent ----- ----------------- 1-12 $17,352.72 13-24 $23,781.47 25-36 $24,732.73 37-48 $25,722.04 49-60 $26,750.92 As set forth above, the Base Rent shall increase by four percent (4%) annually during the Original Term of the Lease, commencing upon the date which is one (1) year following the Lease Commencement Date. Commencing on Month 13, Base Rent shall include the Additional Space, as defined below. If, for any reason, the Additional Space is not delivered by Lessor as and when specified below, the monthly Base Rent as reflected above shall be reduced accordingly such that the Base Rent is calculated only upon the square footage of the Premises originally delivered to Lessee pursuant to the Lease.
Increases in Base Rent. Beginning on the first day of the calendar month which is the sixty-first (61st) month following the Effective Date, and upon the same day of each year thereafter during the Lease Term, or any Option Term (hereinafter, an "ADJUSTMENT DATE"), the Base Rent shall be increased to an amount equal to the product of the Base Rent payable during the immediately preceding calendar month multiplied by the Cost of Living Factor. The "COST OF LIVING FACTOR" for any Adjustment Date during the Lease Term shall be a fraction whose numerator is the index figure stated as the Consumer Price Index for All Urban Consumers (CPI-U; U.S. City Average; All Items 1982-84=100) published by the Bureau of Statistics of the United States Department of Labor (the "INDEX") for the month in which the Adjustment Date occurs (or the most recent available Index if the Index for the month in which the Adjustment Date occurs is not available) and whose denominator is the Index in effect on the Effective Date, in the case of the first adjustment hereunder, or the Index used for the immediately preceding Adjustment Date, in the case of all adjustments after the first adjustment hereunder. If the Index is discontinued, the Cost of Living Factor shall be based on comparable statistics on changes in the purchasing power of the consumer dollar for the applicable periods, as published by a responsible financial periodical report of a recognized governmental or private authority then generally recognized for such purposes, all as selected by Landlord.
