Common use of R ent Clause in Contracts

R ent. During the Primary Term, for each weekly possession period set forth in the applicable Use Contract(s), CARA MIA agrees to and shall pay weekly rent as follows: Fiscal Year 2021 $ 500.00 Fiscal Year 2022 $ 750.00 Fiscal Year 2023 $1,000.00 Fiscal Year 2024 $1,250.00 Fiscal Year 2025 $1,500.00 In accordance with the rental schedule set above, for each occasion or consecutive week period of CARA MIA’s intended use of the Premises, the parties shall execute a Use Contract(s), and set out the entirety of rental due during such period of use set forth in the individual Use Contract(s). Subsequent to the Primary Term, the City may increase the weekly rate by no more than 2.5% annually and will provide a twelve (12) month notice in advance of rate increases. All payments of rent shall be made to the City in the manner set forth in the Use Contract.

R ent. During the Primary Term, for each weekly possession period set forth in the applicable Use Contract(s), CARA MIA TEATRO DALLAS agrees to and shall pay weekly rent as follows: Fiscal Year 2021 $ 500.00 Fiscal Year 2022 $ 750.00 Fiscal Year 2023 $1,000.00 Fiscal Year 2024 $1,250.00 Fiscal Year 2025 $1,500.00 In accordance with the rental schedule set above, for each occasion or consecutive week period of CARA MIATEATRO DALLAS’s intended use of the Premises, the parties shall execute a Use Contract(s), and set out the entirety of rental due during such period of use set forth in the individual Use Contract(s). Subsequent to the Primary Term, the City may increase the weekly rate by no more than 2.5% annually and will provide a twelve (12) month notice in advance of rate increases. All payments of rent shall be made to the City in the manner set forth in the Use Contract.