Common use of Reduction of Rent Clause in Contracts

Reduction of Rent. Upon removal of a Property Location pursuant to Section 14.03 above, the Base Rent shall be reduced by the amount as determined in accordance with Exhibit B.

Appears in 4 contracts

Samples: Master Lease (Spirit Finance Corp), Stock Purchase Agreement (Spirit Finance Corp), Lease Agreement (Spirit Finance Corp)

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Reduction of Rent. Upon removal of a Property Location pursuant to Section 14.03 above, the Base Rent shall be reduced by the amount as determined in accordance with Exhibit B.Base Rent Allocation applicable to such Property Location.

Appears in 2 contracts

Samples: Master Lease (Spirit MTA REIT), Master Lease (Spirit Realty Capital, Inc.)

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