Renewal Rate Sample Clauses

Renewal Rate. During the Renewal Terms (as hereinafter defined), Tenant shall pay to Landlord a monthly Rent in the amount of:
Sample 1
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Renewal Rate. Base Rent during the Renewal Term shall be as follows: From/To Annual Monthly 7/15/2007 - 7/14/2008 $ 105,000.00 $ 8,750.00 7/15/2008 - 7/14/2009 $ 106,500.00 $ 8,875.00 7/15/2009 - 7/14/2010 $ 108,000.00 $ 9,000.00 7/15/2010 - 7/14/2011 $ 108,750.00 $ 9,062.00 7/15/2011 - 7/14/2012 $ 108,750.00 $ 9,062.00
Sample 1
Renewal Rate. The consolidated Borrower's Renewal Rate shall not be less than eighty percent (80%) as of the end of each twelve (12) month period ending on each fiscal year of the Borrower, commencing with the fiscal year ending December 31, 1998.
Sample 1
Renewal Rate. Equipment rates shall increase by 3% every two years, beginning on January 1st, 2024. Material rates shall increase by market price increase, communicated to HSE by Fishers no later than seventy-five (75) days prior to auto-renewal date.
Sample 1
Renewal Rate. In the event that Tenant provides proper written notice, as determined in paragraph 2.03 above, of its exercise of the First Renewal Term, the rent for each year of the First Renewal Term shall continue in accordance with the rent set forth in paragraph 3.01 herein plus an additional ten percent (10%). In the event that Tenant provides proper written notice, as determined in paragraph 2.03 above, of its exercise of the Second Renewal Term, the rent for each year of the Second Renewal Term shall continue in accordance with the rent set forth in paragraph 3.01 herein plus an additional fourteen percent (14%).
Sample 1
Renewal Rate. The Base Rental applicable during the Renewal Term (the "Renewal Rate") shall be the then prevailing Market Rate (as defined in Paragraph E. hereinbelow), at the time of Tenant's Notice of Intention, as determined by Landlord in good faith.
Sample 1
Renewal Rate. For purposes of this Section 3.3, “Fair Market Rent” means the prevailing rental rate per square foot then being obtained by landlords for comparable Buildings or spaces located in the City of Alameda, taking into account (in either case) applicable base years, tenant improvement allowances or appropriate discount for improvements paid for solely by tenants, free rent periods and other tenant concessions, existing improvements and configuration of the space, any additional rent and all other payments and escalations payable hereunder and by tenants under leases of such comparable spaces as determined by the following process:
Sample 1
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Renewal Rate. The consolidated Company's Renewal Rate shall ------------ not be less than eighty percent (70%) as of the end of each twelve (12) month period ending on each fiscal year of the Company, commencing with the fiscal year ending December 31, 1998.
Sample 1

Related to Renewal Rate

  • Rental Rate 4. The Lessee shall pay rent to the Lessor for the premises at the following rate: $ per month Payment shall be made at the end of each month upon submission of properly executed vouchers.

  • Rental Rates Schedules for (i) proposed rental rates on heavy construction equipment, and (ii) proposed wage rates of operating engineers. The Design-Builder firm shall certify that the proposal for rental rates and proposal for wage rates comply with the Contract Documents.

  • Renewal Terms Immediately following the Initial Term this Agreement shall automatically renew for successive one-year periods (a “Renewal Term”).

  • Renewal Term If not sooner terminated, this Agreement shall renew at the end of the Initial Term and shall thereafter continue for successive annual periods, provided such continuance is specifically approved at least annually (i) by the Fund’s Board of Trustees or (ii) by a vote of a majority of the outstanding voting securities of the relevant portfolio of the Fund, provided that in either event the continuance is also approved by the majority of the Trustees of the Fund who are not interested persons (as defined in the 0000 Xxx) of any party to this Agreement by vote cast in person at a meeting called for the purpose of voting on such approval. If a plan under Rule 12b-1 of the 1940 Act is in effect, continuance of the plan and this Agreement must be approved at least annually by a majority of the Trustees of the Fund who are not interested persons (as defined in the 0000 Xxx) and have no financial interest in the operation of such plan or in any agreements related to such plan, cast in person at a meeting called for the purpose of voting on such approval.

  • Extension Term (a) Tenant shall have the right to extend the Term for all of the Premises for one extension term of 5 years (the "Extension Term") which shall commence on the day following the expiration of the initial Term and end on the fifth anniversary of the Expiration Date, unless the Extension Term shall sooner terminate pursuant to any of the terms of this Lease or otherwise. The Extension Term shall commence only if (i) Tenant shall have notified Landlord in writing of Tenant's exercise of such extension right not later than nine (9) months prior to the Expiration Date, (ii) at the time of the exercise of such right and immediately prior to the Expiration Date, no event of Default shall have occurred and be continuing hereunder, and (iii) Tenant and/or Related Entities shall be in occupancy of at least 80 percent of the Premises at the time such notice is given. Time is of the essence with respect to the giving of the notice of Tenant's exercise of the extension option. The Extension Term shall be upon all of the agreements, terms, covenants and conditions hereof binding upon Tenant, except that (x) the Fixed Rent (as defined in Article 1) shall be determined as provided in Section 2.2(b), (y) Tenant shall have no further right to renew the Term and (z) Landlord shall have no obligation to provide any work or contribution to improve the Premises for Tenant's use. Upon the commencement of the Extension Term, (A) the Extension Term shall be added to and become part of the Term (but shall not be

  • Normal rate of interest Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of the Margin and LIBOR for that Interest Period.

  • Renewal, Extension The renewal or extension of any Letter of Credit shall, for purposes hereof, be treated in all respects the same as the issuance of a new Letter of Credit hereunder.

  • Fair Market Rent In the event that it becomes necessary to determine the Fair Market Rent of any Facility for any purpose of this Master Lease, and the parties cannot agree among themselves on such Fair Market Rent within twenty (20) days after the first request made by one of the parties to do so, then either party may notify the other of a person selected to act as appraiser (such person, and each other person selected as provided herein, an “Appraiser”) on its behalf. Within fifteen (15) days after receipt of any such Notice, the other party shall by notice to the first party appoint a second person as Appraiser on its behalf. The Appraisers thus appointed, each of whom must be a member of The Appraisal Institute/American Institute of Real Estate Appraisers (or any successor organization thereto, or, if no such organization exists, a similarly nationally recognized real estate appraisal organization) with at least ten (10) years of experience appraising properties similar to the Facilities, shall, within forty-five (45) days after the date of the notice appointing the first appraiser, proceed to appraise the applicable Facility to determine the Fair Market Rent thereof as of the relevant date; provided, that if one Appraiser shall have been so appointed, or if two Appraisers shall have been so appointed but only one such Appraiser shall have made such determination within fifty (50) days after the making of the initial appointment, then the determination of such Appraiser shall be final and binding upon the parties. If two (2) Appraisers shall have been appointed and shall have made their determinations within the respective requisite periods set forth above and if the difference between the amounts so determined shall not exceed ten percent (10%) of the lesser of such amounts, then the Fair Market Rent shall be an amount equal to fifty percent (50%) of the sum of the amounts so determined. If the difference between the amounts so determined shall exceed ten percent (10%) of the lesser of such amounts, either party may request the appointment of Experts pursuant to Article XXXIV.

  • Minimum Monthly Rent 3.1.1 Tenant agrees to pay to Landlord a Minimum Monthly Rent, initially in the amount set forth in the Basic Provisions, during each month of the Term of this Lease. Minimum Monthly Rent for a period constituting less than a full month shall be prorated on the basis of a thirty (30)-day month.

  • Extension Terms County may, at its sole option, extend the term of this Agreement beyond the Initial Term for up to ___ additional one-year terms at the same rates and under the same terms provided for herein (each such period being an “Extension Term”). County shall notify Contractor of its election for an Extension Term(s) as provided for in §6.

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