Common use of Rent Adjustment Clause in Contracts

Rent Adjustment. (a) The periodic rent payments in each Schedule have been calculated on the assumption (which, as between Lessor and Lessee, is mutual) that the maximum effective corporate income tax rate (exclusive of any minimum tax rate) for calendar-year taxpayers ("Effective Rate") will be thirty-five percent (35%) each year during the lease term.

Rent Adjustment. (a) The periodic rent payments in each Schedule have been calculated on the assumption (which, as between Lessor and Lessee, is mutual) that the maximum effective corporate income tax rate (including any surcharge but exclusive of any minimum tax rate) for calendar-year taxpayers ("Effective RateEFFECTIVE RATE") will be thirty-five percent (35%) for each year during of the lease term.

Rent Adjustment. (a) The periodic rent payments in m each Schedule have been calculated on the assumption (which, as between Lessor and Lessee, is mutual) that the maximum effective corporate income tax rate (exclusive of any minimum tax rate) for calendar-year taxpayers taxpayer ("Effective Rate") will be thirty-five percent (35%) each year during the lease term.

Rent Adjustment. (a) The periodic rent payments in each Schedule have been calculated on the assumption (which, as between Lessor and Lessee, is mutual) that the maximum effective corporate income tax rate (exclusive of any minimum tax rate) for calendar-year taxpayers ("Effective Rate") will be thirty-five percent (35%) in 1995 and each year during the lease termthereafter.

Rent Adjustment. (a) The periodic rent payments in each Schedule have been calculated on the assumption (which, as between Lessor and Lessee, is mutual) that the maximum effective corporate income tax rate (including any surcharge but exclusive of any minimum tax rate) for calendar-calendar year taxpayers ("Effective Rate") will be thirty-five percent (35%) for each year during of the lease term.

Rent Adjustment. (a) The periodic rent payments in each Schedule have been calculated on the assumption (which, as between Lessor and Lessee, is mutual) that the maximum effective corporate income tax rate (exclusive of any minimum tax rate) for calendar-year taxpayers ("Effective RateEFFECTIVE RATE") will be thirty-five percent (35%) each year during the lease term.

Rent Adjustment. (a) The periodic rent Rent payments in each Schedule have been calculated on the assumption (which, as between Lessor and Lessee, is mutual) that the maximum effective Federal corporate income tax rate (including any surcharge but exclusive of any minimum tax rate) for calendar-year taxpayers ("Effective RateEFFECTIVE RATE") will be thirty-five percent (35%) for each year during of the lease termTerm.

Rent Adjustment. (a) The periodic rent payments in each Schedule have been calculated on the assumption (which, as between Lessor and Lessee, is mutual) that the maximum effective corporate income tax rate (including any surcharge but exclusive of any minimum tax rate) for calendar-year taxpayers ("Effective Rate") will be thirty-five percent (35%) for each year during of the lease term.

Rent Adjustment. (a) The periodic rent payments in each Schedule have been calculated on the assumption (which, as between Lessor and Lessee, is mutual) that the maximum effective corporate income tax rate (exclusive of any minimum tax rate) for calendar-year taxpayers ("Effective RateEFFECTIVE RATE") will be thirty-five percent (35%) * each year during the lease term.