Rent Escalation Sample Clauses
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Rent Escalation. On the third anniversary of the SLA Commencement Date for each BTS Site, and on each anniversary of the Commencement Date for said Sites thereafter throughout the Initial Term and any Renewal Term, [***].
Rent Escalation. On the first anniversary of the SLA Commencement Date for each such SBA Site, and on each anniversary of the commencement date for said Sites thereafter throughout the initial term and any renewal term, Rent shall be increased by [***] of the Rent payable during the immediately prior year.
Rent Escalation. A. In the event the operating expenses as defined below (hereafter "Operating Expenses") of Landlord relating to the Building, the Land and other improvements on the Land shall, in any calendar year during the term of this Lease, exceed the sum of [***] per rentable square foot, with the total rentable square footage of the building being 39,285 for the purpose of this calculation, Tenant agrees to pay as additional rent Tenant's pro rata share (26.54%) of the excess Operating Expenses. In the case of the calendar year during which the Commencement Date or Completion date occurs, the foregoing calculation shall be made based upon a prorata share (as the balance of the year after the Commencement Date or Completion Date bears to the entire year) of the Operating Expenses for that calendar year. Landlord may, within nine (9) months following the close of any calendar year for which additional rental is due under this paragraph, invoice Tenant for the excess Operating Expenses. The invoice shall include in reasonable detail all computations [***] Confidential portions of this document have been redacted and filed separately with the Commission. of the additional rental, and Tenant agrees to make payment of the additional rental to Landlord within thirty (30) calendar days following receipt of the invoice. In the year in which this Lease terminates, Landlord, in lieu of waiting until the close of the calendar year in order to determine any excess Operating Expenses, has the option to invoice Tenant for Tenant's prorata share of the Operating Expenses based upon the previous year's excess Operating Expenses; Landlord shall invoice Tenant under this option within thirty (30) calendar days prior to the termination of the Lease or at any time thereafter. Landlord may at any time during the term of this Lease increase the monthly rental to an amount which reflects the Tenant's prorata share of the Operating Expenses based upon the previous year's excess Operating Expenses after giving Tenant thirty (30) calendar days' notice. Tenant or its agent shall have the right to review the Landlord's records within thirty (30) calendar days of receipt of notice relevant to the calculation of rent escalation with written notice.
B. Operating Expenses include all expense incurred with respect to the maintenance and operation of the Building, the Land and other improvements on the Land, including, but not limited to maintenance and repair costs, electricity, fuel, water, sewer,...
Rent Escalation. B-1.01 The Fixed Minimum Rent of Three Hundred Eight Thousand Three Hundred Five and 40/100 Dollars ($308,305.40) reserved in the preamble to this Lease shall be increased (the "Recomputed Fixed Minimum Rent") as of the first day of January each subsequent lease year after the first lease year of the Term in accordance with the following Schedule: Lease Year Recomputed Fixed Minimum Rent 2 $323,720.67 3 $339,906.70 4 $356,902.04 5 $374,747.14 6 $393,484.50 7 $413,158.72 8 $433,816.66 9 $455,507.49 10 $478,282.87 RIDER C Provisions of Specific Application
Rent Escalation. Commencing on the anniversary date of the Commencement Date, the monthly Base Rental shall be increased by three percent (3%) of the monthly Base Rental paid during the preceding lease year. If the Commencement Date occurred on a day other than the first day of the month, rent escalation shall occur on the first day of the month preceding the anniversary date.
Rent Escalation. Beginning on the first twelve (12) month anniversary of The Commencement Date of the Lease and on each succeeding anniversary date hereafter for the term of the Lease and any renewals or extensions thereof, the rental rate for the Leased Premises shall increase 4% per annum over the rate charged for the immediately preceding twelve (12) months.
Rent Escalation. The annual Rent to be paid to Landlord by Tenant shall be increased as described in Exhibit B.
Rent Escalation. (a) As used in this Article 7, the term "Lease Year" shall mean the twelve month period commencing on the Rental Commencement Date, or, if the Rental Commencement Date is not on the first day of a calendar month, commencing on the first day of the first calendar month following the Rental Commencement Date, and each successive twelve month period thereafter during the Lease Term. The term "Subsequent Year" shall mean each Lease Year of the Lease Term following the first Lease Year. The term "Prior Year" shall mean the Lease Year prior to each Subsequent Year. The term "Index" shall mean the Consumer Price Index for all Urban Consumers (U.S. City Average; Base 1982-84=100), published by the Bureau of Labor Statistics of the United States Department of Labor. The term "Base Month" shall mean the calendar month which is two (2) months prior to the month during which this Lease is fully executed by Landlord and Tenant. The term "Comparison Month" shall mean the calendar month which is two (2) months prior to the first full month of each Subsequent Year in question.
Rent Escalation. [DELETED]
Rent Escalation. (a) Commencing on the first day of the second Lease Year (as hereinafter defined) and on the first day of every Lease Year thereafter during the term hereof, the annual rent (without deduction for rent abatement, if any) shall be increased by three percent (3%) of the amount of the annual rent which was in effect during the Lease Year immediately preceding the Lease Year for which the adjustment is being made, payable by Tenant as additional monthly rent.
(b) For all purposes of this Lease, the term “Lease Year” shall be defined to mean a period of twelve (12) full calendar months. The first Lease Year shall commence on the Rent Commencement Date (or on the first day of the first calendar month following the Rent Commencement Date if said date is other than the first day of a calendar month), and each succeeding Lease Year shall commence on the anniversary date of the beginning of the first Lease Year.
