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.
Appears in 2 contracts
Samples: Lease Agreement (Aderis Pharmaceuticals Inc), Lease Agreement (Aderis Pharmaceuticals Inc)
Rent Escalation. Beginning on the first twelve (12) month anniversary of The the Commencement Date of the Lease lease and on each succeeding anniversary date hereafter thereafter for the term of the Lease lease and any renewals or extensions thereof, the rental rate for the Leased Premises premises shall increase 43 % per annum over the rate charged for the immediately preceding preceeding twelve (12) months.
Appears in 1 contract
Samples: Imagemax Inc
Rent Escalation. Beginning on the first twelve (12) month anniversary of The Commencement Date of the Lease and on each succeeding anniversary date hereafter thereafter 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.
Appears in 1 contract
Samples: Office Lease Agreement (BLC Financial Services Inc)
