Common use of Rental Adjustments Clause in Contracts

Rental Adjustments. 6.1 The Basic Annual Rent then in effect (and as previously increased pursuant to this Section 6.1) shall be increased each year by three percent (3%) on each annual anniversary of the Term Commencement Date for so long as this Lease continues in effect.

Appears in 4 contracts

Samples: Lease (Genelux Corp), Lease (Genelux Corp), Lease (Cytel Corp/De)

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Rental Adjustments. 6.1 The Basic Annual Rent then in effect (and as previously increased pursuant to this Section 6.1) shall be increased each year of the term and any extended term by three percent (3%) ). The first such increase shall become effective on each the first annual anniversary of the Term Commencement Date Date, and subsequent increases shall become effective on the same day of each calendar year thereafter for so long as this Lease continues in effect.

Appears in 1 contract

Samples: Sublease (Salmedix Inc)

Rental Adjustments. 6.1 The Basic Annual Rent then in effect (as set forth in Sections 2.1.2 and as previously increased pursuant to this Section 6.12.1.3) shall be increased each year by three percent (3%) on each annual anniversary of the Term Commencement Date Date, commencing on the third (3rd) annual anniversary of the Term Commencement Date, for so long as this Lease continues in effect.

Appears in 1 contract

Samples: Lease (Salmedix Inc)

Rental Adjustments. 6.1 The Basic Annual Rent then in effect (and as previously increased pursuant to by previous adjustments under this Section 6.1) shall be increased each year by three four percent (34%) on each annual anniversary of the Term Commencement Date for so long as this Lease continues in effectDate.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Brocade Communications Systems Inc)

Rental Adjustments. 6.1 The Basic Annual Rent then in effect (and as previously increased pursuant to by previous adjustments under this Section 6.1) shall be increased on each year of the first through the twelfth annual anniversaries of the Term Commencement Date by three percent (3%) on each annual anniversary of the Term Commencement Date for so long as this Lease continues in effect).

Appears in 1 contract

Samples: Lease (Globix Corp)

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Rental Adjustments. 6.1 The Basic Annual Rent then in effect (and as previously increased pursuant to this Section 6.1) shall be increased each year of the term and any extended term by three percent (3%). The first such increase shall become effective commencing with that monthly rental installment which is first due on or after the first (1st) on each annual anniversary of the Term Commencement Date and subsequent increases shall become effective on the same day of each calendar year thereafter for so long as this Lease continues in effect.

Appears in 1 contract

Samples: Sublease Agreement (Amylin Pharmaceuticals Inc)

Rental Adjustments. 6.1 The Commencing on the first anniversary of the Term Commencement Date, the Basic Annual Rent then in effect (and as previously increased pursuant to this Section 6.1) shall be increased each year by three and one-half percent (33.5%) on each annual anniversary of the Term Commencement Date for so long as this Lease continues in effect.

Appears in 1 contract

Samples: Epoch Biosciences Inc

Rental Adjustments. 6.1 The Basic Annual Rent then set forth in effect (Sections 2.1.2 and as previously increased pursuant to this Section 6.1) 2.1.3 shall be increased each year by three percent (3%) annually, compounded, commencing on each annual the first anniversary of the Term Commencement Date Date, and on the same day of each year thereafter for so long as this Lease continues in effect.

Appears in 1 contract

Samples: Lease (Icagen Inc)

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