Rental Increase. If Tenant assigns its interest in this Lease or sublets the Premises, other than in the case of a Permitted Assignment, the Minimum Annual Rental then payable by Tenant shall be increased, effective as of the date of such Assignment, to the greater of (a) an amount equal to the total of the Minimum
Rental Increase. The Monthly Base Rent shall be increased on the anniversary of the Lease Commencement Date of each year during the Term hereof, beginning in 1994, by three percent (3%) of the Monthly Base Rent for the month immediately proceeding.
Rental Increase. XXXXX VILLAGE may increase the rent on a 30 day notice to the residents.
Rental Increase. The Base Rent shall increase by three (3%) percent annually on the anniversary of the Final Delivery Date and each year thereafter, including the Renewal Option Period(s), as described below.
Rental Increase. Shall be on each anniversary date of this lease as provided in paragraph 30 hereof.
Rental Increase. If Tenant assigns its interest in this Lease or sublets the Premises, other than in the case of a Permitted Assignment, the Minimum Annual Rental then payable by Tenant shall be increased, effective as of the date of such Assignment, to the greater of (a) an amount equal to the total of the Minimum Annual Rental plus Percentage Rental required to be paid by Tenant pursuant to this Lease during the twelve (12) month period immediately preceding the request for Landlord's consent to the Assignment, (b) Minimum Annual Rental specified in Section 1.12, adjusted in accordance with the provisions of Section 27.21 of this Lease relating to percentage adjustments in the "Index" (as defined in Section 27.21), or (c) a sum equal to the then fair market rental value of the Premises, as the same shall be agreed upon by Landlord and Tenant. In the event Landlord and Tenant are unable to agree upon the then fair market rental value of the Premises sixty (60) days prior to the effective date of the Assignment, then the fair market rental value shall be determined in accordance with the following: The Premises shall be appraised by an M.A.I. Appraiser chosen by Landlord ("First Appraiser"). If the appraisal determined by the First Appraiser is deemed unacceptable by Tenant, then Tenant shall so advise Landlord in writing within ten (10) working days after receipt of the appraisal by the First Appraiser and Tenant shall have the right to engage an M.A.I. Appraiser ("Second Appraiser") to appraise the Premises. In the event Landlord shall deem the appraisal by the Second Appraiser to be unacceptable, then Landlord shall advise Tenant within ten (10) working days after receipt of the appraisal by the Second Appraiser, and the First Appraiser and Second Appraiser shall together choose an M.A.I. Appraiser ("Third Appraiser"). The cost of the Second and Third Appraisers shall be borne by Tenant. If the appraisal determined by the Third Appraiser is greater than the highest appraisal or lower than the lowest appraisal given by the First Appraiser and Second Appraiser, then the appraisal shall be the average of the first two (2) appraisals. If the appraisal determined by the Third Appraiser is not greater than the highest appraisal nor lower than the lowest appraisal determined by the First Appraiser and Second Appraiser, then the appraisal shall be the sum of the appraisals of the First Appraiser, Second Appraiser and Third Appraiser, divided by three (3). The appraisal process ...
Rental Increase. Annual rental for each additional five (5) year term shall be equal to one hundred five percent (105%) of the annual rental payable with respect to the immediately preceding five (5) year term.
Rental Increase. The rent shall be increased annually based upon the percentage change in the consumer price index (U.S. Department of Labor for Urban Wage earners and Clerical Workers, Los Angeles, California: 1967=100) for the month of December. Each year that the lease is in place this amount will be calculated and the rent shall be increased accordingly. At no time shall the rent be lowered below the previous year’s amount.
Rental Increase. Rent shall automatically increase one hundred and fifty percent (150%) on all holdover periods, shall remain valid for the duration of the holdover period, and shall be collectable as Rent unless this Agreement is renewed if permissible herein.
