YEAR OPTION. (2) The tenancy created under this Agreement will be for a period of twenty (20) years and will commence on January 1, 2016 and end on December 31, 2035, unless sooner terminated in accordance with the terms of this Agreement. Tenants’ Initials
YEAR OPTION. (3) The beginning monthly Base Rent under this Lease shall be $ which shall remain in effect until the first anniversary date (or rent adjustment date) which is January 1st of each calendar year. Each anniversary date, then current monthly Base Rent shall be adjusted based upon 100% of the annual increase in the Consumer Price Index (CPI) for the Los Angeles- Riverside- Orange County xxxx xxxx (0000-0000 = 100), utilizing the "All Urban Consumers" index as of the most recent month available at the time of the giving notice of the increase to Tenant. In no event shall the CPI rent adjustment under this paragraph be less than six (6) percent per month of the then last charged monthly Base rent. In the event that the CPI index is discontinued or revised, another governmental index then in existence shall be selected by Owner and used to obtain substantially the same result as if the CPI index had not been discontinued or revised Tenants’ Initials
YEAR OPTION. (1) The beginning monthly Base Rent under this Lease shall be $ which shall remain in effect until the first anniversary date (or rent adjustment date) which is January 1st of each calendar year. Each anniversary date, then current monthly Base Rent shall be adjusted based upon 100% of the annual increase in the Consumer Price Index (CPI) for the Los Angeles- Riverside- Orange County xxxx xxxx (0000-0000 = 100), utilizing the "All Urban Consumers" index as of the most recent month available at the time of the giving notice of the increase to Tenant. In no event shall the CPI rent adjustment under this paragraph be less than seven
YEAR OPTION. The Lessee shall not be entitled to exercise either the first or second five (5) year option if, at the time of such exercise, the Lessee is in default of any provision of this Lease as defined in Paragraph 12.1 and such default is not cured by the Lessee, either before or after exercise of the option, within thirty (30) days after written notice of said default from the Lessor to the Lessee, or if the Lessor has in good faith delivered to the Lessee more than two (2) notices of default under the Lease within the previous twelve (12) months which have not been cured within any applicable cure period.
YEAR OPTION. While the specifics of tasks for a second year can be negotiated, we propose here 3 activities that can constitute the tasks that can be pursued of the second year as a follow up on this first year base effort. These tasks are: A) Extensions and Improvements, B) Incorporating GRID computing and security infrastructure, and C) Establishing a problem solving environment. All or some of these tasks can be carried out at a negotiated level of detail that would be consistent with the level of effort in that proposal. Task1: Extensions and Improvements Based on the lessons learned from the benchmarking activities in year one, many opportunities will arise for improving the base system. Performance evaluations can even demonstrate which areas need further work. Furthermore, additional desirable features that can be feasible to include as they provide generous performance and usability return for moderate effort will be also considered. Examples of the features to be examined for possible incorporation into the base system are: checkpointing and recovery, job migration and load balancing, priority scheduling, improved user interface, and remote data input/output and display.
YEAR OPTION. In the first year of the option period the Monthly Rent will be 102% of the previous year’s Monthly Rent. Each year thereafter the Monthly Rent will increase by 2% annually. The rental period for each year in the 5 year option shall be twelve months long, starting on January 1st and ending on December 31st.
YEAR OPTION. Base Rent for the second five year renewal option shall be determined as follows:
YEAR OPTION. Client may elect to secure a three-year fixed fee contract under the same terms and conditions as stated in this Agreement at a secured rate as follows: Initial: Fiscal Year 2023-2024 Costs - $2,400 Initial: Fiscal Year 2024-2025 Costs - $2,400 Initial: Fiscal Year 2025-2026 Costs - $2,400 Please check and initial here your choice for a three-year contract: Yes for three-year option NO for three-year option (Initials) (Initials)
YEAR OPTION. Aterminatedugust 1 2015 and end on July 31, 2035, unless soone. r be for a (p2e)riTohdeotfentwanecnytyc(r2e0at)eydeuarnsdearndthwisilAl gcorememmennct ewoilnl 111 accordance with the terms of this Agreement Tenants' Initials oAf.fsTeetn(awnitthwoiullt pwaayivaisngreCntivtioI COwodneerSwecitihoonut19de4d2u) catinodn 0o1r1 specified in Paragraph 3(B) below.
YEAR OPTION. (3) The tenancy created under this Agreement will Mtheobgilueehsotm1se Rexeesm(dpetnctyrp\ Lmaw.4 ogdueisft thfyi\egauses,tdecfionmeeds )wYiththine commence on August 1 2015 and end on July 31, 2040, be for a period of twenty-five (25) years and will unless sooner terminated in accordance with the terms of the meaning of Civi! Coqe, Sqctic\ 1 798�'34·: ! rwehlaictihngtht\lo·\ltiiolme emaisinsti�'tnuate'y'de ionr,tthhee\elvanend.tatnlide/Tpreenmanistef'satulspoton this Agreement rnRualiensta/ia9n"ds\1B'.cbe--g·-lta't/1a1dtir�n\rs pof\t:emthise'csGi, oinmrnacucnoirtdyanacfeter iwthrittene Tenants, I111·ti·aIs /-ncoomtifip¢l1v)a')t-�iVo1 l.nth!,,1ot1 ftohu�rtTeen;\a(nIt�a)nc�d ytsly. failure of the Ternrnt to •
