STATE OF MISSISSIPPI STANDARD ESCALATION AGREEMENT RPM 5AEscalation Agreement • October 10th, 2020
Contract Type FiledOctober 10th, 2020Only those Conditions #1 – 4 below initialed by Lessor and Lessee are applicable to this Lease. Condition #5 may not be excluded from this amendment. All increases in expense charged by Lessor to Lessee will be charged as additional rent. “Additional Rent” shall mean the amount of the Lessee’s proportionate share of the following expenses for a particular year. Any escalation charged in a partial year of the lease will be prorated to the Lessee’s total days of occupancy.