Base Rental Amount definition

Base Rental Amount as set forth in Section 38.1(E) of the Lease is also hereby amended by adding the following clauses (6) and (7) thereto:

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Base Rental Amount. Includes Pet Fee (if applicable) Reservation Charges:Security Dep. Waiver: if applicable Reservation Fees: 85.00 OR 55.00 Security Deposit: 0.00 Tax: Property ID: Property Name & Address:

Base Rental Amount shall have the meaning set forth in Paragraph 4.

Examples of Base Rental Amount in a sentence

Tenant shall be liable to pay one and one-half times (1.50 times) the Base Rental Amount for any hold-over period in the event Tenant fails to vacate on or before the applicable Expiration Date.
Such present value shall be calculated (i) by using the portion of the Monthly Base Rental Abatement Amount then remaining as of the Payment Date (as though such remaining portion of the Monthly Base Rental Amount benefitted Tenant at the mid-way point between the Payment Date and the last day of the abatement period) and (ii) by using a discount rate of five percent (5%) per annum.
Base Rental Amount adjustments, if any, will begin upon the Lease Commencement Date.
In the event Lessee requests a change order or modification to the Lessor’s Work on Upfits that affects the costs thereof, the Base Rental Amount for the Premises identified in Section 1 above for Lessor’s Work on Upfits may be adjusted up or down pursuant to a prior written change order agreement for building improvements signed by Lessor and Lessee by using the following formula: $0.026/SF/$25,000 (as calculated on 109,080 S.F.) change in direct costs.
Upon the first anniversary date of the Lease Commencement Date and for all consecutive anniversaries thereafter, the Lease Base Rental Amount will be adjusted up each year by the annual percentage change in the Consumer Price Index for All Urban Consumers (CPI-U) published closest to the anniversary of the Lease Commencement Date, but not less than three percent (3%).
Upon the first anniversary date of the Lease Commencement Date and for all consecutive anniversaries thereafter the lease Base Rental Amount will be adjusted each year by the annual percentage change in the CPI-U published closest to the anniversary of the Lease Commencement Date , but not less than three percent (3%).
During the period after the giving of such notice and during the remedying of such act or omission, the Base Rental Amount and Additional Amount payable by Tenant for such period as provided in this Lease shall be abated and apportioned only to the extent that all or any part of the Leased Premises shall be untenantable.
The Base Rental Amount is the sum of the rents for Base Rental Rate, Upfits Rental Rate and the Additional Land Rental Rate (if the Land Option in Section 6 is chosen).
Base Rental Amount specified in Paragraph (5) of the Lease Agreement will increase six percent (6%) per annum beginning in month thirteen (13) of the initial Rental Term for the entire Term.
Tenant shall be liable to pay two and one-half times (2.50 times) the Base Rental Amount for any hold-over period in the event Tenant fails to vacate on or before the applicable Expiration Date.

More Definitions of Base Rental Amount

Base Rental Amount as set forth in Section 38.1(E) of the Lease is hereby amended by deleting clause (4) in its entirety and the following clause is hereby substituted thereof:

Base Rental Amount shall have the meaning set forth in Section 41.1 hereof.

Base Rental Amount means the greater of (x) the amount described in Section 7.8(i)(A) hereof, and (y) the amount described in Section 7.8(i)(B) hereof.

Base Rental Amount means an amount equal to the product of (i) the per square foot annual Fixed Rent and Additional Charges then payable by Tenant for the balance of the Premises and (ii) the number of rentable square feet in the Offering Space. On the first day of the second (2nd) Lease Year and each subsequent Lease Year with respect to the Offering Space, the Fixed Rent with respect to the Offering Space shall be increased two percent (2.00%) of the Fixed Rent payable immediately prior thereto. For purposes of the Fixed Rent payable for the Offering Space, the first “Lease Year” shall mean the period commencing on the Offering Space Commencement Date and ending on the last day of the month in which occurs the one (1) year anniversary thereof (unless the Offering Space Commencement Date shall be the first day of the month, in which event the first Lease Year shall end on the day preceding the one year anniversary of the Offering Space Commencement Date), and each subsequent “Lease Year” shall mean each full or partial twelve (12) month period remaining in the Term;

Base Rental Amount means: