Rent Adjustment Amount definition

Rent Adjustment Amount means an amount equal to the difference between (x) the Aggregate Base Annual Rental then in effect, and (y) the Maximum Allowed Annual Rental.

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Rent Adjustment Amount means, with respect to any sum (as may have been previously adjusted, the “Initial Sum”), an amount equal to the product of (1) the Initial Sum multiplied by (2) seventy-nine hundredths percent (0.79%).

Examples of Rent Adjustment Amount in a sentence

The Base Rent Adjustment Amount payable during any Lease Year or portion thereof consisting of more or less than twelve (12) calendar months shall be prorated on a monthly basis such that the Base Rent Adjustment Amount that is included within the Base Rent for each calendar month is equal to the Base Rent Adjustment Amount divided by twelve (12).
The Percentage Rent Adjustment Amount payable during any Lease Year or portion thereof consisting of more or less than twelve (12) calendar months shall be prorated on a monthly basis such that the Percentage Rent Adjustment Amount that in included within the Percentage Rent for each calendar month is equal to the Percentage Rent Adjustment Amount divided by twelve (12).
Base Rent shall be increased on each annual anniversary of the first day of the first full month following the Commencement Date (each an “Adjustment Date”) by adding the Rent Adjustment Amount to the per square foot Base Rent payable for the Premises per annum immediately before such Adjustment Date.
If the Market Rate and escalations are not determined by the first day of the Extension Term, then Tenant shall pay Landlord Base Rent in an amount equal to the Base Rent in effect immediately prior to the Extension Term and increased by the Rent Adjustment Amount until such determination is made.
The Percentage Rent Adjustment Amount payable during any Lease Year or portion thereof consisting of more or less than twelve (12) calendar months shall be prorated on a monthly basis such that the Percentage Rent Adjustment Amount that is included within the Percentage Rent for each calendar month is equal to the Percentage Rent Adjustment Amount divided by twelve (12).
The Seller shall cause an amount equal to $1,000,000 in cash to be deposited with the Escrow Agent (the "Lease Consent Escrow"), to be held by the Escrow Agent as security for the benefit of the Purchaser with respect to any amounts due to the Purchaser from the Seller as a Lease Termination Amount or Rent Adjustment Amount as provided in this Section 6.18(D) and for no other purposes under the terms of the Escrow Agreement.
April 1, 2016; provided, however, that the Target Commencement Date shall be delayed 1 day for each day after November 4, 2015, that this Lease has not been mutually executed and delivered by the parties Rent Adjustment Amount: $1.00 per rentable square foot of the Premises per year Base Term: Beginning on the Commencement Date and ending 60 months from the first day of the first full month commencing on or after the Commencement Date.
From and after the Effective Date, the amount set forth in the definition of “Base Rent” shall be increased by an amount equal to Twenty Seven Million Dollars ($27,000,000) (the “Base Rent Adjustment Amount”), which Base Rent Adjustment Amount shall be the Base Rent initially allocated to Springfield.
Base Rent shall be increased on each annual anniversary of the first day of the first full month following the Commencement Date (each an “Adjustment Date”) by adding the Rent Adjustment Amount to the per square foot Base Rent payable for the Premises per year immediately before such Adjustment Date.
If a monetary obligation under such Required Lease is to be increased by actions of either Seller or Purchaser hereunder, the Purchaser shall receive from Seller, at the time of execution of any such amendment, payment in cash of the Rent Adjustment Amount with respect to such Required Lease.

More Definitions of Rent Adjustment Amount

Rent Adjustment Amount means, subject to Section 2.05(d) below, an amount equal to the sum of the following (as such amount shall be increased or decreased in accordance with Section 2.04(c) above): (i) an amount equal to zero, plus (ii) an amount equal to the Cumulative Price Adjustment, if the Cumulative Price Adjustment is a positive number, or minus (iii) an amount equal to the Cumulative Price Adjustment, if the Cumulative Price Adjustment is a negative number.

Rent Adjustment Amount means, in respect of each Aircraft, the amount equal to the Rent actually received by the relevant Seller or any affiliate thereof from the relevant Lessee pursuant to the relevant Lease Agreement attributable to the period on and after the Economic Closing Date. “Sales Taxes” has the meaning set forth in Section 4.1. “Security Deposit Amount” means, in respect of each Aircraft, the amount of the cash Lease Deposit held by the relevant Seller pursuant to the relevant Lease Agreement immediately prior to the Delivery Date for such Aircraft. “Seller” means, with respect to each Aircraft, the entity identified as the “Seller” in respect of such Aircraft in Exhibit A-1.

Rent Adjustment Amount means, in respect of each Beneficial Interest, the amount equal to the Rent actually received by the relevant Seller or any affiliate thereof from the relevant

Rent Adjustment Amount means an amount equal to the difference between (x) the Base Annual Rental then in effect, and (y) the Maximum Allowed Annual Rental.

Rent Adjustment Amount means an amount equal to all Basic Rent that is actually received by Seller from and after the Economic Closing Date to (and including) the Delivery Date provided that if the Delivery Date occurs prior to the Economic Closing Date, the Rent Adjustment Amount shall be zero.

Rent Adjustment Amount means an amount equal to (i) the Companies’ monthly real estate expense (including base rent, CAM and real estate taxes) times a fraction equal to (A) the number of days from and after the Closing (which shall include the Closing Date) in the month in which Closing occurs over (b) the total days in the month in which Closing occurs. Schedule 3.1(a) sets forth a representative calculation of the Rent Adjustment Amount.