RENTAL ADJUSTMENTS definition

RENTAL ADJUSTMENTS means an amount equal to the product obtained by multiplying the Tenant Area by the quotient derived by dividing the Excess Cost by the Total Rentable Area.
RENTAL ADJUSTMENTS. Commencing twelve (12) months following the Commencement Date, the Basic Rent shall be Forty-Nine Thousand Seven Hundred Eighty-Three Dollars ($49,783.00) per month. Commencing twenty-four (24) months following the Commencement Date, the Basic Rent shall be Fifty-One Thousand Three Hundred Ninety-Five Dollars ($51,395.00) per month. Commencing thirty-six (36) months following the Commencement Date, the Basic Rent shall be Fifty-Two Thousand Eight Hundred Six Dollars ($52,806.00) per month. Commencing forty-eight (48) months following the Commencement Date, the Basic Rent shall be Fifty-Four Thousand Four Hundred Nineteen Dollars ($54,419.00) per month.
RENTAL ADJUSTMENTS means all the rent described in Section II of this Lease.

Examples of RENTAL ADJUSTMENTS in a sentence

  • RENTAL ADJUSTMENTS Adjustments in rental payments for any reason must be based on a provision of the lease or a SLA that describes the conditions under which an adjustment can be made and how the adjustment is to be calculated.

  • Xxxxx Title: Chairman and President Date: October 31, 1997 ATTEST: ------------------------------ EXHIBIT A INCREASED RENTAL ADJUSTMENTS The minimum rent shall be subject to adjustment for increases in the Consumer Price Index for all Urban Consumers (CPI-U), U.S. City Average, 1982-84+100 hereinafter called CPI, as released by the Southeastern Regional Office of the Bureau of Labor Statistics in Atlanta, Georgia.

  • MOTION - RENTAL ADJUSTMENTS FOR BUSINESSES AFFECTED BY CITY OF OTTAWA FACILITY CLOSURES MOTION Moved by Mayor J.

  • PART 11 REEXAMINATION OF TENANT ELIGIBILITY AND RENTAL ADJUSTMENTS 1.

  • RENTAL ADJUSTMENTS: Applicant understands that the Maximum Allowable Rental Rates and Utility Allowances are reviewed by the appropriate agencies and adjusted to reflect changes in the Area Median Income and utility costs for the area.

  • ADDENDUM The provisions of this Section 13 shall supersede and override any other provisions in this lease to the extent the same are inconsistent: 13.1 RENTAL ADJUSTMENTS.

  • RENTAL ADJUSTMENTS 7.1 If the market rent has not been agreed or determined before the review date then until it has been the Tenant shall continue to pay on account rent at the rate of yearly rent payable immediately before the review date.


More Definitions of RENTAL ADJUSTMENTS

RENTAL ADJUSTMENTS. The base rent shall increase at a fixed rate of 4% per year.
RENTAL ADJUSTMENTS. The base monthly rental shown in Paragraph 1.5 herein, shall be increased as follows: On December 1, 1995 to $8,438.00 On December 1, 1996 to $8,838.00 On December 1, 1997 to $9,338.00
RENTAL ADJUSTMENTS or a similar term is used in this Lease, it shall include the estimated Rental Adjustments and additional rent payments provided for in this Section.
RENTAL ADJUSTMENTS. Commencing on the first day of the thirteenth (13th) month of the Lease Term, the Basic Rent shall be Six Thousand Three Hundred Five Dollars ($6,305.00) per month. Commencing on the first day of the twenty-fifth (25th) month of the Lease Term, the Basic Rent shall be Six Thousand Four Hundred Seventy-Five Dollars ($6,475.00) per month.

Related to RENTAL ADJUSTMENTS

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

  • Principal Adjustment In the event that the Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount or Class B-6 Optimal Principal Amount is calculated in accordance with the proviso in such definition with respect to any Distribution Date, the Principal Adjustment for such Class of Class B Certificates shall equal the difference between (i) the amount that would have been distributed to such Class as principal in accordance with Section 4.01(a) for such Distribution Date, calculated without regard to such proviso and assuming there are no Principal Adjustments for such Distribution Date and (ii) the Adjusted Principal Balance for such Class.

  • Final Adjustment Amount shall have the meaning set forth in Section 2.5(e).

  • Purchase Price Adjustments has the meaning given to it in Section 2.04(a).

  • RENT ADJUSTMENT Any amounts owed by Tenant for payment of Operating Expenses. The Rent Adjustments shall be determined and paid as provided in Article Four.

  • Working Capital Adjustment has the meaning set forth in Section 2.4(a).

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater than the Normalised Working Capital Target (in which case it will be added to the Bid Amount for the purposes of Clause 7.3) or by which it is less than the Normalised Working Capital Target (in which case it will be deducted from the Bid Amount for the purposes of Clause 7.3);

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Working Capital Adjustment Amount means (A) if Working Capital is greater than $132,000,000, an amount equal to (i) Working Capital minus (ii) $132,000,000; (B) if Working Capital is less than $128,000,000, an amount (expressed as a negative number) equal to (i) $128,000,000 minus(ii) Working Capital; and (C) in any other case, zero $(0).

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Initial Adjustment Date As to any Adjustable Rate Mortgage Loan, the first Adjustment Date following the origination of such Mortgage Loan.

  • Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Pro Forma Disposal Adjustment means, for any Test Period that includes all or a portion of a fiscal quarter included in any Post-Transaction Period with respect to any Sold Entity or Business, the pro forma increase or decrease in Consolidated EBITDA projected by the Borrower in good faith as a result of contractual arrangements between the Borrower or any Restricted Subsidiary entered into with such Sold Entity or Business at the time of its disposal or within the Post-Transaction Period and which represent an increase or decrease in Consolidated EBITDA which is incremental to the Disposed EBITDA of such Sold Entity or Business for the most recent Test Period prior to its disposal.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Cost of Living Adjustment means the cost of living adjustment prescribed by the Secretary of the Treasury under Code Section 401(a)(17) or 415(d) for any applicable year.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Final Adjustment Statement has the meaning set forth in Section 2.5(d).

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Lot line adjustment means the relocation of the property boundary line in a

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Post-Closing Adjustment Amount shall have the meaning set forth in Section 2.4(a).

  • Interest Adjustment Period means each successive one calendar month period during the Extension Period and until the entire Indebtedness is paid in full.