Review Dates definition
Examples of Review Dates in a sentence
Second and subsequent Review Dates: Every 31 December for the Term By using the same Rent Review process as for the First Review Date in the row above, except that references to “First Review Date” will be read as references to the second or subsequent Review Dates (as appropriate).
Every 31 December for the Term By using the same Rent Review process as for the First Review Date in the row above, except that references to “First Review Date” will be read as references to the second or subsequent Review Dates (as appropriate).
Gross Sales Percentage N/A Annual Fixed Percentage Increase of Annual Rent [INSERT]% Market Rent Review Date(s) [INSERT] Permitted Use of the Premises [INSERT] Required Operating Times (subject to clause 12.6) From Monday to Friday (inclusive) 7.30am to 6.00pm; Saturdays, Sundays and Public Holidays 8.30am to 5.00pm; or any other hours permitted by the Lessor in writing.
The revised amount will be calculated as current price multiplied by (A/B) per annum where: • A = The figure shown in the index for the month immediately before the Review Date; and • B = in the case of the first Review Date, the figure shown in the index for the month and year that is 12 months prior to the month referenced in A and in the case of subsequent Review Dates, the figure shown in the index for the month immediately before the preceding Review Date.
If Sunwater does so, subsequent Review Dates will occur on each 5 year anniversary of the extended Review Date, subject to Sunwater's right to grant further extensions under this clause.