Variable Rent Base Amount definition
Variable Rent Base Amount. As defined in clause (b)(ii)(A) of the definition of “Rent.”
Variable Rent Base Amount. As defined in clause (b)(ii)(A) of the definition of “Rent.” “Variable Rent Determination Period”: Each of (i) the Fiscal Period that ended immediately prior to the Commencement Date, and (ii) the Fiscal Period in each case that ends immediately prior to the commencement of the eighth (8th) Lease Year, the eleventh (11th) Lease Year, and the first (1st) Lease Year of each Renewal Term. “Variable Rent Payment Period”: Collectively or individually, each of the First Variable Rent Period, the Second Variable Rent Period and each of the Renewal Term Variable Rent Periods. “Variable Rent Statement”: As defined in Section 3.2(a). “Work”: Any and all work in the nature of construction, restoration, alteration, modification, addition, improvement or demolition in connection with the performance of any Alterations and/or any Capital Improvements. “Year 8 Decrease”: As defined in clause (b)(ii)(A) of the definition of “Rent.” “Year 8 Increase”: As defined in clause (b)(ii)(A) of the definition of “Rent.” “Year 8-10 Variable Rent”: As defined in clause (b)(ii)(A) of the definition of “Rent.” “Year 11 Decrease”: As defined in clause (b)(ii)(B) of the definition of “Rent.” “Year 11 Increase”: As defined in clause (b)(ii)(B) of the definition of “Rent.” “Year 11-15 Variable Rent”: As defined in clause (b)(ii)(B) of the definition of “Rent.” ARTICLE III RENT 3.1
Variable Rent Base Amount. “Variable Rent Determination Period” “Variable Rent Floor Trigger Event” “Variable Rent Floor Base Year” “Variable Rent Payment Period” “Variable Rent Statement”