Common use of Fair Market Rental Clause in Contracts

Fair Market Rental. If Lessee exercises the right to extend the Term then the Minimum Rent shall be adjusted to equal the Fair Market Rental for the Leased Premises as of the date of the commencement of the Renewal Term, pursuant to the procedures hereinafter set forth. The term "Fair Market Rental" means the Minimum Rent chargeable for the Leased Premises based upon the following factors applicable to the Leased Premises or any comparable premises:

Fair Market Rental. If Lessee exercises the right to extend the term of the Lease for the second Extended Term contemplated hereby, then the Minimum Base Rent shall be adjusted to equal the Fair Market Rental for the Leased Premises as of the date of the commencement of the Renewal second Extended Term, pursuant to the procedures hereinafter set forth. The term "“Fair Market Rental" ” means the Minimum Base Rent chargeable for the Leased Premises based upon the following factors applicable to the Leased Premises or any comparable premises:

Fair Market Rental. If Lessee exercises the right to extend the Term term then the Minimum Monthly Rent shall be adjusted to equal the Fair Market Rental for the Leased Premises premises as of the date of the commencement of the Renewal such Extended Term, pursuant to the procedures hereinafter set forth. The term "Fair Market Rental" means the Minimum Monthly Rent chargeable for the Leased Premises based upon the following factors applicable to the Leased Premises or any comparable premises:

Fair Market Rental. If Lessee exercises the right to extend the Term term then the Minimum Monthly Rent shall be adjusted to equal the Fair Market Rental for the Leased Premises premises as of the date of the commencement of the Renewal such Extended Term, pursuant to the procedures hereinafter set forth. The term "Fair Market Rental" means the Minimum Rent chargeable for the Leased Premises based upon the following factors applicable to the Leased Premises or any comparable premises:term