Increases in Rent. The Tenant shall be obligated to pay rent for the Initial Term in accordance with the following time periods: 1st Period – Xxxx Xxxxxx Monthly Rent: $ From: To: 2nd Period – Xxxx Xxxxxx Monthly Rent: $ From: To: 3rd Period – Xxxx Xxxxxx Monthly Rent: $ From: To: Hereinafter known as the “Base Rent.”
Increases in Rent. The landlord is entitled to increase the rent within reason in accordance with rents charged for comparable garages or parking spaces. The procedures outlined in §§ 558 et seq. of German Civil Code (BGB) need not be adhered to.
Increases in Rent. A. Unless your Monthly Rent is based on Shelter Allowance, Your Monthly Rent may increase if Basic Rent increases due to increases in operating costs of the project that your unit is in. Your Monthly Rent will be the amount stated on page 1, #6 of the lease or Basic Rent, whichever is more.
Increases in Rent. No lease compliant resident will be involuntarily displaced from the Project meaning that there shall be no lease terminations without cause. Borrower must provide all tenants in the Project with not less than 30 days’ prior written notice of increases in rents. For two years following the Date of Closing, no rent for an Affordable Unit that is occupied by a tenant that was a tenant of the Affordable Unit as of the Date of Closing may increase by more than 5% per year, provided that in no event may the rent limitations imposed by Section 8.01 of this Agreement be exceeded.
Increases in Rent. Commencing January 1, 2005, the rent shall increase according to the schedule set forth in the Master Lease, with Subtenant paying Sunstorm rent in proportion to Subtenant’s use of the Subleased Premises, which amount shall not be less than 50% of the rent schedule set forth in the Master Lease.
Increases in Rent. (a) The Rent will be adjusted upward by the lesser of three percent (3%) of the Rent paid during that lease year, or the CPI adjustment computed in the manner set forth in paragraph (b) below.
Increases in Rent. The monthly rental rate to be paid during months thirteen (13) through sixty (60) shall be based upon the following schedule (Month 13 commences November 1, 1998 (subject to Lessor-caused delays and force majeure and subject to adjustment based on Lessee's payment of Rent and other payments commencing before November 1, 1997)): Months 13 through 24 $32,664.00 Months 25 through 36 $34,244.00 Months 37 through 48 $35,825.00 Months 49 through 60 $37,405.00
Increases in Rent. At the end of the twelfth (12th) month of the Term, the base annual Rental shall be adjusted in the amount of the increase in the Consumer Price Index ("CPI") for All Urban Consumers, All Items, for the San Francisco - Oakland Metropolitan Area (1967 = 100). The computation shall be made by multiplying Two Hundred Seventy Thousand and 00/100 ($270,000.00) Dollars by a fraction, the numerator of which shall be the index figure for the month prior to the month in which the adjustment commences and the denominator of which shall be the index figure for the month prior to the month in which this Lease commences. In the event that the Bureau of Labor Statistics shall cease to publish the index, then a similar index by any other branch or department of the United States shall be used. The result of this computation shall then be divided by twelve (12), and commencing the thirteenth (13th) month of this Lease, the adjusted base Rental shall be paid. Annually thereafter, at twelve (12) month intervals, the base annual Rental shall be adjusted in accordance with the adjustment in the CPI or other comparable index. The maximum increase in Rental for any twelve (12) month period shall be five percent (5%). Increases, at the end of each twelve (12) months of the Term of the Lease shall be limited to the amount of the sum of the increase in the CPI during the twelve (12) month period preceding, plus the amount which the increase in the CPI during any preceding twelve (12) month period exceeded five percent (5%) to the extent the excess has not previously been applied, but in no event, is the increase at the end of any twelve (12) month period to exceed five percent (5%).
Increases in Rent. On each annual anniversary of the Commencement Date, the rent shall be adjusted upward by three percent (3%) per annum.
