Common use of Minimum Monthly Rent Clause in Contracts

Minimum Monthly Rent. (a) The Minimum Monthly Rent at the beginning of each option term shall be adjusted to the then “Fair Market Rental Rate.”

Appears in 2 contracts

Samples: Terms and Conditions (Sientra, Inc.), Terms and Conditions (Sientra, Inc.)

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Minimum Monthly Rent. (a) The Minimum Monthly Rent at the beginning of each the first option term shall be adjusted to the then “Fair Market Rental Rate,” as defined below.

Appears in 1 contract

Samples: Multi Tenant Industrial Lease (Resonant Inc)

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Minimum Monthly Rent. (a) The Minimum Monthly Rent at the beginning of each the first option term shall be adjusted to the then “Fair Market Rental Rate,” however in no event shall the rent at the beginning of the first option term be less than the rent paid in the last month of the fifth (5th) year of the Initial Term including the annual increase adjustment.

Appears in 1 contract

Samples: Terms and Conditions (Inogen Inc)

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