Rent Escalation Clause Examples
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Rent Escalation. On the first anniversary of the SLA Commencement Date for each SBA Site in Region 2, and on each anniversary of the Commencement Date for said Sites thereafter throughout the Initial Term and any Renewal Term, Rent shall be increased by [***] of the Rent payable during the immediately prior year. [***] - CONFIDENTIAL TREATMENT REQUESTED
Rent Escalation. On the third anniversary of the SLA Commencement Date for each BTS Site in Region 1, and on each anniversary of the Commencement Date for said Sites thereafter throughout the Initial Term and any Renewal Term, Rent shall be increased by [***] of the Rent payable during the immediately prior year.
Rent Escalation. 4.1 Tenant shall pay, as monthly rent hereunder, in addition to the Base Rent, the sums provided in this Section 4. Tenant shall be advised of any change, from time to time, in rent escalation payments required hereunder by written notice from Landlord, which shall include information in such detail as Landlord may reasonably determine to be necessary in support of such change. Tenant shall have 30 days after the receipt of any such notice to protest the change indicated therein, and Tenant's failure to make such protest in a written notice to Landlord within such 30-day period shall be conclusively deemed to be tenant's agreement to such changes. Notwithstanding any such protest all rent escalation payments falling due after service of such notice shall be made in accordance with such notice until the protest has been resolved, whereupon any necessary adjustment shall be made between Landlord and Tenant. Any audit arising out of such a protest by Tenant shall be done, at Tenant's expense in accordance with generally accepted auditing and management standards by a major public accounting firm selected by Tenant and approved by Landlord in its reasonable discretion. Such audit shall be performed at the Quin▇▇ ▇▇▇lding in Los Angeles or at such other location in the United States as Landlord may select from time to time for the maintenance of its accounting records for the Building.
4.2 Following the first December 31 during the term of the Lease, Tenant shall pay Landlord in a single lump sum upon billing therefor. Tenant's Percentage Share (as defined in Section G on Page 2 of the Lease) of each of the following amounts (collectively, "Excess Expenses"): (1) the amount (if any) by which Real Estate Taxes for the then current tax fiscal year exceed the Real Estate Taxes for the Base Year for Real Estate Taxes set forth in Section F on Page 2; (2) the amount (if any) by which Operating Costs for the just completed calendar year exceed the Operating Costs for the Base Year for Operating Costs set forth in Section F on Page 2; and (3) the amount (if any) by which Utility Costs for the just completed calendar year exceed the Utility Costs for the Base Year for Utility Costs set forth in Section F on Page 2. At the same time Tenant shall also pay to Landlord one-twelfth of Tenant's Percentage Share of such amounts for each month that has commenced since December 31, as estimated payments towards Tenant's share of the Excess Expenses for the following year. (If L...
Rent Escalation. B-1.01 The Fixed Minimum Rent of Sixty Seven Thousand Nine Hundred Fifty and 00/100 ($67,950.00) Dollars reserved in the preamble to this Lease shall be increased (the "Recomputed Fixed Minimum Rent") as of the first day of the second and each subsequent Lease year of the Term, in accordance with the following schedule: Lease Year Recomputed Fixed Minimum Rent 2 $67,950.00 3 $67,950.00 4 $74,745.00 5 $74,745.00 6 $74,745.00 7 $82,219.50 8 $82,219.50 9 $82,219.50 10 $90,441.45 RIDER C Provisions of Specific Application Non-Office Premises
Rent Escalation. Beginning on the first twelve (12) month anniversary of The Commencement Date of the Lease and on each succeeding anniversary date hereafter for the term of the Lease and any renewals or extensions thereof, the rental rate for the Leased Premises shall increase 4% per annum over the rate charged for the immediately preceding twelve (12) months.
Rent Escalation. Commencing on the anniversary date of the Commencement Date, the monthly Base Rental shall be increased by three percent (3%) of the monthly Base Rental paid during the preceding lease year. If the Commencement Date occurred on a day other than the first day of the month, rent escalation shall occur on the first day of the month preceding the anniversary date.
Rent Escalation. The annual Rent to be paid to Landlord by Tenant shall be increased as described in Exhibit B.
Rent Escalation. (a) As used in this Article 7, the term "Lease Year" shall mean the twelve month period commencing on the Rental Commencement Date, or, if the Rental Commencement Date is not on the first day of a calendar month, commencing on the first day of the first calendar month following the Rental Commencement Date, and each successive twelve month period thereafter during the Lease Term. The term "Subsequent Year" shall mean each Lease Year of the Lease Term following the first Lease Year. The term "Prior Year" shall mean the Lease Year prior to each Subsequent Year. The term "Index" shall mean the Consumer Price Index for all Urban Consumers (U.S. City Average; Base 1982-84=100), published by the Bureau of Labor Statistics of the United States Department of Labor. The term "Base Month" shall mean the calendar month which is two (2) months prior to the month during which this Lease is fully executed by Landlord and Tenant. The term "Comparison Month" shall mean the calendar month which is two (2) months prior to the first full month of each Subsequent Year in question.
Rent Escalation. (a) As used in this Article 7, the term "Lease Year" shall mean the twelve month period commencing on the Rental Commencement Date, or, if the Rental Commencement Date is not on the first day of a calendar month, commencing on the first day of the first calendar month following the Rental Commencement Date, and each successive twelve month period thereafter during the Lease Term. The term "Subsequent Year" shall mean each Lease Year of the Lease Term following the first Lease Year. The term "Prior Year" shall mean the Lease Year prior to each Subsequent Year. The term "Index" shall mean the Consumer Price Index for all Urban Consumers (U.S. City Average; Base 1982-84=100), published by the Bureau of Labor Statistics of the United States Department of Labor. The term "Base Month" shall mean January, 1990. The term "Comparison Month" shall mean the calendar month which is four months prior to the first full month of each Subsequent Year in question.
Rent Escalation. (a) For purposes of this Section, the following definitions shall apply: