Rent Adjustment Date definition

Rent Adjustment Date. The first day of each Extended Term.

Rent Adjustment Date means the [fifth (5th)] anniversary of the First Rent Payment Date, and each date which falls on each [four (4)] year anniversary thereof.

Rent Adjustment Date. The first day of any of the Extended Terms.

Examples of Rent Adjustment Date in a sentence

• The lease provides for an adjustment every 15 years (Rent Adjustment Date) to the annual rental based on 4% of the fair market value of the land under lease, excluding improvements.

• On each Rent Adjustment Date, the Annual Base Rent shall increase (but not decrease) to reflect the change in the CPI Index between the Rent Commencement Date and the first Rent Adjustment Date (with respect to the first such Rent Adjustment Date) or between the immediately preceding Rent Adjustment Date and the current Rent Adjustment Date with respect to each subsequent Rent Adjustment Date.

• However, in no event shall Minimum Ground Rent be reduced below the Minimum Ground Rent in effect immediately prior to the Minimum Ground Rent Adjustment Date.

• However if these communities are to gain real control, legal possession will need to be supported by social acceptance of the new rules of access.

• If this Lease has not been terminated, then on each Rent Adjustment Date set forth in the Basic Lease Information, the Base Rent will increase by the Rent Increase Percentage set forth in the Basic Lease Information.

More Definitions of Rent Adjustment Date

Rent Adjustment Date has the meaning set forth in Section 4.1 of this Lease.

Rent Adjustment Date means each anniversary of the Commencement Date during the Term.

Rent Adjustment Date. Each yearly anniversary of the Fixed Term Commencement Date during the Term of the Lease including any exercised extension thereof.

Rent Adjustment Date. For each Lease Year, except the first (1st) Lease Year, the first (1st) day of such Lease Year.

Rent Adjustment Date means each anniversary of the Commencement Date; provided, however, upon the addition of a Facility to the Leased Property after the Commencement Date, this date will be adjusted by Landlord to take into account the Amendment Commencement Date for the added Facility and provide for one Rent Adjustment Date that is applicable for all Facilities during the Term.

Rent Adjustment Date is defined in Section 1.1 herein.

Rent Adjustment Date means the second anniversary of the first day of the calendar month in which the Commencement Date occurs, and thereafter, each anniversary thereof;