RENTAL ADJUSTMENTS means an amount equal to the product obtained by multiplying the Tenant Area by the quotient derived by dividing the Excess Cost by the Total Rentable Area.
RENTAL ADJUSTMENTS means an amount equal to the product obtained by multiplying the Tenant Area by the quotient derived by dividing the Excess Cost by the Total Rentable Area. d.
RENTAL ADJUSTMENTS means all the rent described in Section II of this
Examples of RENTAL ADJUSTMENTS in a sentence
The Base Rent shall be subject to adjustment as set forth in Section 8 (Rental Adjustments) hereof.
Unless specified otherwise herein, notice of any rental adjustments, other than Fixed Rental Adjustments, shall be made as specified in paragraph 23 of the Lease.
Rental Adjustments: Commencing on October 1, 2008, the Basic Rent shall be Twenty Thousand Nine Hundred Ninety-Three Dollars ($20,993.00) per month.
Subject to the terms and conditions set forth in this Section, and provided that Licensee has complied with all terms and conditions of the License prior to the date of exercise; and, Licensee is not at the time of exercise in default under the License, the License shall automatically renew for additional five (5) year terms (“Renewal Term”) subject to Section 5 Rental Adjustments and continue until such time the License is terminated pursuant to Section 13.
More Definitions of RENTAL ADJUSTMENTS
RENTAL ADJUSTMENTS. The Lessee's "pro rata" share shall be deemed to be equal to eighteen point twenty one percent (18.21%) of the total rentable area of the Structure. It is understood and agreed that the rental amount shown in Section 1.03 (a) is based on the estimated cost of the building and inclusive of an estimated cost for utilities, taxes, insurance and janitorial services.
RENTAL ADJUSTMENTS. Commencing on the first day of the thirteenth (13th) month of the Lease Term, the Basic Rent shall be Six Thousand Three Hundred Five Dollars ($6,305.00) per month. Commencing on the first day of the twenty-fifth (25th) month of the Lease Term, the Basic Rent shall be Six Thousand Four Hundred Seventy-Five Dollars ($6,475.00) per month.
RENTAL ADJUSTMENTS. Commencing twelve (12) months following the Commencement Date, the Basic Rent shall be One Hundred Sixty-Two Thousand Two Dollars ($162,002.00) per month. Commencing twenty-four (24) months following the Commencement Date, the Basic Rent shall be One Hundred Sixty-Eight Thousand Seven Hundred Fifty-Three Dollars ($168,753.00) per month. Commencing thirty-six (36) months following the Commencement Date, the Basic Rent shall be One Hundred Seventy-Five Thousand Five Hundred Three Dollars ($175,503.00) per month. Commencing forty-eight (48) months following the Commencement Date, the Basic Rent shall be One Hundred Eighty-Two Thousand Two Hundred Fifty-Three Dollars ($182,253.00) per month. Commencing sixty (60) months following the Commencement Date, the Basic Rent shall be One Hundred Eighty-Nine Thousand Three Dollars ($189,003.00) per month. Commencing seventy-two (72) months following the Commencement Date, the Basic Rent shall be One Hundred Ninety-Five Thousand Seven Hundred Fifty-Three Dollars ($195,753.00) per month.
RENTAL ADJUSTMENTS. Commencing twelve (12) months following the Commencement Date, the Basic Rent shall be Forty-Nine Thousand Seven Hundred Eighty-Three Dollars ($49,783.00) per month. Commencing twenty-four (24) months following the Commencement Date, the Basic Rent shall be Fifty-One Thousand Three Hundred Ninety-Five Dollars ($51,395.00) per month. Commencing thirty-six (36) months following the Commencement Date, the Basic Rent shall be Fifty-Two Thousand Eight Hundred Six Dollars ($52,806.00) per month. Commencing forty-eight (48) months following the Commencement Date, the Basic Rent shall be Fifty-Four Thousand Four Hundred Nineteen Dollars ($54,419.00) per month.
RENTAL ADJUSTMENTS or a similar term is used in this Lease, it shall include the estimated Rental Adjustments and additional rent payments provided for in this Section.
RENTAL ADJUSTMENTS. Commencing twelve (12) months following the Commencement Date, the Basic Rent shall be Seventeen Thousand Nine Hundred Four Dollars ($17,904.00) per month. Commencing twenty-four (24) months following the Commencement Date, the Basic Rent shall be Eighteen Thousand Six Hundred Thirty-Two Dollars ($18,632.00) per month.