Adjusted Base Rent a. The Base Rent (and the corresponding Monthly Installments of Base Rent) set forth at Section 2a shall be adjusted annually (the "Adjustment Date"), commencing on Tenant's First Adjustment Date. Adjustments, if any, shall be based upon increases (if any) in the Index. The Index in publication three (3) months before the Commencement Date shall be the "Base Index." The Index in publication three (3) months before each Adjustment Date shall be the "Comparison Index." As of each Adjustment Date, the Base Rent payable during the ensuring twelve-month period shall be determined by increasing the initial Base Rent by a percentage equal to the percentage increase, if any, in the Comparison Index over the Base Index. If the Comparison Index for any Adjustment Date is equal to or less than the Comparison Index for the preceding Adjustment Date (or the Base Index, in the case of First Adjustment Date), the Base Rent for the ensuing twelve-month period shall remain the amount of Base Rent payable during the preceding twelve-month period. When the Base Rent payable as of each Adjustment Date is determined, Landlord shall promptly give Tenant written notice of such adjusted Base Rent and the manner in which it was computed. The Base Rent as so adjusted from time to time shall be the "Base Rent" for all purposes under this Lease.
Adjusted Base Rent. Intentionally deleted.
Adjusted Base Rent. At the beginning of Lease Year 2 and each successive Lease Year thereafter, the rent shall be increased by the greater of (i) three percent (3%) over the prior Lease Year, or (ii) an amount determined by multiplying the rent paid during the prior rent period by a fraction, the denominator of which shall be the Consumer Price Index (“CPI” as defined below) for the first month of the prior Lease Year and the numerator of which shall be the same CPI for the first month of the current Lease Year. Notwithstanding anything herein to the contrary, the adjusted rent amount determined hereunder shall never be less than the rent amount paid during the immediately preceding Lease Year. The term “CPI” means the Consumer Price Index - U.S. City Averages for All Urban Consumers - All Items (1982-84 = 100), of the United States Bureau of Labor Statistics. If the Bureau of Labor Statistics revises the manner in which such CPI is determined, Lessor may adjust the revised index to produce results equivalent, as nearly as possible, to those which would have been obtained if the CPl had not been so revised. If the 1982-84 average shall no longer be used as an index of 100, such change shall constitute a revision. If the CPI shall become unavailable to the public because publication is discontinued, or otherwise, Lessor will substitute therefor, a comparable index based upon changes in the cost of living or purchasing power of the consumer dollar published by any other governmental agency or, if no such index shall be available then a comparable index published by a major bank or other financial institution.
Adjusted Base Rent. (SEE SECTION 2j.) .
Adjusted Base Rent. (see exhibit B)
Adjusted Base Rent. As of the Effective Date, Section 2.1 of the Lease is ------------------- hereby amended so that the monthly Adjusted Base Rent shall be added for the premises and shall be as follows:
Adjusted Base Rent. Commencing on August 27, 2019 and every twelve months thereafter (each a “Rent Adjustment Date”) the Base Rent for the Premises, shall be increased by an amount equal to three percent (3%) of the then applicable Base Rent.
Adjusted Base Rent. Tenant's possession of the leased premises during each Renewal Term, if any, shall be under and subject to all of the terms, covenants and conditions set forth in this Lease, with the exception that the annual base rent for each Renewal Term shall be adjusted as follows:
Adjusted Base Rent. The Base Rent of $138,804.00 per year (and the corresponding Monthly Installments of Base Rent) set forth at Section 2a shall be adjusted annually (the "Adjustment Date"), commencing on Tenant's First Adjustment Date (See Article 36). Adjustments will be based at a rate of three percent (3.0%) per year. Upon lease execution, Landlord shall prepare a schedule of rents for the lease term and the option term for the purpose of establishing future base rental rates. Landlord Landlord Tenant Tenant
