Adjustment in Base Rental Sample Clauses

Adjustment in Base Rental. Base Rental under the Lease shall be adjusted (and Tenant hereby agrees to pay to Landlord such adjusted Base Rental) as of the Expansion Space Delivery Date. Base Rental for the Rentable Area of the Premises shall be based on the following schedule: Time Periods Monthly Base Rental For Total Space* Based on Annual Rental Rate per RSF First full month following the Expansion Space Delivery Date to 7/31/2007 $33,271.00 + electric $ 17.74 08/01/2007 to 7/31/2008 $38,257.71 + electric $ 20.40 08/01/2008 to 7/31/2009 $39,458.29 + electric $ 21.04 08/01/2009 to 10/31/2009 $39,795.71 + electric $ 21.22 11/01/2009 to 12/31/2011 $42,196.88 + electric $ 22.50 * Total Space = the Existing Space + the Expansion Space If the Expansion Space Delivery Date occurs on a date that is not the first day of the calendar month, the Base Rental under the Lease for the calendar month in which the Expansion Space Delivery Date occurs shall be increased to cover the Expansion Space and the 183 rentable square foot addition in Suite 260, by multiplying $353.42 per day times the number of days remaining in such calendar month.
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Adjustment in Base Rental. Base Rental under the Lease shall be adjusted (and Tenant hereby agrees to pay to Landlord such adjusted Base Rental) as follows:
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Adjustment in Base Rental. From and after the Expansion Commencement Date (as defined below), in addition to the Base Rental provided for in the Original Lease, Tenant shall also pay Base Rental for the fifth floor and the sixth floor as follows: Page 1 of 15 Assignment, Assumption And First Amendment To Office Lease Agreement 12/31/2012 Fifth Floor Base Rental Lease Months Annual Base Rental Rate Per RSF Annual Base Rental [based on 24,907 RSF] Monthly Installments Additional Charge to Base Rental Expansion Commencement Date to March 31, 2015* $19.50 $485,686.50 $40,473.88 + Electricity April 1, 2015 to October 31, 2017 $20.70 $515,574.90 $42,964.58 +Electricity November 1, 2017 to February 28, 2020 $21.90 $545,463.30 $45,455.28 +Electricity March 1, 2020 to May 31, 2020 $0.00 $0.00 $0.00 +Electricity June 1, 2020 to May 31, 2022 $23.10 $575,351.70 $47,945.98 +Electricity June 1, 2022 to May 31, 2023 $24.30 $605,240.10 $50,436.68 +Electricity Sixth Floor Base Rental Lease Months Annual Base Rental Rate Per RSF Annual Base Rental [based on 24,907 RSF] Monthly Installments Additional Charge to Base Rental Expansion Commencement Date to April 30, 2014* $12.71 $316,567.97 $26,380.66 + Electricity May 1, 2014 to June 30, 2015 $21.00 $523,047.00 $43,587.25 +Electricity July 1, 2015 to October 31, 2017 $22.20 $552,935.40 $46,077.95 +Electricity November 1, 2017 to February 28, 2020 $23.40 $582,823.80 $48,568.65 +Electricity March 1, 2020 to May 31, 2022 $24.60 $612,712.20 $51,059.35 +Electricity June 1, 2022 to May 31, 2023 $25.80 $642,600.60 $53,550.05 +Electricity Tenant agrees to pay to Landlord the additional Base Rental and electricity described above as otherwise provided in the Lease.
Sample 1
Adjustment in Base Rental. From and after Expansion Commencement Date, in addition to Base Rental provided for in the Lease, Tenant shall also pay Base Rental for 12th Floor Expansion Space and / or 13th Floor Expansion Space as follows:
Sample 1
Adjustment in Base Rental. From and after 2/2013 Commencement Date, in addition to Base Rental provided for in the Lease, Tenant shall also pay Base Rental for 12th Floor Expansion Space and Electricity, as follows: Lease Months [commencing February 1, 2013] Annual Base Rental Rate Per RSF Annual Base Rental Monthly Installments Additional Charge to Base Rental 1 through 23 $19.50 $284,875.50 $23,739.63 +Electricity 24 through 32 $0.00 $0.00 $0.00 +Electricity 33 through 41 $19.50 $284,875.50 $23,739.63 +Electricity 42 through 71 $21.50 $314,093.50 $26,174.46 +Electricity 72 through 101 $23.50 $343,311.50 $28,609.28 +Electricity 102 through 132 $25.50 $372,529.50 $31,044.13 +Electricity Tenant agrees to pay to Landlord the additional Base Rental and electricity described above as otherwise provided in the Lease.
Sample 1
Adjustment in Base Rental. From and after the Expansion Commencement Date (as defined below), in addition to the Base Rental provided for in the Lease, Tenant shall also pay Base Rental for the Expansion Space as follows Lease Months Annual Base Rental Rate Per RSF Annual Base Rental [based on 24,907 RSF] Monthly Installments Additional Charge to Base Rental April 1, 2014-April 30, 2014 $12.71 N/A $26,380.66 + Electricity May 1, 2014 to June 30, 2015 $21.00 $523,047.00 $43,587.25 +Electricity July 1, 2015 to October 31, 2017 $22.20 $552,935.40 $46,077.95 +Electricity November 1, 2017 to February 29, 2020 $23.40 $582,823.80 $48,568.65 +Electricity March 1, 2020 to May 31, 2022 $24.60 $612,712.20 $51,059.35 +Electricity June 1, 2022 to May 31, 2023 $25.80 $642,600.60 $53,550.05 +Electricity Tenant agrees to pay to Landlord the additional Base Rental and electricity described above in the same manner, on same the dates and subject to the same terms as Base Rental provided in the Lease.
Sample 1

Related to Adjustment in Base Rental

  • Base Rent Adjustment (a) The BASE RENT (subject to adjustment as set forth in Section 1.08(a) above) payable during the EXTENDED TERM, subject to the provisions of part (b) of this Section 3.03, shall be increased from the BASE RENT payable immediately prior to the first month of the EXTENDED TERM to the then fair market rental rate determined in connection with part (b) of this Section 3.03.

  • Adjustments to the Purchase Price The Purchase Price shall be adjusted as of the Closing Date by:

  • Adjustment of Rent Lessee and Lessor agree that the payments and allocations of Basic Rent, Stipulated Loss Values, Stipulated Loss Amounts, Termination Values and Termination Amount percentages and the Early Purchase Price shall be adjusted to the extent provided in Section 2.6 of the Participation Agreement.

  • Adjustments to Purchase Price The Purchase Price shall be adjusted as follows:

  • Rent Adjustment (a) If, solely as a result of Congressional enactment of any law (including, without limitation, any modification of, or amendment or addition to, the Internal Revenue Code of 1986, as amended, ("Code")), the maximum effective corporate income tax rate (exclusive of any minimum tax rate) for calendar-year taxpayers ("Effective Rate") is higher than thirty-five percent (35%) for any year during the lease term, then Lessor shall have the right to increase such rent payments by requiring payment of a single additional sum. The additional sum shall be equal to the product of (i) the Effective Rate (expressed as a decimal) for such year less .35 (or, in the event that any adjustment has been made hereunder for any previous year, the Effective Rate (expressed as a decimal) used in calculating the next previous adjustment) times (ii) the adjusted Termination Value (defined below), divided by (iii) the difference between the new Effective Rate (expressed as a decimal) and one (1). The adjusted Termination Value shall be the Termination Value (calculated as of the first rent due in the year for which the adjustment is being made) minus the Tax Benefits that would be allowable under Section 168 of the Code (as of the first day of the year for which such adjustment is being made and all future years of the lease term). The Termination Values and Tax Benefits are defined on the Schedule. Lessee shall pay to Lessor the full amount of the additional rent payment on the later of (i) receipt of notice or (ii) the first day of the year for which such adjustment is being made.

  • Base Rent Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Monthly Base Rent On each Due Date, each Lessee shall pay to the Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Vehicles that were leased by such Lessee under this Operating Lease on any day during the Related Month;

  • Rental Adjustment The lesser of (i) 2.00%, or (ii) 1.25 times the change in the Price Index, as described in Section 4.02.

  • Adjustment to Purchase Price All indemnification payments pursuant to this Article IX shall be deemed to be adjustments to the Purchase Price.

  • Base Rental (a) Lessee hereby agrees to pay to Lessor, without setoff or deduction whatsoever, a monthly installment of $3,284.00. Lessee shall also pay, as additional rent, all such other sums of money as shall become due from and payable by Lessee to Lessor under this Lease (Base Rental, any adjustment thereto pursuant to Section 4 hereof, and all such other sums of money due from and payable by Lessee pursuant to this Lease are sometimes hereinafter collectively called "rent"), for the nonpayment of which Lessor shall be entitled to exercise all such rights and remedies as are herein provided in the case of the nonpayment of Base Rental. The Base Rental, together with any adjustment or increase thereto then in effect, shall be due and payable in advance in twelve (12) equal installments on the first (lst) day of each calendar month during the term of this Lease, and Lessee hereby agrees so to pay such Base Rental and any adjustment or increase thereto to Lessor at Lessor's address provided herein (or such other address as may be designated by Lessor in writing from time to time) monthly, in advance, and without demand. If the term of this Lease commences on a day other than the first (lst) day of a month or terminates on a day other than the last day of a month, then the installments of Base Rental and any adjustments thereto for such month or months shall be prorated, and the installment or installments so prorated shall be paid in advance.

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