Adjustment of Base Rental. (a) To the extent any Reimbursement Obligation or accrued interest thereon has not been paid as and when due or any deferred Excess Interest remains unpaid, following the Termination Date and for so long thereafter as any Reimbursement Obligations remain unpaid, the County and the Corporation shall increase the amount of the Base Rental payable under the Sublease for the Property to the greater of (i) the Maximum Base Rental for the Property or (ii) the maximum fair rental value of the Property determined in accordance with subsection (b) below.
Adjustment of Base Rental. The Base Rent shall be adjusted downward, effective July 1, 2002, to reflect the reduction in the Premises.
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Adjustment of Base Rental. Pursuant to Paragraph 4.1, the following amounts shall be added to the base rent payable under the Lease.
Adjustment of Base Rental. The Base Rental payable pursuant to this Lease shall be adjusted upward from time to time in accordance with the following provisions:
Adjustment of Base Rental. (a) To the extent any Reimbursement Obligation or accrued interest thereon has not been paid as and when due or any deferred Excess Interest remains unpaid, following the Termination Date and for so long thereafter as any Reimbursement Obligations remain unpaid, the City and the Corporation shall increase the amount of the Base Rental payable under the Project Lease for the Project to the maximum fair rental value of the Project determined in accordance with subsection (b) below.
Adjustment of Base Rental. (A) On October 1, 2019, and each three (3) year anniversary thereof (each such date, an “Adjustment Date”), the then current Base Rental shall be adjusted in accordance with the provisions of this Section. The new Base Rental shall be determined by an appraisal obtained by County, which shall set forth the fair market rental for the Property (exclusive of the Tenant Improvements). The appraisal shall be performed, at County’s sole cost and expense, by a qualified appraiser selected by County. County shall notify Tenant in writing of the fair market rental of the Property as established by the appraisal, which shall become the new Base Rental subject to the limitations set forth in Section 5.04(B) below. Tenant shall commence paying the new Base Rental on the Adjustment Date. The new Base Rental shall not be less than the Base Rental for the prior period. This Lease shall automatically be considered as amended to reflect the new Base Rental rate, without formal amendment hereto, upon County’s written notification of the establishment of the new Base Rental rate applicable to the Property.
Adjustment of Base Rental. Commencing 12 months from the Commencement Date of this Lease, Sublessee shall pay to Sublessor its pro rata share of Operating Expenses, as calculated in accordance with Article 4 of the Master Lease, except that Section 1(I) of the Master Lease is hereby amended to read, "The aggregate of Operating Expenses incurred in connection with the Building during calendar year 2003" anal the year referenced in Section 4(a) shall be changed to read "2004."
Adjustment of Base Rental. The base rental shall be adjusted at the times and in the manner as follows:
Adjustment of Base Rental. 4 5. Electricity .....................................................................................6
