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.
Adjustment of Rent. 2.1 Any error or mis-statement as to the description of the land and/or floor area of the Premises in Schedule 1 of this Agreement shall not invalidate this Agreement or entitle the Tenant to be discharged from it. The Parties shall have the right to an adjustment of the Rent payable under this Agreement in the manner as provided in this paragraph 2.
Adjustment of Rent. 2 Section 3.5
Adjustment of Rent. If a portion of the Premises is taken and Landlord does not elect to terminate this Lease pursuant to the preceding paragraph, then Rent shall be equitably adjusted as of the date title vests in the authority and this Lease shall otherwise continue in full force and effect.
Adjustment of Rent. If applicable, sums paid by the Tenant under this Section 3 shall be subject to adjustment to reflect any partial billing periods encountered at the commencement or termination of this Lease.
Adjustment of Rent. In the event of a partial taking that does not result in a termination of this Lease as to the entire Premises, Base Rent and Additional Rent shall be equitably adjusted in relation to the portions of the Premises and Building taken or rendered unusable by such taking.
Adjustment of Rent. If a casualty renders all or part of the Premises untenantable, Rent shall proportionately xxxxx commencing on the date of the casualty and ending when the Premises are delivered to Tenant with Landlord’s restoration obligation substantially complete. The extent of the abatement shall be based upon the portion of the Premises rendered untenantable, inaccessible or unfit for use in a reasonable business manner for the purposes stated in this Lease.
Adjustment of Rent. 2.1 The Parties accept the Floor Area as stipulated in paragraph 1.1 of Schedule 1 for the purposes of this Agreement, and any inaccuracy, error or mis-statement as to the description of the Floor Area of the Premises shall not invalidate this Agreement or entitle the Tenant to be discharged from it. The Parties shall have the right to an adjustment of the Rent payable Tenant to initial under this Agreement arising from any such inaccuracy, error or mis-statement as to the description of the Floor Area only in the manner as provided in this paragraph 2 and in no other manner whatsoever.
Adjustment of Rent. If an option to renew is exercised pursuant to Paragraph 19, below, the Rent may be increased cumulatively by the annual increase in the CPI, as calculated in accordance with this paragraph. For the purposes herein, “CPI” means the CONSUMER PRICE INDEX for all Urban Consumers (All Items U.S. City Average 1982-84 equals 100), published by the Bureau of Labor Statistics, United States Department of Labor. For the purposes of determining the annual increase in the CPI, subtract one from the fraction whose denominator is the monthly CPI number for February of the calendar year prior to the calendar year that the determination of the annual increase in the CPI is being made, and whose numerator is the corresponding monthly CPI number for February of the calendar year in which the determination of the annual increase in the CPI is being made. By way of example and not as a limitation, if the monthly CPI number for February 2016 were 230 (denominator) and the monthly CPI number for February 2017 were 237 (numerator), then one subtracted from the fraction would mean an annual increase in the CPI of 3.04%. Thereafter, the annual increase in the CPI for each twelve-month renewal period of this Lease will be computed in a like manner. In the event that CPI is terminated or unavailable for any reason, the calculation will be made by using the successor index or the one most nearly comparable to it.
Adjustment of Rent. Rent must be apportioned between the Vendor and the Purchaser in the following manner:
