Common use of Adjustment to Minimum Monthly Rent Clause in Contracts

Adjustment to Minimum Monthly Rent. (Section 3.1) The Minimum Monthly Rent shall be increased by three percent (3%) on the first (1st) day of March 2016, and on the first (1st) day of March annually thereafter.

Appears in 2 contracts

Samples: Multi Purpose Commercial Building Lease (Sientra, Inc.), Multi Purpose Commercial Building Lease (Sientra, Inc.)

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Adjustment to Minimum Monthly Rent. (Section 3.1) The Minimum Monthly Rent for the total Premises shall be increased by three percent (3%) on the first (1st) day of March 2016December 1, 2016 and on the first (1st) day of March December annually thereafter.

Appears in 1 contract

Samples: Multi Tenant Industrial Lease (Appfolio Inc)

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Adjustment to Minimum Monthly Rent. (Section 3.1) The Minimum Monthly Rent shall To be increased by three percent (3%) on the first (1st) day of March 2016the fifteenth (15th) full calendar month following the Commencement Date, and on the first annually thereafter by three percent (1st) day of March annually thereafter3%).

Appears in 1 contract

Samples: Multi Tenant Industrial Lease (Resonant Inc)

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