Adjustment to Rent. If part (but less than a substantial portion of the Premises as contemplated in Section 9.1) of the Premises is taken by any public authority under the power of eminent domain, then, on the date possession is required by such public authority, this Lease shall terminate as to the portion taken, and the Fixed Rent due hereunder shall be adjusted as follows:
(a) If part of either the Existing Building or Proposed Building which is included in the Premises is taken, then Fixed Rent shall be reduced on a square foot basis in proportion to the amount taken of such building which is taken.
(b) If no part of the Existing Building or Proposed Building is taken, but part of the land which is included in the Premises is taken, then Fixed Rent shall not be reduced or adjusted, unless said taking materially affects the tenant's use of the premises, in which case the fixed rent shall be reduced on a square foot basis in proportion to the amount of land taken.
Adjustment to Rent. Commencing on May 1, 1999 ("Rent Adjustment Date") and continuing thereafter on each subsequent anniversary of the Rent Adjustment Date during the Initial Term and each Extended Term, the Minimum Rent shall be increased (but never decreased) in an amount equal to the annual Minimum Rent payable under this Lease for the immediately preceding twelve (12) month period increased by one hundred fifty percent (150%) of the cumulative increase in the Consumer Price Index, published as the "CPI-U" Index by the Bureau of Labor Statistics of the Department of Labor, U.S. Cities Average, All Items (1982-84=100) in the manner calculated on the date of this Lease ("C.P.I.") from the date two (2) months prior to the immediately preceding Rent Adjustment Date (or in the case of the initial Rent Adjustment Date, the C.P.I. from March 1998) to the date two (2) months prior to then current Rent Adjustment Date. Notwithstanding the foregoing, in no event shall any INCREASE TO Minimum Rent in any Lease Year exceed two percent (2.0%) of the Minimum Rent (as adjusted) payable for the immediately preceding twelve (12) month period (or in the case of the initial Rent Adjustment Date, the increase, if any, to Minimum Rent in the first Lease Year shall not exceed $14,288.
Adjustment to Rent. In satisfaction of the adjustment provisions in Section 3.1(c) of the Lease, the minimum rental amount payable by Tenant under Section 3.1 of the Lease shall be reduced by $2,886.26 per month from the date of this Amendment until the end of the term of this Lease. Accordingly, the minimum rental amounts specified in Section 3.1(a) of the Lease shall be modified as follows: Month Minimum Rental ----- -------------- Amendment Date -- Month 36 $ 7,276.24 Months 37-48 8,292.49 Months 49-60 (expiration) 10,324.99 If the date of this Amendment is other than the first day of a calendar month, minimum rental for the partial calendar month following the date of this Amendment shall be prorated based on the number of days during such partial calendar month. After giving effect to the rental adjustment provided in this Paragraph 2, the terms of Section 3.1(c) of the Lease shall be of no further force or effect.
Adjustment to Rent. To provide an equitable adjustment of rent to offset the effects of inflation, the annual rental shall be adjusted at the end of each five year anniversary of the commencement date of this Lease, the adjustment to be determined by the Index (as defined below) published closest, but prior to, the first month of the first year of the Lease term (the "Base Index") and every fifth year of the term (the "Subsequent Index") in accordance with changes in the Consumer Price Index for all Urban Consumers for the Seattle/Tacoma area on the 1982 - 84 = 100 base published by the Bureau of Labor Statistics, U.S. Department of Labor (the "the Index") using the procedures set forth in Section 4.3 below. If the Index is discontinued or revised during the term, such other government index or computation with which it is replaced by the Bureau shall be used in order to obtain substantially the same result as would be obtained if the Index had not been discontinued or raised, and if the Index is not so replaced, LESSOR shall adopt a substitute index or substitute procedure which reasonably reflects changes in the purchasing power of the U.S. dollar.
Adjustment to Rent. In the event of a material increase in the volume of business conducted by Sublessee at the Subleased Premises as a result of new clients and/or contracts or a material increase in business from existing clients, the Rent and Sublessee’s proportionate share of Utilities and maintenance costs shall be increased in proportion to the percentage increase in the volume of Sublessee’s business at the Subleased Premises and the parties shall negotiate in good faith in an effort to determine the appropriate increase in Rent.
Adjustment to Rent. As inducement to enter into this lease and as long as Tenant is not in default, Tenant’s obligation to pay Rent shall be abated for the period October 1, 2014 through February 1, 2015.
Adjustment to Rent. (a) As used in this paragraph, the fiscal year of this lease shall be considered as commencing on the first day of the first full calendar month of the lease term, disregarding any partial month at the commencement of this lease. The parties hereto accordingly agree that the minimum monthly rental shall be effective during the first fiscal year of this lease. At the commencement of the second fiscal year of this lease, and at the commencement of each fiscal year of this lease thereafter during the lease term or any renewal, Lessee shall add and pay to Lessor, in addition to the rental set out in Paragraph 3 above, and as rent, an amount equal to the product of such rent multiplied by 4 percent (4%). Any adjustment hereunder shall be paid monthly in advance for each month during the fiscal year for which such adjustment is applicable. Refer to Exhibit “D” for yearly rate adjustments attached hereto and made a part hereof for all purposes.
Adjustment to Rent. The minimum monthly rent provided for in Section 4.1 shall be subject to adjustment as of start of the second year and every year thereafter, either via a fixed minimum 3% increase or via an amount derived from a reevaluation which may occur at Landlord’s option per Section
Adjustment to Rent. (RENTAL TAX): Tenant shall pay an excise, transaction, sales, business or privilege tax (except income tax) attributed to or measured by rental which is now or subsequently imposed upon Landlord by any government or unit thereof.
Adjustment to Rent. If Lessee shall not cancel the Lease as provided in Section 18(a) above, this Lease shall not terminate, but the Rent for the Premises shall be reduced, in proportion to the value of the Premises before the taking bears to the value of the Premises after the taking, as of the date when title shall vest in the appropriate authority.
