ADJUSTMENTS TO MONTHLY BASE RENT Sample Clauses

ADJUSTMENTS TO MONTHLY BASE RENT. Effective as of each Adjustment Date, Monthly Base Rent shall be increased by an amount equal to one-twelfth (1/12) of the product of:
Sample 1
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ADJUSTMENTS TO MONTHLY BASE RENT. Monthly Base Rent shall be increased effective on and after each Adjustment Date to and including the day immediately preceding the following Adjustment Date by an amount equal to one twelfth (1/12th) of the sum of:
Sample 1
ADJUSTMENTS TO MONTHLY BASE RENT. A. Tenant shall pay Monthly Base Rent during the Term, as follows: Period Monthly Base Rent September 1, 1996-August 31, 1997 $ 34,152.73 September 1, 1997-August 31, 1998 $ 35,177.31 September 1, 1998-August 31, 1999 $ 36,232.63 September 1, 1999-August 31, 2000 $ 37,319.61 September 1, 2000-August 31, 2001 $ 38,439.20 September 1, 2001-August 31, 2002 $ 39,592.37 September 1, 2002-August 31, 2003 $ 40,780.15 September 1, 2003-August 31, 2004 $ 42,003.55 September 1, 2004-August 31, 2005 $ 43,263.66 September 1, 2005-August 31, 2006 $ 44,561.57
Sample 1
ADJUSTMENTS TO MONTHLY BASE RENT. 21.01 DEFINITIONS For the purposes of this article 21, the following words and phrases shall have the following meanings: A. "
Sample 1
ADJUSTMENTS TO MONTHLY BASE RENT. Tenant shall continue to pay all adjustments to Monthly Base Rent under Article 22 of the Lease during and for the entire Extension Term continuing to use a Tenant's Proportionate Share of 20.00%, except, that effective as of February 1, 2000, the base year under subsections 22.02(1), 22.02(2) and 22.07 of the Lease shall be changed to the calendar year of 2000 (but Tenant shall continue to pay when due under Article 22 of the Lease, all adjustments and readjustments to Monthly Base Rent owing through January 31, 2000 using a base year of 1998).
Sample 1
ADJUSTMENTS TO MONTHLY BASE RENT. Effective as of the Commencement Date of Term and as of each Adjustment Date, Monthly Base Rent shall be increased by an amount equal to 1/12 of the sum of: (i) The product of the rentable area of the Premises (as specified in Subsection 1.01I), multiplied by the amount by which the Per Square Foot Operating Expenses for the Adjustment Year in which such Adjustment Date falls exceeds the Base Operating Expenses, specified in Subsection 1.01K herein, plus (ii) a sum equal to 25% of the Monthly Base Rent multiplied by the percentage increase, it any, in the Consumer Price Index on the Adjustment Date over the Consumer Price Index on January 1 of the year in which the Term commences (or January 1, 1985 if the term of this Lease commences in 1984 in which event the adjustment to Monthly Base Rent for 1986 on account of an increase in the Consumer Price Index will also include 25% of the Monthly Base Rent payable in 1984 multiplied by the percentage increase, if any, in the Consumer Price Index on January 1, 1985 over the Consumer Price Index on January 1, 1984.) The rental as computed hereunder including adjustments for projections under Section 4.03 hereinbelow shall be referred to as Adjusted Monthly Base Rent. The Adjusted Monthly Base Rent shall never be less than the Monthly Base Rent specified in Subsection l.01H herein. For purposes of computing adjustments to Monthly Base Rent pursuant to Subparagraph (ii) of this Paragraph 4.02, only the Monthly Base Rent as specified in Section l.01H shall be taken into account for purposes of such adjustment without including any other item which could be characterized as "Rent." Notwithstanding anything herein contained to the contrary, Monthly Base Rent will not be adjusted for the first full year of the term after the obligation to pay rent commences hereunder on account of an increase in the Consumer Price Index.
Sample 1
ADJUSTMENTS TO MONTHLY BASE RENT. Throughout the Term, Tenant shall pay with each payment of Monthly Base Rent, as additional Rent, a portion of Operating Costs for the Complex. Tenant's share of Operating Costs shall be determined on the Commencement Date and on each Adjustment Date by multiplying the Rentable Area of the Premises by the Per Square Foot Operating Costs for the Adjustment Year in which such Commencement Date or Adjustment Date occurs (based on Landlord's Projections pursuant to 22.03, and subject to adjustment pursuant to 22.04). Monthly installments of Tenant's share of Operating Costs, as provided above, shall be 1/12th of the annual amount.
Sample 1
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Related to ADJUSTMENTS TO MONTHLY BASE RENT

  • 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;

  • Base Monthly Rent Commencing on the Commencement Date and continuing throughout the Lease Term, Tenant shall pay to Landlord the Base Monthly Rent set forth in Section K of the Summary.

  • Annual Base Rent Except as otherwise provided in this Lease, in the event of a default by Landlord, Tenant shall be entitled to any remedies available at law or in equity except for the right to terminate or rescind the Lease. It is expressly understood and agreed to between the parties that except as specifically provided in this Lease, Tenant expressly, knowingly, and voluntarily waives any right, claim, or remedy otherwise available to Tenant to terminate or rescind this Lease as a result of Landlord's default as to any covenant or agreement contained in this Lease or as a result of the breach of any promise or inducement allegedly made on behalf of Landlord, whether in this Lease or elsewhere. No act or omission of Landlord or its agents shall constitute an actual or constructive eviction of Tenant unless Landlord shall have first received written notice of Tenant's claim and shall have failed to cure it after having been afforded a reasonable time to do so, which in no event shall be less than thirty (30) days. Notwithstanding anything in this Lease to the contrary, Landlord shall never be liable to Tenant in the event of a default by Landlord or otherwise under any provision of this Lease for any loss of business or profits or other consequential damages or for punitive or special damages of any kind. None of Landlord's officers, members, managers, employees, agents, directors, shareholders, or partners shall ever have any personal liability to Tenant under or in connection with this Lease. Tenant shall look solely to Landlord's estate and interest in the Office Center for the satisfaction of any right or remedy of Tenant under this Lease, or for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord, it being intended that there will be absolutely no personal liability on the part of Landlord, and no other property or assets of Landlord or its principals shall be subject to levy, execution, or other enforcement procedure for the satisfaction of Tenant's rights or remedies under this Lease, the relationship of Landlord and Tenant under this Lease, Tenant's use and occupancy of the Premises, or any other liability of Landlord to Tenant of whatever kind or nature, this exculpation of liability to be absolute and without exception whatsoever.

  • 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 Rent The rent payable pursuant to Paragraph 5.A., as adjusted from time to time pursuant to the terms of this Lease.

  • 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.

  • Minimum Monthly Rent 3.1.1 Tenant agrees to pay to Landlord a Minimum Monthly Rent, initially in the amount set forth in the Basic Provisions, during each month of the Term of this Lease. Minimum Monthly Rent for a period constituting less than a full month shall be prorated on the basis of a thirty (30)-day month.

  • Rent Adjustments 4.1 For the purpose of this Article 4, the following terms are defined as follows:

  • 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.

  • Base Rent Lessee shall pay Base Rent and other rent or charges, as the same may be adjusted from time to time, to Lessor in lawful money of the United States, without offset or deduction, on or before the day on which it is due under the terms of this Lease. Base Rent and all other rent and charges for any period during the term hereof which is for less than one full month shall be prorated based upon the actual number of days of the month involved. Payment of Base Rent and other charges shall be made to Lessor at its address stated herein or to such other persons or at such other addresses as Lessor may from time to time designate in writing to Lessee.

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