Adjustments to Monthly Rent. The Monthly Rent may be adjusted at any time during the Term in accordance with the provisions of Paragraph 2.1.1 of Exhibit D to the Build to Suit Agreement. In addition, the Monthly Rent shall be increased, but not decreased, as of the first day of the month which is twenty-five (25) months from the Commencement Date and every twenty-four (24) months thereafter during the Term (including without limitation the Extended Term) (each, an "Adjustment Date") by the greater of (i) the percentage increase in the Index from the previous Adjustment Date (or, for the first Adjustment Date, from the Commencement Date), up to a maximum of sixteen percent (16%), or (ii) seven percent (7%). If, however, the last Adjustment Date occurs at any time after the first day of a calendar month, the first Adjustment Date shall be the first day of the immediately following calendar month. On each Adjustment Date, the total aggregate amount of Monthly Rent then in effect shall be multiplied by the greater of (x) the lesser of (A) a fraction, the numerator of which is the Index published most recently before the applicable Adjustment Date, and the denominator of which is the Index published most recently before the prior Adjustment Date (or, in the case of the first Adjustment Date, the Index published most recently before the Commencement Date), or (B) one hundred sixteen percent (116%), or (y) one hundred seven percent (107%); and the corresponding product shall be the Monthly Rent in effect until the next Adjustment Date. In no event shall the Monthly Rent in effect after an Adjustment Date be less than one hundred seven percent (107%) of the Monthly Rent in effect immediately prior to such Adjustment Date. If no Index is published for either of the months set forth above, the Index for the next preceding month shall be used.
Adjustments to Monthly Rent. The Monthly Rent shall be adjusted as of the first day of the thirteen (13th) month of the term and every twelve (12) months thereafter (each, an "Adjustment Date") by the percentage increase in the Consumer Price Index, All Urban Consumers, All Items, published by the U.S. Department of Labor, Bureau of Labor Statistics for the San Francisco-Oakland-San Xxxx Metropolitan Area (1982-84=100) (the "Index"). The Index published for the month immediately preceding each Adjustment Date shall be compared with the Index published for the month immediately preceding the prior Adjustment Date, or in case of the first Adjustment Date, the Index published for the month immediately preceding the Commencement Date, to determine the percentage increase in the Monthly Rent for the next twelve (12) months of the term; provided, however, that in no event shall the Monthly Rent increase by less than three percent (3%) per annum nor more than eight percent (8%) per annum. If no Index is published for either of the months set forth above, the Index for the next preceding month shall be used. If the base of the Index is revised, the Index increases, if any, shall be calculated with a common base year. If the Index is discontinued or revised, such other governmental index with which it is replaced, with appropriate conversion factors, shall be the basis of the adjustment.
Adjustments to Monthly Rent. The initial Monthly Rent payable by all Coops shall be increased on each anniversary of the Adjustment Date (“Anniversary Date”), as defined below in subparagraph (2) of this Section, to reflect any increase in the cost of living, which adjustment shall be determined as follows:
Adjustments to Monthly Rent. The Monthly Rent payable by Tenant under the Lease during the Term shall be as follows: Months Monthly Rent ------ ------------ 01 - 12 $12,880.00 per month 13 - 24 $13,395.20 per month 25 - 36 $13,931.00 per month 37 - 48 $14,488.25 per month 49 - 60 $15,067.77 per month
Adjustments to Monthly Rent. The Monthly Rent shall be increased, but not decreased, as of the first day of the month that is thirteen (13) months from the Commencement Date and each and every anniversary of such date occurring thereafter during the Term (including without limitation the Extended Term) (each, an "ADJUSTMENT DATE") by the greater of (i) the percentage increase in the Index from the previous Adjustment Date (or, for the first Adjustment Date, from the Commencement Date), up to a maximum of six percent (6%), or (ii) three and five-tenth percent (3.5%). If, however, the last Adjustment Date occurs at any time after the first day of a calendar month, the first Adjustment Date shall be the first day of the immediately following calendar month. On each Adjustment Date, the total aggregate amount of Monthly Rent then in effect shall be multiplied by the greater of (x) the lesser of (A) a fraction, the numerator of which is the Index published most recently before the applicable Adjustment Date, and the denominator of which is the Index published most recently before the prior Adjustment Date (or, in the case of the first Adjustment Date, the Index published most recently before the Commencement Date), or (B) one hundred six percent (106%), or
Adjustments to Monthly Rent. The Monthly Rent shall bc adjusted ~q of the first day of the 13th month of the Term and every twelve (12) months thereafter (each, an "Adjustment Date") by the percentage increase in the Consumer Price Index, All Urban Consumers, All Items, published by the U.S. Department of Labor, Bureau of Labor Statistics for the San Francisco-Oakland-San Xxxx Metropolitan Area (1982-84=100) (the "Index"). The Index published for the month immediately preceding each Adjustment Date (the "Current Index") shall be compared with the Index published for the month immediately preceding the Commencement Date (the "Beginning Index"), to determine the percentage increase in the Monthly Rent for the next twelve (12) months of the Term. The Monthly Rent for any such period (the "Current Monthly Rent") shall be determined by multiplying the Monthly Rent for the first twelve (12) months of the Term ("Initial Monthly Rent") by the ratio of the Current Index to the Beginning Index; provided, however, that in no event shall the Monthly Rent for any year increase by more than three percent (3%) over the Monthly Rent for the preceding year (the "Previous Monthly Rent"). Thus, the Current Monthly Rent shall be determined by the following calculations: Current Monthly Rent = Initial Monthly Rent x (Current Index / Beginning Index) provided that Current Monthly Rent = Previous Monthly Rent x 103%. If no Index is published for either of the months set forth above, the Index for the next preceding month shall be used. If the base of the Index is revised, the Index increases, if any, shall be calculated with a common base year. If the Index is discontinued or revised, such other governmental index with which it is replaced, with appropriate conversion factors, shall be the basis of the adjustment.
Adjustments to Monthly Rent. Rental payments during the Initial Lease Term are based upon a Monthly Rental Factor of , subject to adjustment as described below. The actual Monthly Rental Factor will be indexed to the yield for U.S. Treasury Notes maturing closest to the date which is one (1) year from the Commencement Date of this Schedule (the “Index Instrument”). The yield of the Index Instrument is currently % for the % Treasury Notes maturing in as reported in The Wall Street Journal on , 2000. The Monthly Rental Factor shall be adjusted by Lessor to provide for any increase in the yield of the Index Instrument on the Commencement Date of this Schedule. At the Commencement Date of this Schedule, the Monthly Rental Factor (as adjusted) shall be fixed for the Initial Term of this Schedule.
Adjustments to Monthly Rent. The Monthly Rent shall be increased, but not decreased, as of the first day of the month that is thirteen (13) months from the Commencement Date and each and every anniversary of such date occurring thereafter during the Term (including without limitation the Extended Term) (each, an "ADJUSTMENT DATE") by three and one-fourth percent (3.25%). If, however, the last Adjustment Date occurs at any time after the first day of a calendar month, the first Adjustment Date shall be the first day of the immediately following calendar month. On each Adjustment Date, the total aggregate amount of Monthly Rent then in effect shall be multiplied by one hundred three and one fourth percent (103.25%); and the corresponding product shall be the Monthly Rent in effect until the next Adjustment Date.
Adjustments to Monthly Rent. The monthly rent provided for in paragraph 4(a) shall be increase as follows:
Adjustments to Monthly Rent. The Monthly Rent during the Extension shall be further increased, effective on the first (1st) day of the month of the annual anniversary of the date of the commencement of the Extension (each hereinafter referred to as a "CPI Adjustment Date"), by the percentage increase, if any, in the Consumer Price Index, Urban Wage Earners and Clerical Workers (Los Angeles-Anaheim-Riverside region; "All Items"; Reference Base Year 1982-1984=100), as published by the United States Department of Labor, Bureau of Labor Statistics or its successor (the "Index"), as follows: The Index for the second month preceding each CPI
