Common use of AGREEMENT ON INITIAL BASE RENT Clause in Contracts

AGREEMENT ON INITIAL BASE RENT. Landlord shall not be obligated to provide Tenant with the proposed fair market rental value until six (6) months prior to the expiration of the previous Term. Landlord and Tenant shall have thirty (30) days after Landlord provides the proposed fair market rental value in which to agree on the Base Rent during each Extended Term, which shall be the fair market rental value of the Premises during said Extended Term. The fair market rental value of the Premises during said Extended Term shall be based on the uses of the Premises permitted under this Lease, the quality, size, design and location of the Premises, and the rental value for lease renewals or extensions of comparable size, quality and location and shall include annual CPI or similar periodic adjustments. If Landlord and Tenant agree on the Base Rent for each Extended Term during the thirty (30) day period, they shall immediately execute an amendment to this Lease stating the new Base Rent.

AGREEMENT ON INITIAL BASE RENT. Landlord shall not be obligated to provide Tenant with the proposed fair market rental value until six eight (6) 8) months prior to the expiration of the previous Initial Term. Landlord and Tenant shall have thirty (30) days after Landlord provides the proposed fair market rental value in which to agree on the initial Base Rent (I.e., the Base Rent for the first twelve (12) months) during each the Extended Term, which shall be ninety-five percent (95%) of the fair market rental value of the Premises during said Extended Term. The fair market rental value of the Premises during said Extended Term shall be based on the uses of the Premises permitted under this Lease, the quality, size, design and location of the Premises, and the rental value for lease renewals or extensions of comparable size, quality and location and shall include annual CPI or similar periodic adjustmentslocation. If Landlord and Tenant agree on the initial Base Rent for each the Extended Term during the thirty (30) day period, they shall immediately execute an amendment to this Lease stating the new initial Base Rent.

AGREEMENT ON INITIAL BASE RENT. Landlord shall not be obligated to provide Tenant with the proposed fair market rental value until six (6) months prior to the expiration of the previous Term. Landlord and Tenant shall have thirty (30) days after Landlord provides the proposed fair market rental value in which to agree on the Base Rent during each Extended Term, which shall be the fair market rental value of the Premises during said Extended Term. The initial fair market rental value of the Premises during said Extended Term shall be based on the uses of the Premises permitted under this Lease, the and quality, size, design and location of the Premises, and the rental value for lease renewals or extensions of comparable size, quality and location and location, provided, however, the initial Fair Market Rental Value shall include be subject to a 4% annual CPI or similar periodic adjustmentsrental increase. If Landlord and Tenant agree on the Base Rent for each Extended Term during the thirty (30) day period, they shall immediately execute an amendment to this Lease stating the new Base Rent.

AGREEMENT ON INITIAL BASE RENT. Landlord shall not be obligated to provide Tenant with the proposed fair market rental value until six eight (6) 8) months prior to the expiration of the previous Initial Term. Landlord and Tenant shall have thirty (30) days after Landlord provides the proposed fair market rental value in which to agree on the Initial Base Rent (i.e., the Base Rent for the first twelve (12) months) during each the Extended Term, which shall be ninety-five percent (95%) of the fair market rental value of the Premises during said Extended Term. The fair market rental value of the Premises during said Extended Term shall be based on the uses of the Premises permitted under this Lease, the quality, size, design and location of the Premises, and the rental value for lease renewals or extensions of comparable size, quality and location and shall include annual CPI or similar periodic adjustmentslocation. If Landlord and Tenant agree on the Initial Base Rent for each the Extended Term during the thirty (30) day period, they shall immediately execute an amendment to this Lease stating the new Initial Base Rent.

AGREEMENT ON INITIAL BASE RENT. Landlord shall not be obligated to provide Tenant with the proposed fair market rental value until six seven (67) months prior to the expiration of the previous Initial Term. Landlord and Tenant shall have thirty (30) days after Landlord provides the proposed fair market rental value in which to agree on the Base Rent during each the Extended Term, which shall be one hundred percent (100%) of the fair market rental value of the Premises during said Extended Term. The fair market rental value of the Premises during said Extended Term shall be based on the uses of the Premises permitted under this Lease, the quality, size, design and location of the Premises, and the rental value for lease renewals or extensions of comparable size, quality and location and shall include annual CPI or similar periodic adjustmentslocation. If Landlord and Tenant agree on the Initial Base Rent for each the Extended Term during the thirty (30) day period, they shall immediately execute an amendment to this Lease stating the new Initial Base Rent.

AGREEMENT ON INITIAL BASE RENT. Landlord shall not be obligated to provide Tenant with the proposed fair market rental value until six three (63) months prior to the expiration of the previous Term. Landlord and Tenant shall have thirty (30) days after Landlord provides the proposed fair market rental value in which to agree on the Base Rent during each Extended Term, which shall be the fair market rental value of the Premises during said Extended Term. The fair market rental value of the Premises during said Extended Term shall be based on the uses of the Premises permitted under this Lease, the quality, size, design and location of the Premises, and the rental value for lease renewals or extensions of comparable size, quality and location and shall include annual CPI or similar periodic adjustments. If Landlord and Tenant agree on the Base Rent for each Extended Term during the thirty (30) day period, they shall immediately execute an amendment to this Lease stating the new Base Rent.