Annual Increase. The monthly Base Rent shall increase by 3% on each anniversary of the first day of the first full month following the Commencement Date (for instance, if Commencement Date is January 15, 2018 then the annual increase shall occur every February 1st starting on January 1, 2019).
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Samples: Sublease, Sublease (Gossamer Bio, Inc.), Sublease (Gossamer Bio, Inc.)
Annual Increase. The monthly Base Rent shall increase by 3% on each anniversary of the first day of the first full month following the Commencement Date (for instance, if Commencement Date is January 15July 1, 2018 2020 then the annual increase shall occur every February 1st starting on January July 1, 20192021).
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