Base Rent Increase. The monthly Base Rent payable under paragraph 1.6 above shall be adjusted as provided in paragraph 4.1 below.
Base Rent Increase. Proposed rent increases are governed by the Town of Wales Rent Control Board. Any petitioned increases will be submitted according to Section 5(2) of the town bylaws.
Base Rent Increase. On the first anniversary of the Commencement Date, and annually thereafter, Base Rent payable under paragraph 1.6 above shall be adjusted as provided in paragraph 4.3 below.
Base Rent Increase. Lessee agrees that the Base Rent shall be increased annually by an amount equal to the greater of: an increase by three percent (3%) of the previous year’s Base Rent, or an increase based on the amount indicated by the Consumer Price Index as of three
Base Rent Increase. On May 1, 2001 the monthly Base Rent payable under paragraph 1.6 above shall be adjusted as provided in paragraph 4.3 below.
Base Rent Increase. See Addendum Paragraph 1
Base Rent Increase. On Jan 1. 2000; Jan 1, 2002; Jan 1, 2004; Jan 1,2006 the monthly Base Rent payable under paragraph 1.6 above should be adjusted as provided in paragraph 4.3 below.
Base Rent Increase. Beginning on the first day of the third Lease Year, and continuing annually thereafter, the annual Base Rent per Rentable Square Foot shall be increased by an amount equal to two and one-half percent (2.5%) per Lease Year, cumulative and compounded. During any Renewal Term, the annual Base Rent, commencing in the Second Lease Year and each Lease Year thereafter of such Renewal Term, shall be increased in accordance with the determination of Market Rent as provided in Section 1.2(a).
Base Rent Increase. On See paragraph 58 of Addendum ---------------------------------------------- __________ the monthly Base Rent payable under paragraph 1.6 above shall be adjusted as provided in paragraph 4.3 below.
Base Rent Increase. Section 4.3 of the Lease is hereby deleted in its entirety and the following Section 4.3 is substituted in its place: "The Base Rent set forth in Section 1.8 hereinabove shall be adjusted annually on each anniversary of the Commencement Date (unless the Commencement Date is other than the first day of a month, in which event the Base Rent shall be adjusted annually commencing on the first day of the calendar month following the first anniversary of the Commencement Date) during the Term of the Lease as follows: Lease Period in Months Annual Base Rent Monthly Base Rent ---------------------- ---------------- ----------------- Commencement Date - End of $452,867.00 $37,738.92 first twelve months 13-24 $466,453.01 $38,871.08 25-36 $480,446.60 $40,037.22 37-48 $494,860.00 $41,238.33 49-60 $509,705.80 $42,475.48 61-72 $524,996.97 $43,749.75 73-12/31/06 $540,746.88 (annualized) $45,062.24
