Base Rental Adjustment. The Base Rental Adjustment shall be calculated and paid as follows:
Base Rental Adjustment. The Base Rental Adjustment shall be determined as of each anniversary of the Commencement Date of the Lease Term in the manner hereinafter provided (each such date being hereinafter called an “Adjustment Date,” and each one (1) year period from any given Adjustment Date through the day before the next succeeding Adjustment Date being herein called an “Adjustment Period’). Each such Base Rental Adjustment shall be payable in monthly installments in advance on the first day of every calendar month during the Adjustment Period for which such Base Rental Adjustment was determined. Landlord shall notify Tenant in writing of the monthly amount of the Rental Adjustment for each Adjustment Period as soon as practicable. For each Adjustment Period, the Base Rental Adjustment shall be an amount equal to the difference between (a) the original Base Rental and (b) the amount that the Base Rental would be if increased on each Adjustment Date by two percent (2%) per annum, compounded.
Base Rental Adjustment. 24.1 The Base Rental payable hereunder shall be further adjusted upward from time to time in accordance with the following provision:
Base Rental Adjustment. Intentionally left blank.
Base Rental Adjustment. Commencing with the first anniversary of the Commencement Date and on each anniversary thereof throughout the term, Lessee's Monthly Base Rent shall be increased by three percent (3%) of the previous year's Monthly Base Rent. Lessee shall pay such increased Rent in monthly installments commencing with the Monthly Base Rent payment then due.
Base Rental Adjustment. The Base Rental Adjustment shall be calculated in accordance with the following factors:
Base Rental Adjustment. The increase in Base Rental payable determined as of each anniversary of the Commencement Date of the Lease Term as described in Section 4 of the Lease.
Base Rental Adjustment. Effective the first day following the expiration of each twelve (12) month period during the Lease Term, the Base Rental shall be adjusted as follows: Successive yearly base rates are one hundred four and one half percent (104.5%) of the previous year's Base Rental. Landlord shall be entitled to require that the payment of the adjustment to Base Rental provided for in this paragraph, be made in monthly installments equal to 1/12 of such adjustment for each year during the remainder of the Lease Term, such installments being due and payable on the first day of each calendar month during such Year. The Expense Stop initially stated in paragraph 1(a) hereof shall be utilized throughout the term of this Lease for the purpose of calculating the Excess pursuant to Paragraph 1(a) notwithstanding any adjustment to Base Rental pursuant to this paragraph. TENANT: Keyvxx Xxxxx, x LANDLORD: Met Life International Real sole proprietorship Estate Equity Shares. Inc., a Delaware corporation By: /s/ KEYVXX XXXXX By: /s/ MICHXXX X. XXXXXX ------------------------------- ------------------------------- Keyvxx Xxxxx Michxxx X. Xxxxxx Xxxle: A Sole Proprietorship Title: Assistant Vice President ---------------------------- --------------------------- Date: 5-18-92 Date: 5/29/92 ----------------------------- ----------------------------- ---------------------
Base Rental Adjustment. The Base Rental adjustments for the ---------------------- Term are set forth in the Summary.
Base Rental Adjustment. The Base Rental Adjustment shall be determined as of each anniversary of the Commencement Date of the Lease Term in the manner hereinafter provided (each such date being hereinafter called an “Adjustment Date,” and each one (1) year period from any given Adjustment Date through the day before the next succeeding Adjustment Date being herein called an “Adjustment Period”). Each such Base Rental Adjustment shall be payable in monthly installments in advance on the first day of every calendar month during the Adjustment Period for which such Base Rental Adjustment was determined. Landlord shall notify Tenant in writing of the monthly amount of the Base Rental Adjustment for each Adjustment Period as soon as practicable.
