Change of Rent Sample Clauses

Change of Rent. 1. The Lessor and the Lessee may revise the rent at the time of renewal of this Agreement upon discussion between the Lessor and the Lessee. 2. The Lessor and the Lessee may also revise the rent upon discussion during the Lease Period if the rent becomes significantly unreasonable as a result of any change in the economic conditions, increase/decrease of pubic dues and taxes, costs and expenses or other charges, or when compared with the rent of neighboring buildings.

Change of Rent. 3.2.1 In case of agreements with an indefinite term, rent, additional costs as well as all other changes in the agreement may be asserted only on one of the agreed termination dates while adhering to the deadlines agreed on the cover sheet. The corresponding notification to the lessee must take place with an official form and without a threat of termination. It must have been served to the lessee at least 10 days before the commencement of the notice period. The change in the agreement shall be deemed served if it is collected at the post, but at the latest on the last day of the collection period. 3.2.2 In case of agreements with a fixed term, rent and additional costs may not be changed during the fixed term of agreement, except in the following two cases: If the lease agreement has been made for a fixed period of at least 5 years, the lessor shall, in case of a change in the national consumer price index by 5 points during the fixed term of lease, be entitled to adjust the rent according to the index since the last rent fixing. The index clause must be agreed upon by indicating on the cover sheet or separately. Such a rent adjustment must be indicated with a one-month advance notice period on the next interest payment date. An adjusted rent may not be re-adjusted by the same con- tracting party before expiry of one year since the last amendment. If the lease agreement is not extended after the expiry of the fixed term by at least 5 more years, the regulation according to no. 3.2.1 shall apply for rent changes.

Change of Rent. The rent shall be payable to the Lessor (or the person authorized by the Lessor to receive rent) no later than the third business day of each month free of costs and in advance Dresdner Bank AG, Frankfurt a.M., bank routing no. 500 800 00, acct. No. 908 848 00. Unless otherwise agreed, the ancillary costs shall be remitted simultaneously with the rent. The timeliness of payment shall be determined not by the date of dispatch, but rather by the date of arrival of the money.

Change of Rent. 1. In Section 17 of above principal lease, a rent adjustment clause has been agreed upon. The parties agree that this clause ceases to be a part of the lease and that rent adjustment is agreed upon as follows: 2. If the cost-of-living index for the living standard of a four-person employee household with average income as published by the Federal Statistical Office changes by more than 10 points (basis 1991 = 100) compared to 01.05.1998, the rent will increase or decrease in the same ratio automatically starting from the 1st day of the following month as soon as the index figure reached 10 points upwards or downwards. 3. An increase or decrease can be made starting from 01.05.2001 for the first time. 4. The notice on the part of the Landlord shall only have a declaratory function. In the case of increase of the rent, the Tenant cannot plead that he got the notice after the official publication of the increase of the index figures only. 5. For the subsequent time of lease, the rent can, pursuant to par. 1, be adjusted as at the time of the state of the index last taken into consideration after the required points (10) were reached respectively. The claim on the part of the Landlord for adjustment of the rent does not lapse, even if the Landlord does not make an adjustment of rent immediately when the points are reached. 6. This regulation requires the authorization of the State Central Bank, which authorization the Landlord will request.