Common use of Computation of Base Rent and Rent Adjustments Clause in Contracts

Computation of Base Rent and Rent Adjustments. (1) Prorations If this Lease begins on a day other than the first day of a month, the Base Rent, Operating Cost Share Rent and Tax Share Rent shall be prorated for such partial month based on the actual number of days in such month. If this Lease begins on a day other than the first day, or ends on a day other than the last day of the Lease Year, Operating Cost Share Rent and Tax Share Rent shall be prorated for the applicable Lease Year.

Appears in 1 contract

Samples: Lease Agreement (Nile Therapeutics, Inc.)

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