COST OF LIVING ADJUSTMENTS TO BASE RENT. The Base Rent payable pursuant to Paragraph 4.1 shall be subject to further adjustment as of lease anniversary date, and as of the same date each year thereafter during the initial lease term and any extension period. Said date is hereinafter referred to as the "Adjustment Date." The adjustment shall be made as follows: The Base Rent for the Premises shall be adjusted by the same percentage as the change, if any, in the Consumer Price Index (All Items for All Urban Consumers 1982-84=100 Base), of the United States Department of Labor, Bureau of Labor Statistics for Los Angeles-Anaheim-Riverside, CA (the "Index"). The adjustment shall be calculated according to the following formula: X = A x B - C X = Adjusted rent A = Base Rent as of the first month of the term then in effect. B = The monthly index for the third month immediately preceding the Adjustment Date.
Appears in 2 contracts
Samples: Lease (Qad Inc), Lease (Qad Inc)
COST OF LIVING ADJUSTMENTS TO BASE RENT. The Base Rent payable pursuant to Paragraph 4.1 shall be subject to further adjustment as of lease anniversary dateOctober 1, 1996, and as of the same date each year thereafter during the initial lease term and any extension period. Said date is hereinafter referred to as the "Adjustment Date." The adjustment shall be made as follows: The Base Rent for the Premises shall be adjusted by the same percentage as the changeincrease, if any, in the Consumer Price Index (All Items for All Urban Consumers 1982-84=100 Base), of the United States Department of Labor, Bureau of Labor Statistics for Los Angeles-Anaheim-Riverside, CA (the "Index"). The adjustment shall be calculated according to the following formula: X = A x B - C X = Adjusted rent A = Base Rent as of the first month of the term then in effect. B = The monthly index for the third month immediately preceding the Adjustment Date.
Appears in 2 contracts
Samples: Lease (Qad Inc), Lease (Qad Inc)
COST OF LIVING ADJUSTMENTS TO BASE RENT. The Base Rent payable pursuant to Paragraph 4.1 shall be subject to further adjustment as of lease anniversary dateJanuary 1, 1998, and as of the same date each year thereafter during the initial lease term and any extension period. Said date is hereinafter referred to as the "Adjustment Date." The adjustment shall be made as follows: The Base Rent for the Premises shall be adjusted by the same percentage as the changeincrease, if any, in the Consumer Price Index (All Items for All Urban Consumers 1982-84=100 Base), of the United States Department of Labor, Bureau of Labor Statistics for Los Angeles-Anaheim-Riverside, CA (the "Index"). The adjustment shall be calculated according to the following formula: X = A x B - C X = Adjusted rent A = Base Rent as of the first month of the term then in effect. B = The monthly index for the third month immediately preceding the Adjustment Date.
Appears in 1 contract
Samples: Lease (Qad Inc)
COST OF LIVING ADJUSTMENTS TO BASE RENT. The Base Rent payable pursuant to Paragraph 4.1 shall be subject to further adjustment as of lease anniversary dateMarch 1, 1999, and as of the same date each year thereafter during the initial lease term and any extension period. Said date is hereinafter referred to as the "“Adjustment Date." ” The adjustment shall be made as follows: The Base Rent for the Premises shall be adjusted by the same percentage as the changeincrease, if any, in the Consumer Price Index (All Items for All Urban Consumers 1982-84=100 Base), of the United States Department of Labor, Bureau of Labor Statistics for Los Angeles-Anaheim-Riverside, CA (the "“Index"”). The adjustment shall be calculated according to the following formula: X = A x B - X B/C X = Adjusted rent A = Base Rent as of the first month of the term then in effect. B = The monthly index for the third month immediately preceding the Adjustment Date.
Appears in 1 contract
Samples: Inamed Corp
COST OF LIVING ADJUSTMENTS TO BASE RENT. The Base Rent payable pursuant to Paragraph 4.1 shall be subject to further adjustment as of lease anniversary dateDecember 1, 1994, and as of the same date each year thereafter during the initial lease term and any extension period. Said date is hereinafter referred to as the "Adjustment Date." The adjustment shall be made as follows: The Base Rent for the Premises shall be adjusted by the same percentage as the change, if any, in the Consumer Price Index (All Items for All Urban Consumers 1982-84=100 Base), of the United States Department of Labor, Bureau of Labor Statistics for Los Angeles-Anaheim-Riverside, CA (the "Index"). The adjustment shall be calculated according to the following formula: X = A x B - C X = Adjusted rent A = Base Rent as of the first month of the term then in effect. B = The monthly index for the third month immediately preceding the Adjustment Date.
Appears in 1 contract
Samples: Qad Inc
COST OF LIVING ADJUSTMENTS TO BASE RENT. The Base Rent payable pursuant to Paragraph 4.1 shall be subject to further adjustment as of lease anniversary dateN/A, and as of the same date each year thereafter during the initial lease term and any extension period. Said date is hereinafter referred to as the "Adjustment Date." The adjustment shall be made as follows: The Base Rent for the Premises shall be adjusted by the same percentage as the changeincrease, if any, in the Consumer Price Index (All Items for All Urban Consumers Consumer 1982-84=100 84 = 100 Base), of the United States Department of Labor, Bureau of Labor Statistics for Los Angeles-Anaheim-Riverside, CA (the "Index"). The adjustment shall be calculated according to the following formula: X = A x B - C X = Adjusted rent A = Base Rent as of the first month of the term then in effect. B = The monthly index for the third month immediately preceding the Adjustment Date.
Appears in 1 contract
Samples: Industrial Lease (Valueclick Inc/Ca)
COST OF LIVING ADJUSTMENTS TO BASE RENT. The Base Rent payable pursuant to Paragraph 4.1 shall be subject to further adjustment as of lease anniversary dateNovember 1, 1996, and as of the same date each year thereafter during the initial lease term and any extension period. Said date is hereinafter referred to as the "Adjustment Date." The adjustment shall be made as follows: The Base Rent for the Premises shall be adjusted by the same percentage as the changeincrease, if any, in the Consumer Price Index (All Items for All Urban Consumers 1982-84=100 Base), of the United States Department of Labor, Bureau of Labor Statistics for Los Angeles-Anaheim-Riverside, CA (the "Index"). The adjustment shall be calculated according to the following formula: X = A x B - C X = Adjusted rent A = Base Rent as of the first month of the term then in effect. B = The monthly index for the third month immediately preceding the Adjustment Date.
Appears in 1 contract
Samples: Lease (Qad Inc)