Escalation of Base Annual Rent. Commencing on the first anniversary date of the Commencement Date and continuing on each subsequent anniversary thereof, the Base Annual Rent shall be increased by the Percentage Factor stipulated in Section 1.3(b) times the Base Annual Rent payable for the preceding Lease Year (all of which shall be calculated without giving effect to any waiver of rent or rent credit otherwise provided to Tenant). The escalated Base Annual Rent so determined shall be the "Base Annual Rent" for all purposes of this Lease, including the calculation of the increase in Base Annual Rent for the subsequent Lease Year.
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Samples: Office Building Lease (Quadramed Corp), Office Building Lease (Otg Software Inc), Office Building Lease (Net2000 Communications Inc)
Escalation of Base Annual Rent. Commencing on the first anniversary date of the Commencement Rent Start Date and continuing on each subsequent anniversary thereof, the Base Annual Rent shall be increased by the Percentage Factor stipulated in Section 1.3(b) times the Base Annual Rent payable for the preceding Lease Year (all of which shall be calculated without giving effect to any waiver of rent or rent credit otherwise provided to Tenant). The escalated Base Annual Rent so determined shall be the "“Base Annual Rent" ” for all purposes of this Lease, including the calculation of the increase in Base Annual Rent for the subsequent Lease Year.
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Samples: Office Building Lease (TRX Inc/Ga)
Escalation of Base Annual Rent. Commencing on the first anniversary date of the Commencement Date and continuing on each subsequent anniversary thereof, the Base Annual Rent shall be increased by the Percentage Factor stipulated in Section 1.3(b) times the Base Annual Rent payable Payable for the preceding Lease Year (all of which shall be calculated without giving effect to any my waiver of rent or rent credit otherwise provided to Tenant). The escalated Base Annual Rent so determined shall be the "“Base Annual Rent" ” for all purposes of this Lease, including the calculation of the increase in Base Annual Rent for the subsequent Lease Year.
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Samples: Office Building Lease (Spherix Inc)
Escalation of Base Annual Rent. Commencing on the first anniversary date of the Commencement Date and continuing on each subsequent anniversary thereof, the Base Annual Rent shall be increased by the Percentage Factor stipulated in Section 1.3(b) times the Base Annual Rent payable for the preceding Lease Year (all of which shall be calculated without giving effect to any waiver of rent or rent credit otherwise provided to Tenant). The escalated Base Annual Rent so determined shall be the "“Base Annual Rent" ” for all purposes of this Lease, including the calculation of the increase in Base Annual Rent for the subsequent Lease Year.
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