Exhibit E – Rent Schedule Clause Samples
The Exhibit E – Rent Schedule clause defines the specific amounts of rent due, the timing of payments, and any scheduled changes to rent over the term of a lease agreement. It typically presents a table or list detailing the base rent for each period, such as monthly or annually, and may include provisions for rent escalations, step increases, or adjustments based on factors like inflation. By clearly outlining the rent obligations in a structured format, this clause ensures both parties have a mutual understanding of payment expectations and helps prevent disputes over rent calculations during the lease term.
Exhibit E – Rent Schedule. Subject to the conditions outlined in Section 1, Paragraph K. “Rent”, Base Rent begins on the date Tenant occupies the Premises or twelve (12) months after the start of construction of the Leasehold Improvements, whichever occurs first. Base Rent-First Lease Year $ per Year $ per month Base Rent-Second Lease Year $ per Year $ per month Base Rent-Third Lease Year $ per Year $ per month Base Rent-Fourth Lease Year and thereafter - Adjusted based on CPI Movement.
