Common use of Fair Market Base Rent Clause in Contracts

Fair Market Base Rent. As used herein, “Fair Market Base Rent” shall mean the annual Base Rent which Landlord could reasonably expect to obtain from a third party for the Premises if Landlord put the same on the market for lease for a term corresponding to the term offered hereunder, taking into account all relevant factors, including adjustments (if any) to the base years for Operating Expenses and Taxes, and the presence or absence of tenant fit-up costs, tenant improvement allowances, rent concessions, brokerage commissions, reasonable attorneys’ fees, and the like.

Fair Market Base Rent. As used herein, “Fair Market Base Rent” shall mean the annual Annual Base Rent which Landlord could reasonably expect to obtain from a third party for the Premises if Landlord put the same on the market for lease in “as is” condition for a term corresponding to the term offered hereunder; provided, taking into account all relevant factorshowever, including adjustments (if any) to that in no event shall the base years for Operating Expenses and Taxes, and Fair Market Base Rent be less than the presence or absence of tenant fit-up costs, tenant improvement allowances, rent concessions, brokerage commissions, reasonable attorneys’ fees, and Annual Base Rent in effect during the likeyear immediately preceding the Extension Term.

Fair Market Base Rent. As used herein, “Fair Market Base Rent” shall mean the annual Annual Base Rent which Landlord a landlord could reasonably expect to obtain from a third party for the Premises if Landlord put the same were put on the market for lease for a term corresponding to the term offered hereunder, taking into account all relevant factors, including including, without limitation, adjustments (if any) to the base years for Operating Expenses and Taxes, and the presence or absence of tenant fit-up costs, tenant improvement allowances, rent concessions, brokerage commissions, reasonable attorneys’ fees, and the like.