Common use of Fair Rental Value Adjustment Clause in Contracts

Fair Rental Value Adjustment. The Base Rent shall be increased on the first day of the first month(s) of the first and second Extension(s) of the Lease Term (the "Rental Adjustment Date(s)") to the "fair rental value" of the Property, determined in the following manner:

Appears in 2 contracts

Samples: Lease Agreement (Luminex Lighting Inc), Hot Topic Inc /Ca/

AutoNDA by SimpleDocs

Fair Rental Value Adjustment. The Base Rent shall be increased on the first day of the first month(s) month of the first and second Extension(s) each Extension of the Lease Term (the "“FRV Rental Adjustment Date(s)"Date”) to the "fair rental value" of the Property, determined in the following manner:

Appears in 1 contract

Samples: Switch, Inc.

Fair Rental Value Adjustment. The Base Rent shall be increased on the first day of the first N/A month(s) of the first and second _______________ Extension(s) of the Lease Term (the "Rental Adjustment Date(s)") to the "fair rental value" of the PropertyPremises, determined in the following manner:

Appears in 1 contract

Samples: Industrial Lease (Big Dog Holdings Inc)

Fair Rental Value Adjustment. The Base Rent shall be increased on the first day of the first month(s) month of the first and second Extension(s) each Extension of the Lease Term (the "“FRV Rental Adjustment Date(s)") to the "fair rental value" of the Property, determined in the following manner:

Appears in 1 contract

Samples: Nondisturbance and Attornment Agreement (Switch, Inc.)

AutoNDA by SimpleDocs

Fair Rental Value Adjustment. The Base Rent shall be increased on the first day of the first month(s) month of the first and second Extension(s) of the Lease Term Extension (the "Rental Adjustment Date(s)Date") to ninety- five percent (95%) of the "fair rental value" of the PropertyPremises, determined in the following manner:

Appears in 1 contract

Samples: Disturbance and Attornment Agreement (Spectratek Technologies Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.