Common use of Fixed Monthly Rent Increase Clause in Contracts

Fixed Monthly Rent Increase. Commencing the first calendar day of the thirteenth (13th) calendar month of the Term, and continuing through the last calendar day of the twenty-fourth (24th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $27,946.00 per month to $28,784.38 per month. Commencing the first calendar day of the twenty-fifth (25th) calendar month of the Term, and continuing through the last calendar day of the thirty-sixth (36th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $28,784.38 per month to $29,647.91 per month. Commencing the first calendar day of the thirty-seventh (37th) calendar month of the Term, and continuing through the last calendar day of the forty-eighth (48th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $29,647.91 per month to $30,537.35 per month. Commencing the first calendar day of the forth-ninth (49th) calendar month of the Term, and continuing through the last calendar day of the sixtieth (60th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $30,537.35 per month to $31,453.47 per month. Commencing the first calendar day of the sixty-first (61st) calendar month of the Term, and continuing through the last calendar day of the seventy-second (72nd) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $31.453.47 per month to $32,397.07 per month. Commencing the first calendar day of the seventy-third (73rd) calendar month of the Term, and continuing throughout the remainder of the initial Term, the Fixed Monthly Rent payable by Tenant shall increase from $32,397.07 per month to $33,368.98 per month. Landlord and Tenant shall, in the First Amendment, confirm the actual dates upon which the changes in Fixed Monthly Rent specified above shall occur.

Fixed Monthly Rent Increase. Commencing the first calendar day of the thirteenth (13th) calendar month of the Term, and continuing through the last calendar day of the twenty-fourth (24th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $27,946.00 per month to $28,784.38 per month. Commencing the first calendar day of the twenty-fifth (25th) calendar month of the Term, and continuing through the last calendar day of the thirty-sixth (36th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $28,784.38 53,371.09 per month to $29,647.91 54,972.22 per month. Commencing the first calendar day of the thirty-seventh (37th) calendar month of the Term, and continuing through the last calendar day of the forty-forty- eighth (48th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $29,647.91 54,972.22 per month to $30,537.35 56,621.39 per month. Commencing the first calendar day of the forthforty-ninth (49th) calendar month of the Term, and continuing through the last calendar day of the sixtieth (60th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $30,537.35 56,621.39 per month to $31,453.47 58,320.03 per month. Commencing the first calendar day of the sixty-first (61st) calendar month of the Term, and continuing through the last calendar day of the seventy-second (72nd) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $31.453.47 58,320.03 per month to $32,397.07 60,069.63 per month. Commencing the first calendar day of the seventy-third (73rd) calendar month of the Term, and continuing through the last calendar day of the eighty-fourth (84th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $60,069.63 per month to $62,472.42 per month. Commencing the first calendar day of the eighty-fifth (85th) calendar month of the Term, and continuing through the last calendar day of the ninety-sixth (96th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $62,472.42 per month to $64,971.31 per month. Commencing the first calendar day of the ninety-seventh (97th) calendar month of the Term, and continuing through the last calendar day of the one- hundred-eighth (108th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $64,971.31 per month to $67,570.17 per month. Commencing the first calendar day of the one-hundred-ninth (109th) calendar month of the Term, and continuing through the last calendar day of the one- hundred-twentieth (120th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $67,570.17 per month to $70,272.97 per month. Commencing the first calendar day of the one-hundred-twenty-first (121st) calendar month of the Term, and continuing throughout the remainder of the initial Term, the Fixed Monthly Rent payable by Tenant shall increase from $32,397.07 70,272.97 per month to $33,368.98 73,083.89 per month. Landlord and Tenant shall, in the First Amendment, confirm the actual dates upon which the changes in Fixed Monthly Rent specified above shall occur.

Fixed Monthly Rent Increase. Commencing on the date that is ninety (90) days following the Commencement Date, and continuing through the last calendar day of the twelfth (12th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $7,369.92 per month to $7,753.77 per month. Commencing the first calendar day of the thirteenth (13th) calendar month of the Term, and continuing through the last calendar day of the twenty-fourth (24th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $27,946.00 7,753.77 per month to $28,784.38 7,986.38 per month. Commencing the first calendar day of the twenty-fifth (25th) calendar month of the Term, and continuing through the last calendar day of the thirty-sixth (36th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $28,784.38 7,986.38 per month to $29,647.91 8,225.97 per month. Commencing the first calendar day of the thirty-seventh (37th) calendar month of the Term, and continuing through the last calendar day of the forty-eighth (48th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $29,647.91 8,225.97 per month to $30,537.35 8,472.75 per month. Commencing the first calendar day of the forthforty-ninth (49th) calendar month of the Term, and continuing through the last calendar day of the sixtieth (60th) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $30,537.35 8,472.75 per month to $31,453.47 8,726.94 per month. Commencing the first calendar day of the sixty-first (61st) calendar month of the Term, and continuing through the last calendar day of the seventy-second (72nd) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $31.453.47 per month to $32,397.07 per month. Commencing the first calendar day of the seventy-third (73rd) calendar month of the Term, and continuing throughout the remainder of the initial Term, the Fixed Monthly Rent payable by Tenant shall increase from $32,397.07 8,726.94 per month to $33,368.98 8,988.74 per month. Landlord and Tenant shall, in the First Amendment, confirm the actual dates upon which the changes in Fixed Monthly Rent specified above shall occur. Notwithstanding the foregoing, Tenant shall be permitted to defer one hundred percent (100%) of the Fixed Monthly Rent due for the second (2nd), third (3rd), thirteenth (13th), twenty-fifth (25th) and thirty-seventh (37th) months of the Term (collectively, the “Rent Deferral Amount”). So long as Tenant does not commit a material, uncured default during the Term that has resulted in Landlord filing an unlawful detainer action against Tenant, the entire Rent Deferral Amount shall be abated and forgiven as of the Termination Date.

Fixed Monthly Rent Increase. Commencing the first calendar day of the thirteenth (13th) full calendar month of the Term, and continuing through the last calendar day of the twenty-fourth (24th) full calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $27,946.00 66,451.00 per month to $28,784.38 68,444.53 per month. Commencing the first calendar day of the twenty-fifth (25th) full calendar month of the Term, and continuing through the last calendar day of the thirty-sixth (36th) full calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $28,784.38 68,444.53 per month to $29,647.91 70,497.87 per month. Commencing the first calendar day of the thirty-seventh (37th3701) full calendar month of the Term, and continuing through the last calendar day of the forty-eighth (48th) full calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $29,647.91 70,497.87 per month to $30,537.35 72,612.80 per month. Commencing the first calendar day of the forthforty-ninth (49th) full calendar month of the Term, and continuing through the last calendar day of the sixtieth (60th) full calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $30,537.35 72,612.80 per month to $31,453.47 74,791.19 per month. Commencing the first calendar day of the sixty-first (61st6151) calendar month of the Term, and continuing through the last calendar day of the seventy-second (72nd) calendar month of the Term, the Fixed Monthly Rent payable by Tenant shall increase from $31.453.47 per month to $32,397.07 per month. Commencing the first calendar day of the seventy-third (73rd) full calendar month of the Term, and continuing throughout the remainder of the initial Term, the Fixed Monthly Rent payable by Tenant for Suite 300 shall increase from $32,397.07 74,791.19 per month to $33,368.98 77,034.92 per month. Landlord and Tenant shallNotwithstanding the foregoing, in the First Amendment, confirm the actual dates upon which the changes in fifty percent (50%) of the. Fixed Monthly Rent specified above due for the Premises shall occurbe abated for each of the second (2nd), third (3rd), fourth (4th) and fifth (5th) full calendar months following the Commencement Date.