Increase in Rent. The Landlord reserves the right to increase the rent at the conclusion of this agreement should the tenant remain in occupation of the property after the expiry of any fixed term.
Increase in Rent. The Monthly Rent shall be fixed and shall remain unchanged until the end of the first twelve months following the Commencement Date of this Lease. Thereafter, the Monthly Rent shall be increased annually, on the anniversary date of the Commencement Date, by a percentage of 2.5% on top of the previous Monthly Rent.
Increase in Rent. If, at any time during the Lease Term, either (a) LESSEE fails to make any three consecutive payments of Rent, Reserves or Security Deposit installments (or any combination thereof) as and when required by the Lease or (b) any single Rent, Reserves or Security Deposit installment payment remains due and unpaid for more than 90 days, then the Rent payable by LESSEE in accordance with Article 5.4.1 will automatically increase by 3% for the remainder of the Lease Term, commencing with the Rent payable immediately after the first to occur of (a) or (b) above. Nothing in this Article 5.9 will limit LESSOR’s right to receive Default Interest on such late payments or LESSOR’s rights and remedies pursuant to Article 25 on account of such Events of Default.
Increase in Rent. The monthly rent payable by Tenant pursuant to Section 3.1 of the Sublease is hereby increased to Ten Thousand Eight Hundred Thirty Five Dollars ($10,835) monthly.
Increase in Rent. Each time a Capex Contribution is paid by PHF into the PHF Account pursuant to clause 2.2.1 or otherwise, the Rent (in both the Lease and the Victorian Lease as the case shall require) shall be increased on and from the Capex Contribution Date by an amount derived by multiplying the amount of the Capex Contribution by the greater of:
(i) 9.6% increased by the same percentage increase as the Rent is increased pursuant to section 3.1 (b) of the Lease between the Commencement Date and the relevant Capex Contribution Date; and
(ii) 400 basis points above the rate last quoted prior to the Capex Contribution Date for 10 year Australian Government Bonds.
Increase in Rent. Lessor, in its sole discretion, may raise the rent set forth herein by providing the Lessee(s) with thirty days notice in writing of such fact. Lessee(s) may, within fifteen days of receipt of such notice, indicate to the Lessor by written notice that Lessee(s) intends to vacate the premises at the end of that calendar month, or at the end of the thirty days from the receipt of the Lessor(s) notice to the Lessee(s) of the rent increase whichever occurs later. Upon timely notice being given by the Lessee(s), as provided for in this subsection, vacation of the premises by the Lessee(s) shall not be deemed a default and Lessee(s) shall not be liable for future rental installments as called for in this agreement. If the Lessee(s) does not give timely notice and vacates as provided for herein, he shall be conclusively deemed to have consented to such increase in rent and shall be liable for that amount and all future payments for the full term of this agreement.
Increase in Rent. The Lessee shall pay enhanced Rent at the rate of fifteen percent (15%) over and above the last Rent paid at the end of every three (3) years of the Term commencing from the Rent Commencement Date.
Increase in Rent. In consideration of Lessor making available to ---------------- Lessee the additional third (3rd) floor unit, the parties agree that Paragraph 4 of the Lease is hereby amended to read as follows: The Lessee shall pay the Lessor rent at the rate set forth below: Annual Amount Monthly Amount ------------- -------------- (in advance, on the first of each month) September 1 - December 31, 1997 $ 26,666.66 $6,666.66 January 1 - December 31, 1998 $ 96,000.00 $8,000.00 January 1 - December 31, 1999 $104,000.00 $8,666.66 January 1 - December 31, 2000 $104,000.00 $8,666.66
Increase in Rent. Rent shall be increased annually, effective on the first anniversary of the Rent Commencement Date and annually thereafter. Annual increases in Rent shall be based on the Rent Schedule below.
Increase in Rent. Rent hereby reserved shall be reviewed/revised after the initial two years from the date of signing this agreement and it is agreed by both the Tenant and the Landlord that the increase in rent shall be according to the prevailing estate market rates but in any case not exceed % of the rent herein reserved.
