Increases in Annual Rent. Commencing at the end of the fifth (5th) Lease Year after the Effective Date, and on each fifth (5th) anniversary of such date thereafter during the term of this Lease (and any extension thereof), Annual Rent shall be increased by an amount equal to _______ percent (__%) of the Annual Rent payable during the immediately preceding Lease Year.
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Samples: Lease Agreement (CNL American Properties Fund Inc), Lease Agreement (CNL Hospitality Properties Inc)
Increases in Annual Rent. Commencing at the end of the fifth (5th) Lease Year after the Effective Date, and on each fifth (5th) anniversary of such date thereafter during the term of this Lease (and any extension thereof), Annual Rent shall be increased by an amount equal to _______ percent (__%) of the Annual Rent payable during the immediately preceding Lease Year.
Appears in 2 contracts
Samples: Lease Agreement (CNL American Properties Fund Inc), Lease Agreement (CNL Hospitality Properties Inc)
Increases in Annual Rent. Commencing at the end of the fifth (5th) ______ Lease Year after the Effective Date, and on each fifth (5th) ______ anniversary of such date thereafter during the term of this Lease (and any extension thereof), Annual Rent shall be increased by an amount equal to _______ percent (__%) of the Annual Rent payable during the immediately preceding Lease Year.
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Increases in Annual Rent. Commencing at the end of the fifth (5th) Lease Year after the Effective Annual Rent Commencement Date, and on each fifth one (5th1) year anniversary of such date thereafter during the term of this Lease (and any extension thereof), Annual Rent shall be increased by an amount equal to _______ one percent (__1%) of the Annual Rent payable during the immediately preceding Lease Year.
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Increases in Annual Rent. Commencing at the end of the fifth (5th) ______ Lease Year after the Effective Date, and on each fifth (5th) _______ anniversary of such date thereafter during the term of this Lease (and any extension thereof), Annual Rent shall be increased by an amount equal to _______ percent (__%) of the Annual Rent payable during the immediately preceding Lease Year.
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