Increases in Rent Sample Clauses

Increases in Rent. The Tenant shall be obligated to pay rent for the Initial Term in accordance with the following time periods: Hereinafter known as the “Base Rent.”

Increases in Rent. The landlord is entitled to increase the rent within reason in accordance with rents charged for comparable garages or parking spaces. The procedures outlined in §§ 558 et seq. of German Civil Code (BGB) need not be adhered to.

Increases in Rent. A. Unless your Monthly Rent is based on Shelter Allowance, Your Monthly Rent may increase if Basic Rent increases due to increases in operating costs of the project that your unit is in. Your Monthly Rent will be the amount stated on page 1, #6 of the lease or Basic Rent, whichever is more. B. Your Monthly Rent may increase if your Household's Income increases but not unless your Household's Income increases above public assistance level. If your Household's Income increases, your Monthly Rent will adjust to 30% of your Household's income (less an allowance for certain utilities you maypay for). Your Monthly Rent will not be increased above Market Rent but will not be less than Basic Rent. C. If your Monthly Rent is based on the Shelter Allowance, and the Shelter Allowance is increased, Monthly Rent will be increased to the new Shelter Allowance amount. D. If you or any member of your household is receiving a rent subsidy, and that rent subsidy increases, your rent may be increased accordingly at the discretion of the Landlord. E. For a rent increase of 5% or more, the written tenant notification period depends on the length of occupancy: • 30 days’ notice is required for a tenant who has occupied a unit for under a year and does not have a lease term of at least a year. • 60 days’ notice is required for a tenant who has occupied a unit, or has a lease term, for more than one year but less than two years. • 90 days’ notice is required for a tenant who has occupied a unit, or has a lease term, of more than two years

Increases in Rent. A. Your monthly rent may increase each calendar year if approved by DHCR/HTF. B. Your monthly rent may also increase if your household’s income increases. C. For a rent increase of 5% or more, the written tenant notification period depends on the length of occupancy: • 30 days’ notice is required for a tenant who has occupied a unit for under a year and does not have a lease term of at least a year. • 60 days’ notice is required for a tenant who has occupied a unit, or has a lease term, for more than one year but less than two years. • 90 days’ notice is required for a tenant who has occupied a unit, or has a lease term, of more than two years

Increases in Rent. (1) A landlord may increase the rent payable under a tenancy agreement only if – (a) the right to increase the rent; and (b) the amount of the increase in rent or the method of calculation of the increase in rent, is specified in the agreement. (2) A proposal to increase the rent payable under a tenancy agreement is of no effect unless at least 30 days written notice is given to the tenant of – (a) the amount of the increase; and (b) the date from which the increase is to take effect. (3) The date fixed for an increase in rent in relation to a tenancy must not be earlier than 6 months after – (a) the day on which the tenancy agreement commences; or (b) if there has been a previous increase of rent under this section in relation to one or more of the same tenants and the same premises – the last increase. (4) If the rent payable under a tenancy agreement is increased under this section, the terms of the agreement are varied accordingly. (5) Subsections (2), (3) and (4) do not apply in relation to – (a) a provision of a tenancy agreement in relation to a tenancy under which the rent payable changes automatically at stated intervals on a basis set out in the agreement or by a determination under the Housing Act by the minister administering that Act; or (b) an increase in the amount of rent payable by a tenant because of the cancellation or adjustment of a rent rebate.

Increases in Rent. At the end of the twelfth (12th) month of the Term, the base annual Rental shall be adjusted in the amount of the increase in the Consumer Price Index ("CPI") for All Urban Consumers, All Items, for the San Francisco - Oakland Metropolitan Area (1967 = 100). The computation shall be made by multiplying Two Hundred Seventy Thousand and 00/100 ($270,000.00) Dollars by a fraction, the numerator of which shall be the index figure for the month prior to the month in which the adjustment commences and the denominator of which shall be the index figure for the month prior to the month in which this Lease commences. In the event that the Bureau of Labor Statistics shall cease to publish the index, then a similar index by any other branch or department of the United States shall be used. The result of this computation shall then be divided by twelve (12), and commencing the thirteenth (13th) month of this Lease, the adjusted base Rental shall be paid. Annually thereafter, at twelve (12) month intervals, the base annual Rental shall be adjusted in accordance with the adjustment in the CPI or other comparable index. The maximum increase in Rental for any twelve (12) month period shall be five percent (5%). Increases, at the end of each twelve (12) months of the Term of the Lease shall be limited to the amount of the sum of the increase in the CPI during the twelve (12) month period preceding, plus the amount which the increase in the CPI during any preceding twelve (12) month period exceeded five percent (5%) to the extent the excess has not previously been applied, but in no event, is the increase at the end of any twelve (12) month period to exceed five percent (5%).

Increases in Rent. (a) The Rent will be adjusted upward by the lesser of three percent (3%) of the Rent paid during that lease year, or the CPI adjustment computed in the manner set forth in paragraph (b) below. (b) The parties hereto adopt as a standard for measuring such fluctuations the Consumer Price Index for all Urban Consumers, U.S. City Average (CPI) (1982-84=100) issued by the Bureau of Labor Statistics of the U.S. Department of Labor, hereinafter referred to as the "INDEX". The first rental adjustment date ("RENTAL ADJUSTMENT DATE") shall be one year after the Tenant's obligation to pay Rent commences. Thereafter, adjustments will be made annually and will be effective for the ensuing lease year and the Rental Adjustment Date shall be the first day of the next lease year for the Rent for the ensuing lease year. Rental adjustments shall be made by multiplying the Rent for the immediately preceding lease year by a fraction, the numerator of which shall be the New Standard (such "NEW STANDARD" being the Index figure for the month which is three (3) months immediately preceding each Rental Adjustment Date occurring every twelve (12) months) and the denominator of which shall be the Basic Standard (such "BASIC STANDARD" being the Index figure for the month and year when Tenant's obligation to pay Rent commences), and the result thus obtained shall be the Rent to be paid in monthly installments over the ensuing lease year period. In no event will the Rent during the subsequent lease year be less than the Rent for the prior lease year. It is understood that the Index is now being published by the Bureau of Labor Statistics of the United States Department of Labor monthly. Should said Bureau of Labor Statistics change the manner of computing the Index, the Bureau shall be requested to furnish a conversion factor. Should the publication of said Index be discontinued by said Bureau of Labor

Increases in Rent. Commencing January 1, 2005, the rent shall increase according to the schedule set forth in the Master Lease, with Subtenant paying Sunstorm rent in proportion to Subtenant’s use of the Subleased Premises, which amount shall not be less than 50% of the rent schedule set forth in the Master Lease.

Increases in Rent. No lease compliant resident will be involuntarily displaced from the Project meaning that there shall be no lease terminations without cause. Borrower must provide all tenants in the Project with not less than 30 days’ prior written notice of increases in rents. For two years following the Date of Closing, no rent for an Affordable Unit that is occupied by a tenant that was a tenant of the Affordable Unit as of the Date of Closing may increase by more than 5% per year, provided that in no event may the rent limitations imposed by Section 8.01 of this Agreement be exceeded.