Common use of Increases in Rent Clause in Contracts

Increases in Rent. The Tenant shall be obligated to pay rent for the Initial Term in accordance with the following time periods: 1st Period – Xxxx Xxxxxx Monthly Rent: $ From: To: 2nd Period – Xxxx Xxxxxx Monthly Rent: $ From: To: 3rd Period – Xxxx Xxxxxx Monthly Rent: $ From: To:

Increases in Rent. The Tenant shall be obligated to pay rent for the Initial Term in accordance with the following time periods: 1st Period – Xxxx Xxxxxx Monthly Rent: $ $[AMOUNT] From: [START DATE] To: [END DATE] 2nd Period – Xxxx Xxxxxx Monthly Rent: $ $[AMOUNT] From: [START DATE] To: [END DATE] 3rd Period – Xxxx Xxxxxx Monthly Rent: $ $[AMOUNT] From: [START DATE] To:: [END DATE] Hereinafter known as the “Base Rent.”