Increases to Base Rent Sample Clauses

The "Increases to Base Rent" clause defines how and when the base rent amount under a lease agreement will be adjusted upward over time. Typically, this clause outlines a schedule for rent increases, such as annual percentage escalations or adjustments tied to an external index like the Consumer Price Index (CPI). For example, the base rent may increase by 3% each year or be recalculated based on inflation rates. The core practical function of this clause is to ensure that the landlord's rental income keeps pace with market conditions or inflation, thereby protecting the property's value and the landlord's return on investment.