Common use of Maximum Ground Rent Adjustment Clause in Contracts

Maximum Ground Rent Adjustment. For purposes of ------------------------------ determining the maximum Ground Rent increase under subsection 3.2.4 at the time of the next Ground Rent adjustment and thereafter, the base sublease rental described in subsection 3.2.4 shall be established with respect to the new building or buildings constructed on the parcel.

Appears in 2 contracts

Samples: Lease Agreement (Kilroy Realty Corp), Lease Agreement (Kilroy Realty Corp)

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Maximum Ground Rent Adjustment. For purposes of ------------------------------ determining the maximum Ground Rent increase under subsection 3.2.4 at the time of the next Ground Rent adjustment and thereafter, the base sublease sub-lease rental described in subsection 3.2.4 shall be established with respect to the new building or buildings constructed on the parcelparcel (with Parcel A and B to be considered together if subsection 3.2.4.2 is applicable).

Appears in 1 contract

Samples: Lease Agreement (Kilroy Realty Corp)

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Maximum Ground Rent Adjustment. For purposes of ------------------------------ determining the ------------------------------ maximum Ground Rent increase under subsection 3.2.4 at the time of the next Ground Rent adjustment and thereafter, the base sublease rental described in subsection 3.2.4 shall be established with respect to the new building or buildings constructed on the parcel.

Appears in 1 contract

Samples: Lease Agreement (Kilroy Realty Corp)

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