Common use of Rent Adjustment Clause in Contracts

Rent Adjustment. (1) The Rent shall be adjusted on 1 January of each year, in line with any changes in the consumer price index published by Statistics Norway or, if the said index is abolished, another corresponding public index. The Rent shall not, however, be adjusted below the Rent agreed on the date of entering into the lease. (2) The original lease index value is the index value as per the month of […] in the year of […]. Rent adjustments shall be based on changes from the original lease index value to the most recent known index value as per the adjustment made. (3) The Lessee is hereby given notice that annual rent adjustments will be made. (4) In the event of any government intervention (price freeze, etc.) that limits the rent that could otherwise have been charged by the Lessor under the present lease, the adjusted Rent shall apply from such date and to such extent as is permitted under the applicable regulations.

Rent Adjustment. (1) The Rent rent shall be adjusted on 1 January of each year, in line with any changes in the consumer retail price index published by Statistics Norway or, if the said index is abolished, another corresponding public index. The Rent rent shall not, however, be adjusted below the Rent rent agreed on the date of entering into the lease. (2) The original lease index value is the index value as per the month of […] in the year of […]. Rent adjustments shall be based on changes from the original lease index value to the most recent known index value as per the adjustment made. (3) The Lessee lessee is hereby given notice that annual rent adjustments will be made. (4) In the event of any government intervention (price freeze, etc.) that limits the rent that could otherwise have been charged by the Lessor lessor under the present leasecontract, the adjusted Rent rent under the contract shall apply from such date and to such extent as is permitted under the applicable regulations.

Rent Adjustment. (1) The Rent shall be adjusted on 1 January of each year, in line with any changes in the consumer price index published by Statistics Norway or, if the said index is abolished, another corresponding public index. The Rent shall not, however, be adjusted below the Rent agreed on the date of entering into the lease. (2) The original lease index value is the index value as per the month of […] in the year of […]. Rent adjustments shall be based on changes from the original lease index value to the most recent known index value as per the adjustment made. (3) The Lessee is hereby given notice that annual rent adjustments will be made. (4) In the event of any government intervention (price freeze, etc.) that limits the rent that could otherwise have been charged by the Lessor under the present leasecontract, the adjusted Rent shall apply from such date and to such extent as is permitted under the applicable regulations.

Rent Adjustment. (1) The Rent rent shall be adjusted on 1 January of each year, in line with any changes in the consumer retail price index published by Statistics Norway or, if the said index is abolished, another corresponding public index. The Rent rent shall not, however, be adjusted below the Rent rent agreed on the date of entering into the lease. (2) The original lease index value is the index value as per the month of […] in the year of […]. Rent adjustments shall be based on changes from the original lease index value to the most recent known index value as per the adjustment made. (3) The Lessee is hereby given notice that annual rent adjustments will be made. (4) In the event of any government intervention (price freeze, etc.) that limits the rent that could otherwise have been charged by the Lessor under the present lease, the adjusted Rent rent under the lease shall apply from such date and to such extent as is permitted under the applicable regulations.