Common use of Rent Adjustments Clause in Contracts

Rent Adjustments. The Basic Annual Rent shall be subject to an annual upward adjustment of three percent (3%) of the then-current Basic Annual Rent. The first such adjustment shall become effective commencing with that monthly rental installment that is due on or after the first (1st) annual anniversary of the Rent Commencement Date and subsequent adjustments shall become effective on every successive annual anniversary for so long as this Lease continues in effect.

Appears in 3 contracts

Samples: Lease (NanoString Technologies Inc), Lease (NanoString Technologies Inc), Lease (NanoString Technologies Inc)

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Rent Adjustments. The Basic Annual Rent shall be subject to an annual upward adjustment of three percent (3%) of the then-current Basic Annual Rent. The first such adjustment shall become effective commencing with that monthly rental installment that is due on or after the first (1st) annual anniversary of the Rent Term Commencement Date Date, and subsequent adjustments shall become effective on every successive annual anniversary for so long as this Lease continues in effect.

Appears in 2 contracts

Samples: Lease (Zosano Pharma Corp), Lease (Cytrx Corp)

Rent Adjustments. The Basic Annual Rent shall be subject to an annual upward adjustment of three two and one-half percent (32.5%) of the then-current Basic Annual Rent. The first such adjustment shall become effective commencing with that monthly rental installment that is due on or after the first (1st) annual anniversary of the Rent Term Commencement Date Date, and subsequent adjustments shall become effective on every successive annual anniversary for so long as this Lease continues in effect.

Appears in 1 contract

Samples: Lease (Arena Pharmaceuticals Inc)

Rent Adjustments. The Basic Annual Rent shall be subject to an annual upward adjustment of three two and one-half percent (32.5%) of the then-current Basic Annual RentRent (as adjusted under this Article 7). The first such adjustment shall become effective commencing with that monthly rental installment of the Retained Premises Basic Annual Rent, or the New Premises Basic Annual Rent, as applicable that is due on or after the first (1st) annual anniversary of the Rent Commencement Date and subsequent adjustments shall become effective on every successive annual anniversary for so long as this Lease continues in effect.the Retained Premises, or the Entire New Premises, as

Appears in 1 contract

Samples: Lease (Regeneron Pharmaceuticals Inc)

Rent Adjustments. The Basic Annual Rent shall be subject to an annual upward adjustment of three two percent (32%) of the then-current Basic Annual RentRent (as previously adjusted under this Article 8). The first such adjustment shall become effective commencing with that monthly rental installment that is due on or after the first (1st) annual anniversary of the Rent Commencement Date and subsequent Date. Subsequent adjustments shall become effective effective, for all Basic Annual Rent under the Lease, on every successive annual anniversary of the Rent Commencement Date for so long as this Lease continues in effect.

Appears in 1 contract

Samples: Lease Agreement (Epicept Corp)

Rent Adjustments. The Basic Annual Rent shall be subject to an annual adjustment upward adjustment in the amount of three and one-half percent (33.5%) of the then-current prior year's Basic Annual Rent. The first such adjustment shall become effective commencing with that monthly rental installment that is due , beginning on or after the first (1st) annual anniversary of the Rent Term Commencement Date and subsequent adjustments shall become effective on every successive annual anniversary for so long as this Lease continues in effect(12) months thereafter throughout the Term.

Appears in 1 contract

Samples: Lease Agreement (Trega Biosciences Inc)

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Rent Adjustments. The Basic Annual Rent shall be subject to an annual upward adjustment of three two percent (32%) of the then-current Basic Annual Rent. The first such adjustment shall become effective commencing with that monthly rental installment that is due on or after the first (1st) annual anniversary of the Rent Commencement Date July 1, 2007, and subsequent adjustments shall become effective on every successive annual anniversary July 1 for so long as this Lease continues in effect.

Appears in 1 contract

Samples: Lease (Array Biopharma Inc)

Rent Adjustments. The Basic Annual Rent shall be subject to an annual upward adjustment of three two percent (32%) of the then-current Basic Annual Rent. The first such adjustment shall become effective commencing with that monthly rental installment that is due on or after the first (1st) annual anniversary of the Rent Commencement Date August 1, 2007, and subsequent adjustments shall become effective on every successive annual anniversary August 1 for so long as this Lease continues in effect.

Appears in 1 contract

Samples: Lease (Array Biopharma Inc)

Rent Adjustments. The Basic Annual Rent shall be subject to an annual upward adjustment of three four percent (34%) of the then-current Basic Annual Rent. The first such adjustment shall become effective commencing with that monthly rental installment that is due on or after the first (1st) annual anniversary of the Rent Term Commencement Date Date, and subsequent adjustments shall become effective on every successive annual anniversary for so long as this Lease continues in effect.

Appears in 1 contract

Samples: Lease (CardioVascular BioTherapeutics, Inc.)

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