RENT AT THE DATE OF FORFEITURE OR DISCLAIMER. If at the date of the forfeiture or disclaimer there is a rent review pending under this lease, then the initial annual rent to be reserved by the new lease shall be the greater of:
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Samples: Lease, Original/Lease, Lease
RENT AT THE DATE OF FORFEITURE OR DISCLAIMER. 5.1 If at the date of the forfeiture or disclaimer there is a rent review pending under this lease, then the initial annual rent to be reserved by the new lease shall be subject to review on the greater of:date on which the term of the lease commences and on the same terms as those that apply to a review of the Annual Rent under this lease, such review date to be included in the new lease.
Appears in 1 contract
Samples: Lease
RENT AT THE DATE OF FORFEITURE OR DISCLAIMER. If at the date of the forfeiture or disclaimer there is a rent review pending under this lease, then the initial annual rent to be reserved by the new lease shall will be the greater of:open market rent of the Property at the relevant Review Date, as determined in accordance with the provisions of this Lease.
Appears in 1 contract
Samples: TNS Inc