Common use of RENT DURING EXTENSION TERM Clause in Contracts

RENT DURING EXTENSION TERM. The Monthly Base Rent during the seven-year Extension Term shall be the greater of the Base Rent paid during the last month of the immediately preceding Term or the Fair Market Rental Value for the Premises as of the commencement of the option term as determined below:

RENT DURING EXTENSION TERM. The Monthly Base Rent during the seven-six (6) year Extension Term shall be the greater of the average Monthly Base Rent (excluding adjustments pursuant to Paragraph 3(b)(i)) paid during the last month of the immediately preceding initial Term or the Fair Market Rental Value for the Premises as of the commencement of the option term term, as determined below:

RENT DURING EXTENSION TERM. The Monthly Base Rent during the seven-six (6) year Extension Term shall be the greater of the average Monthly Base Rent (excluding adjustments pursuant to Paragraph 3(b)(i)) paid during the last month of the immediately preceding initial Term or the Fair Market Rental Value for the Premises as of the commencement of the option term as determined below:the

RENT DURING EXTENSION TERM. The Monthly Base Rent during the seven-seven (7) year Extension Term Terms shall be the greater of the Monthly Base Rent paid during the last first full month of the immediately preceding previous Term (e.g. $282,897.00 would be the minimum Monthly Base Rent during the first extension) or the Fair Market Rental Value for the Premises as of the commencement of the option term term, as determined below: