Rent During Option Period. In the event that the Sublessee shall exercise its option to renew for any additional five (5) year period, the Base Rent during that period shall be 95% of the then Current Market Rental Rate for the Premises but in no case shall the rent be less than the previous year's Base Rent The term "
Appears in 3 contracts
Samples: Sublease (Aprisma Management Technologies Inc), Sublease (Cabletron Systems Inc), Sublease (Aprisma Management Technologies Inc)
Rent During Option Period. In the event that the Sublessee shall exercise its option to renew for any either additional five (5) year period, the Base Rent annual rent during that period shall be 95% of the then Current Market Rental Rent Rate for the Premises premises but in no case shall the rent be less than the previous year's years Base Rent Rent. The term "
Appears in 1 contract
Samples: Sublease Agreement (Bottomline Technologies Inc /De/)
