Rent Escalation. The annual Rent to be paid to Landlord by Tenant shall be increased as described in Exhibit B.
Rent Escalation. Beginning on the first twelve (12) month anniversary of The Commencement Date of the Lease and on each succeeding anniversary date hereafter for the term of the Lease and any renewals or extensions thereof, the rental rate for the Leased Premises shall increase 4% per annum over the rate charged for the immediately preceding twelve (12) months.
Rent Escalation. On the first anniversary of the SLA Commencement Date for each such SBA Site, and on each anniversary of the commencement date for said Sites thereafter throughout the initial term and any renewal term, Rent shall be increased by [***] of the Rent payable during the immediately prior year.
Rent Escalation. (a) There shall be added to the Base Rent for each Comparison Year, Tenant's Share of the net aggregate increase, if any, in the amount of Operating Expenses and Taxes for the Comparison Year over those for the Base Year. The Base Rent as so increased is herein referred to as the "Adjusted Base Rent". The Adjusted Base Rent for any Comparison Year shall serve as the basis for an estimate of Adjusted Base Rent due for the next Comparison Year until the computation for that Comparison Year has been made. The difference between the actual increase in Operating Expenses and Taxes for any Comparison Year and the estimated Adjusted Base Rent for such Comparison Year shall be promptly paid by Tenant upon Tenant's receipt of a statement of such adjustment. After the Adjusted Base Rent has been established, it shall retroactively become payable from the beginning of the calendar year. The remaining monthly Rent installments shall be adjusted accordingly. Amounts due for any partial year of the Term in accordance with the foregoing shall be prorated on a calendar year basis. Additionally, within one hundred twenty (120) days after the end of the Base Year, Landlord will submit to Tenant for Tenant's review the compilation of the Operating Expenses and Taxes, adjusted as required in this Lease, for the Base Year. After receipt of such statement, Tenant will have one hundred twenty (120) days to dispute any item in the statement or manner of calculation of the Operating Expenses and Taxes. With respect to Taxes, the statement of adjustment shall reflect, as of the date prepared, Taxes incurred for the Base Year and for the Comparison Year, whether the same shall be definitive or subject to subsequent revision. Should Taxes for the Base Year or any Comparison Year be subsequently reduced or increased, Landlord shall recompute the Taxes using the amount of the Taxes for the Base Year as so reduced or increased for all Comparison Years prior to the Comparison Year in which the reduction or increase is granted. In the event of any tax abatements, tax phase-in or other similar tax programs that result in an artificially lowered tax amount for the Base Year, the tax amount established for the Base Year will be increased to reflect the amount that would have been expended in the absence of such programs. All changes to Adjusted Base Rent due from Tenant by reason thereof shall be payable within thirty (30) days after Tenant's receipt of the statement therefor.
Rent Escalation. B-1.01 The Fixed Minimum Rent of Three Hundred Thirty-six Thousand Seven Hundred Eighty Dollars ($336,780.00) reserved in the preamble to this Lease shall be increased (the "Recomputed Fixed Minimum Rent") as of the first day of the second lease year and each subsequent lease year of the Term in accordance with the following Schedule: Lease Year Recomputed Fixed Minimum Rent 2 $353,619.00 3 $371,299.95 4 $389,864.94 5 $409,358.18 6 $429,826.08 7 $451,317.38 8 $473,883.24 9 $497,577.40 10 $522,456.27 RIDER C Provisions of Specific Application
Rent Escalation. Commencing on the anniversary date of the Commencement Date, the monthly Base Rental shall be increased by three percent (3%) of the monthly Base Rental paid during the preceding lease year. If the Commencement Date occurred on a day other than the first day of the month, rent escalation shall occur on the first day of the month preceding the anniversary date.
Rent Escalation. (a) As used in this Article 7, the term "Lease Year" shall mean the twelve month period commencing on the Rental Commencement Date, or, if the Rental Commencement Date is not on the first day of a calendar month, commencing on the first day of the first calendar month following the Rental Commencement Date, and each successive twelve month period thereafter during the Lease Term.
Rent Escalation. (a) For purposes of this Section, the following definitions shall apply:
Rent Escalation. At the end of the third year of the Lease, and the end of each two-year period thereafter, the Rent payable at the end of each period shall be adjusted by an amount equal to the lesser of (i) three percent (3%) or (ii) the increase in the Consumer Price Index during the current period. The Rent so adjusted shall become the adjusted monthly Rent for the following two (2) year period. The Rent shall not be decreased if the Consumer Price Index decreases. "Consumer Price Index", shall be the Consumer Price Index for Urban Wage Earners and Clerical Worker (1967 = 100) issued by the U.S. Bureau of Labor Statistics. If the Consumer Price Index published by the U.S. Bureau of Labor Statistics is discontinued, then the Consumer Price Index published by the U.S. Department of Commerce shall be used (with proper adjustment); and if the U.S. Department of Commerce Index is discontinued, then Lessor and Lessee shall, in good faith, agree on a suitable substitute.
