Rent Escalator. On the third anniversary of this Addendum and each anniversary thereafter, the annual base rent for the additional space shall increase by three (3%) percent per year, to be calculated in the same manner as set forth in Exhibit "C" of the underlying Lease Agreement with respect to the rent escalator for the original space.
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Samples: Lease Addendum (Embassy Bancorp, Inc.), Lease Agreement (Embassy Bancorp, Inc.), Lease Addendum (Embassy Bancorp, Inc.)
Rent Escalator. On the third each anniversary of this Addendum and each anniversary thereafterthe Commencement Date, the annual base rent for the additional space provided for herein shall increase by three (3%) percent per year, to be calculated in the same manner as set forth in Exhibit "“C" ” of the underlying Lease Agreement with respect to the rent escalator for the original space.Agreement.
Appears in 2 contracts
Samples: Lease Expansion Addendum (Embassy Bancorp, Inc.), Lease Expansion Addendum (Embassy Bancorp, Inc.)
Rent Escalator. On the third each anniversary of this Addendum and each anniversary thereafterthe Commencement Date, the annual base rent for the additional space provided for herein shall increase by three (3%) percent per year, to be calculated in the same manner as set forth in Exhibit "“C" ” of the underlying Lease Agreement with respect to the rent escalator for the original spaceAgreement.
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