Common use of Rent Escalator Clause in Contracts

Rent Escalator. Consistent with the agreement of the parties and the prior Lease Renewal and Modification Agreement, on each anniversary of the commencement of this renewal term (and any subsequent renewal terms), the Base Rent shall increase by two percent (2%). 

Appears in 2 contracts

Samples: Lease Renewal Agreement (Embassy Bancorp, Inc.), Lease Renewal Agreement (Embassy Bancorp, Inc.)

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Rent Escalator. Consistent with the agreement of the parties and the prior Lease Renewal and Modification Agreement, on On each anniversary of the commencement of this first renewal term (and any subsequent renewal terms)term, the Base Rent shall increase by two percent (2%). 

Appears in 2 contracts

Samples: Lease Renewal and Modification Agreement (Embassy Bancorp, Inc.), Lease Renewal and Modification Agreement (Embassy Bancorp, Inc.)

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Rent Escalator. Consistent with the agreement of the parties and the prior Lease Renewal and Modification Agreement, on On each anniversary of the commencement of this first renewal term (and any subsequent renewal terms)term, the Base Rent shall increase by two percent (2%). .

Appears in 1 contract

Samples: Lease Renewal and Modification Agreement (Embassy Bancorp, Inc.)

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