Rent Option. The Base Monthly Rental payable by Tenant during the option period shall be an amount equal to 102% of the Base Monthly Rental payable during the final month of the Lease Term, and shall be increased annually on each anniversary thereafter, by an amount equal to 2.00% of the Base Monthly Rental for the preceding year.
Appears in 6 contracts
Samples: Lease Agreement (BioMed Realty Trust Inc), Lease Agreement (Human Genome Sciences Inc), Lease Agreement (BioMed Realty Trust Inc)
