Common use of Rental Adjustments Clause in Contracts

Rental Adjustments. If the market rent shall not have been agreed or determined in accordance with the provisions of this clause before the relevant review date then until the market rent shall have been so agreed or determined the Tenant shall continue to pay on account rent at the rate of yearly rent payable immediately before the relevant review date and when the market rent shall have been agreed or determined the Tenant shall forthwith pay to the Landlord all arrears of the reviewed rent which shall have accrued together with interest calculated as being 3 per cent below the rate of Interest specified herein upon the arrears in respect of the period commencing on the relevant review date and ending with the payment of the arrears by the Tenant to the Landlord.

Rental Adjustments. If the market rent shall not have been agreed or determined in accordance with the provisions of this clause before the relevant review date then until the market rent shall have been so agreed or determined the Tenant shall continue to pay on account rent at the rate of the yearly rent payable immediately before the relevant review date and when the market rent shall have been agreed or determined the Tenant shall within 7 days forthwith pay to the Landlord the reviewed element of rent then falling due in respect of the earlier period and all arrears of the reviewed rent which shall have accrued together with interest calculated as being 3 per cent below the rate of Interest specified herein upon the arrears such payments in respect of the period commencing on the relevant review date and ending with the payment of the arrears such payments by the Tenant to the Landlord.

Rental Adjustments. If the market rent shall not have been agreed or determined in accordance with the provisions of this clause before the relevant review date then until the market rent shall have been so agreed or determined the Tenant shall continue to pay on account rent at the rate of yearly rent payable immediately before the relevant review date and when the market rent shall have been agreed or determined the Tenant shall forthwith pay to the Landlord all arrears of the reviewed rent which shall have accrued together with interest calculated as being 3 3% per cent below the rate of Interest specified herein upon the arrears in respect of the period commencing on the relevant review date and ending with the payment of the arrears by the Tenant to the Landlord.

Rental Adjustments. 6.7.1 If the market rent shall not have been agreed or determined in accordance with the provisions of this clause before the relevant review date then until the market rent shall have been so agreed or determined the Tenant shall continue to pay on account rent at the rate of yearly rent payable immediately before the relevant review date and when the market rent shall have been agreed or determined the Tenant shall forthwith pay to the Landlord all arrears of the reviewed rent which shall have accrued together with interest calculated as being 3 per cent below the rate of Interest specified herein upon the arrears in respect of the period commencing on the relevant review date and ending with the payment of the arrears by the Tenant to the Landlord.