Rental Escalation. See Exhibit "B" attached hereto and incorporated as a part hereof.
Rental Escalation. Base Rental is subject to the following escalation adjustments (if none, indicate so by writing "NONE" below): -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- --------------------------------------------------------------------------------
Rental Escalation. 2. Beginning with the first anniversary of the Commencement Date and each annual anniversary thereafter throughout the remainder of the Lease and renewal term(s), if any, the Annual Rent shall be increased by an amount equal to three percent (3%) of the previous year’s Annual Rent (the “Annual Rent Increases”), which sum shall be payable in equal monthly installments in advance as hereinafter set forth.
Rental Escalation. For the second Lease Year and for each Lease Year thereafter, Tenant shall pay in equal monthly installments as rental for the Demised Premises the annual rental set forth in Article 4 increased to one hundred three percent (103%) of the annual rental applicable during the immediately preceding Lease Year. With the first monthly payment of rental during a Lease Year which is due at least fifteen (15) days after tenant's receipt of a statement (the "Escalation Statement") from Landlord specifying the monthly rental payable during such Lease Year (computed as aforesaid) , Tenant shall pay the monthly rental specified therein for such month and, in addition, shall pay the difference for all prior months of such Lease Year between the monthly rental so specified and the monthly rental which Tenant was theretofore required to pay for such prior months. Thereafter, Tenant shall pay the monthly rental specified in the Escalation Statement until the first monthly rental payment due at least fifteen (15) days after Tenant receives the next Escalation Statement-, when Tenant shall make the payments specified in the preceding sentence. For purposes of this Lease, if the Lease Commencement Date occurs on the first day of a calendar month, the first, Lease Year is the twelve (12)-month period commencing on such day, and if the Lease Commencement Date occurs on other than the first day of a calendar month, the first Lease Year is the twelve (12) -month period commencing on the first day of the first calendar month after the Lease Commencement Date. Each subsequent Lease Year shall begin on the annual anniversary of the commencement of the first Lease Year.
Rental Escalation. In addition to the adjustment to the monthly rent for increases in Real Estate Taxes and Operating Expenses as specified in Article 6, Tenant's Base Year Rental will be increased in the beginning of the second (2nd) Lease year, and upon the anniversary of each Lease year thereafter, at Three percent (3%) per annum.
Rental Escalation. Rental amount and CAM charges shall escalate at the beginning of the 2nd year, at CPI or 3% per annum, which ever is higher.
Rental Escalation. The basic rental payable under paragraph 1(e) hereof is based on factors existing during the calendar year in which the lease commences ("base year"), said factors including operating expenses which include landscape, general maintenance, repairs, real property taxes, fire, casualty and liability insurance, and management for the project. Expenses for landscape, general maintenance and repairs shall not exceed a five percent (5%) increase per year during the lease term. In the event that during the lease term said operating expenses for 1991 or any succeeding calendar year exceed 1990 base year expenses ("base expense rate") for the net rentable areas of the project (as defined in paragraph 1(c) hereof), Tenant within thirty (30) days after written notification of the foregoing by Landlord, shall:
Rental Escalation. On the "Adjustment Date", which is the Commencement Date plus the "Adjustment Period", the monthly rental, hereinabove established, shall be adjusted every twelve (12) months (Adjustment Period) after the Commencement Date of this Lease based on the percentage increases in the U.S. Department of Labor Consumer's Price Index for U.S. City Average All Urban Consumers, All items, as measured over the period of time beginning two (2) months prior to the Commencement Date and continuing through two (2) months prior to the Adjustment Date. Subsequent adjustments shall be based upon the increase in the CPI over that period of time beginning two (2) months prior to the previous adjustment date and continuing through two (2) months prior to the next "Adjustment Date". However, in no event shall the monthly rental or total rental be less than the amount of monthly and total rental set forth herein.
Rental Escalation. Commencing on the first anniversary of the Initial ----------------- and Additional Lease Commencement Date, the respective Base Rent shall be increased by three percent (3%). Such increased Base Rent shall thereafter be known as the Annual Rent. On each subsequent anniversary of the respective Lease Commencement Date during the term of the Lease, Annual Rent in effect shall be increased by three percent (3%).
Rental Escalation. (a) The Basic Rental includes a component equal to the "Base Expense Rate" (as defined in subsection l(f) hereof). In the event that the Operating Expenses (HEREINAFTER DEFINED) per rentable square foot for any calendar year during the Lease Term, exceed the Base Expense Rate, then Tenant shall be obligated to pay to Landlord Tenant's Pro Rata Share of the amount by which such Operating Expenses exceed the Base Expense Rate. All amounts which Tenant is obligated to pay to Landlord under the terms of this Lease which are not Basic Rental are herein called "Additional Rent". Basic Rental, Additional Rent and all other sums required to be paid to Landlord by Tenant under this Lease shall constitute rent and are sometimes collectively referred to as "Rent".
