Rental Escalation Sample Clauses

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. Beginning with the first anniversary of the Rent Commencement Date and on each annualanniversary hereafter throughout the remainder of the lease and renewal term if any, the Annual Rent shall be increased by an amount equal to three percent (3%) of the previous year’s rent, which sum shall be payable to Landlord in equal monthly installments in advance as set forth herein.

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 general maintenance, maintenance of the common areas (including but not limited to landscape and irrigation maintenance, exterior lighting and utilities, and parking lot cleaning and repairs) water, sewer, and drainage charges, waste removal, building and roof repairs, real property taxes and assessments, fire, casualty and liability insurance and management for the project. In the event that during the lease term said operating expenses for 1997 or any succeeding calendar year exceed BASE YEAR 1996 EXPENSES ("base expense rate") for the net rentable area of the project (as defined in paragraph 1(c) hereof), Tenant, within thirty (30) days after written notification of the foregoing by Landlord, shall: (a) Pay to Landlord Tenant's proportionate share ( 8.32 %) of such increase for the year in question, said proportionate share being defined to mean a fraction, the numerator of which is the square footage of the premises set out in paragraph 1(c), and the denominator of which is the total net rentable area of the project also set out in paragraph 1(c). The product resulting from the application of such fraction to the increase shall constitute the amount of additional rent Tenant shall pay. Landlord may apply all or part of Tenant's security deposit to satisfy the additional rent called for hereunder, and following any such application, Tenant shall on demand pay to Landlord the amount so applied in order to restore the security deposit to the original amount. (b) Additionally, beginning January 1 of the calendar year next following any year in which Tenant is obligated to pay its proportionate increase set out in subparagraph 4(a) above, the basic rental per month set out in paragraph 1(e) shall be increased by an amount equal to the additional rent determined in accordance with subparagraph 4(a) above divided by twelve. Any such additional rent collected shall be applied to any increase over the base expense rate for the calendar year in which the additional rent is paid. After the end of every calendar year Landlord will deliver to Tenant a statement including (i) the previous calendar year's operating expenses (as defined in paragraph 4). (ii) Tenant's proportionate share of any increases. (iii) the adjustment, if any, reflecting the additional rent p...

Rental Escalation. 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. 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. 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. Lessee agrees to pay its pro rata share of the operating expenses, which is estimated to be $N/A psf/mo. or $N/A per month. In the event the operating expense (as defined below) of Lessor upon the land and building, including parking area, of which the leased premises are a part, shall, in any calendar year during the term of this Lease, exceed the estimated expenses. Lessee agrees to pay as additional rental Lessee’s pro rata share of such excess operating expenses. Lessor shall, within four (4) months following the close of any calendar year for which additional rental is due under this paragraph, give written notice to Lessee; provided, however, Lessor may, within thirty (30) days prior to the termination of this Lease, estimate Lessee’s pro rata share of the excess operating expenses for that calendar year and give written notice of the additional rental to Lessee. The notice shall include a computation of the additional rental in reasonable detail, and Lessee agrees to make payment of the additional rental to Lessor within thirty (30) days following receipt of such notice. Lessee shall have the right, at its expense and at a reasonable time, to audit Lessor’s books relevant to additional rentals due under this paragraph. The term “operating expenses” as used in paragraph 8 of the Lease Agreement includes all expenses incurred with respect to the maintenance and operation of the building and/or project of which the leased premises are control, management fees, wages and fringe benefits payable to employees of Lessor whose duties are connected with the operation and maintenance of the building and/or project, all services, supplies, repairs, replacements, or other expenses for maintaining and operating the building and/or project including common area and plaza area maintenance. The term “operating expenses” also includes all real property taxes and installments of special assessments, including special assessments due to deed restrictions and /or owners associations, which accrue against the building and /or project which the leased premises are a part of during the term of this Lease as well as all insurance premiums Lessor is required to pay or deems necessary to pay, including public liability insurance, with respect to the building or the project. The term “operating expense” does not include capital improvements to the building and/or project of which the leased premises are a part, nor shall it include repairs, restoration or other occasioned by ...

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".