Common use of Rental Escalation Clause in Contracts

Rental Escalation. Beginning on the first Anniversary Date of the Lease Commencement Date and on each Anniversary Date thereafter throughout the remainder of the Term, the then Annual Rent shall increase by an amount equal to two and one-half percent (2.5%) of the previous year’s Annual Rent, which sum shall be payable in equal monthly installments in advance as hereinafter set forth.

Appears in 1 contract

Samples: Full Service Office Building Lease Agreement (Instructure Inc)

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Rental Escalation. Beginning on with the first Anniversary Date anniversary of the Lease Commencement Date and on each Anniversary Date annual anniversary thereafter throughout the remainder of the TermLease and renewal term(s), if any, the then Annual Rent shall increase be increased by an amount equal to two and one-half three percent (2.53%) of the previous year’s Annual RentRent (the “Annual Rent Increases”), which sum shall be payable in equal monthly installments in advance as hereinafter set forth.

Appears in 1 contract

Samples: Lease Agreement (Universal Security Instruments Inc)

Rental Escalation. Beginning on with the first Anniversary Date anniversary of the Lease Rent Commencement Date and on each Anniversary Date thereafter annualanniversary hereafter throughout the remainder of the Termlease and renewal term if any, the then Annual Rent shall increase be increased by an amount equal to two and one-half three percent (2.53%) of the previous year’s Annual Rentrent, which sum shall be payable to Landlord in equal monthly installments in advance as hereinafter set forthforth herein.

Appears in 1 contract

Samples: Lease Agreement (Boston Biomedica Inc)

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Rental Escalation. Beginning on with the first Anniversary Date anniversary of the Lease Commencement Date commencement date of the Term and on each Anniversary Date thereafter anniversary hereafter throughout the remainder of the TermLease and renewal term, if any, the then Annual Rent shall increase be increased by an amount equal to two and one-half three percent (2.53%) of the previous year’s Annual Rent, which sum shall be payable in equal monthly installments in advance as hereinafter set forth.

Appears in 1 contract

Samples: Early Occupancy Agreement (Inpixon)

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