REVIEWED RENT RESERVED IN PHASES. The Landlord and the Tenant may, at any time before the market rent is determined by an arbitrator settle the reviewed rent in more than one amount and agree to reserve the amounts increasing in phases until the next review date or, if none, the expiry of the Term.
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Samples: Lease (Reynard Motorsport Inc), Lease (Reynard Motorsport Inc)
REVIEWED RENT RESERVED IN PHASES. The Landlord and the Tenant may, at any time before the market rent is determined by an arbitrator expert settle the reviewed rent in more than one amount and agree to reserve the amounts increasing in phases until the next review date or, if none, the expiry of the Term.
Appears in 1 contract
Samples: Lease Agreement (Nexsan Corp)
REVIEWED RENT RESERVED IN PHASES. The Landlord and the Tenant may, may at any time before the market rent is determined by an arbitrator settle the amount of the reviewed rent in more than one amount and agree to reserve the amounts increasing it in phases until the next review date or, if none, the expiry of the Termphases.
Appears in 1 contract