Examples of Annual Basic Rent Factor in a sentence
Assume the Base Assumptions in Table One above which show that (i) the Renewal Premises includes space at four Properties, (ii) the Renewal Premises at two of the Properties includes FMRV Space (iii) the Annual Basic Rent Factor for the applicable Renewal Term as set forth on Schedule 1 to the Lease is $9.00 per RSF.
Assume the Base Assumptions in Table One above which show that (i) the Renewal Premises includes space at four Projects, (ii) the Renewal Premises at two of the Projects includes FMRV Space (iii) the Annual Basic Rent Factor for the applicable Renewal Term as set forth on Schedule 1 to the Lease is $9.00 per RSF.
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At Closing and again, if necessary, following Landlord’s re-measurement of the Buildings pursuant to the Measurement Standard, Landlord and Tenant shall re-calculate the Annual Basic Rent Factor as the annual rental rate, per square foot of Net Rentable Area, calculated as the quotient of (i) the aggregate of the Property Amounts for all Properties subject to this Lease, divided by (ii) the aggregate Net Rentable Area of the Leased Premises.
Notary Public [NOTARIAL SEAL] My Commission Expires:_______________ Exhibit A to Non Disturbance and Attornment Agreement Property Description Schedule 1 [TO FORM OF SEPARATE LEASE] Annual Basic Rent Factor Table Lease Years Increase Factor Annual Basic Rent Factor Comm.
Annual Basic Rent shall be adjusted from time to time each time there is a change in the Annual Basic Rent Factor or in Tenant’s Occupancy Percentage for the Property.
TABLE ONE - BASE ASSUMPTIONS: A B C D Property Non-FMRV Renewal Space FMRV Space Total Renewal Premises NRA (A + B) Annual Basic Rent Factor Property A 85,000 RSF 15,000 RSF 100,000 RSF $ 9.00/RSF Property B 25,000 RSF None 25,000 RSF $ 9.00/RSF Property C 40,000 RSF 10,000 RSF 50,000 RSF $ 9.00/RSF Property D 75,000 RSF None 75,000 RSF $ 9.00/RSF Illustration One Aggregate FMRV for Non-FMRV Renewal Space is greater than the Maximum Renewal Term Basic Rent for the Non-FMRV Renewal Space.
TABLE ONE - BASE ASSUMPTIONS: A B C D Project Non-FMRV Renewal Space FMRV Space Total Renewal Premises NRA (A + B) Annual Basic Rent Factor Project A 85,000 RSF 15,000 RSF 100,000 RSF $ 9.00/RSF Project B 25,000 RSF None 25,000 RSF $ 9.00/RSF Project C 40,000 RSF 10,000 RSF 50,000 RSF $ 9.00/RSF Project D 75,000 RSF None 75,000 RSF $ 9.00/RSF Illustration One Aggregate FMRV for Non-FMRV Renewal Space is greater than the Maximum Renewal Term Basic Rent for the Non-FMRV Renewal Space.