Annual Rent Increase definition

Annual Rent Increase means the sum of the product of the Investment Amount as of the Rent Adjustment Date times the applicable Increaser Rate.
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Annual Rent Increase means an annual rent increase authorized pursuant to section 22 of the Residential Rental Regulation and the Residential Tenancy Act.”
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Annual Rent Increase means, as of any Rent Adjustment Date, the product of [i] the applicable portion of the Base Rent in effect for the year preceding the Rent Adjustment Date times [ii] the applicable Increaser Rate. In no event will the Annual Rent Increase be negative.
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Examples of Annual Rent Increase in a sentence

  • Figure 2 maps the many Bay Area communities at risk of displacement .References and Models Action Plans 1 .1, 1 .2, 1 .3; Existing State Anti-Gouging Law in States of EmergencyDETAILED PROPOSALCap on Annual Rent Increase For an emergency period (15 years), no landlord should increase rent by more than CPI+5% in any year of tenancy .

  • The ability of employers within Profile 4 to avoid paying income tax and making insurance payments enabled them to ensure greater pay for workers and minimize poverty.

  • In the event that the CPI decreases by more than two percent (2%) in any year, said decrease shall be subtracted from the following annual Rent Increase allowable pursuant to this section, unless the amount of the decrease is larger than the following annual Rent Increase, in which case the Rent Increase for the following year will be zero.B. Notice of Allowable Annual Rent Increase.

  • All such rent increases will take effect on each Annual Rent Increase Date, unless provided otherwise in this Agreement.

  • Figure 2 maps the many Bay Area communities at risk of displacement.References and Models Action Plans 1.1, 1.2, 1.3; Existing State Anti-Gouging Law in States of EmergencyDETAILED PROPOSALCap on Annual Rent Increase For an emergency period (15 years), no landlord should increase rent by more than CPI+5% in any year of tenancy.

  • CPI Decrease: In the event that the CPI decreases, no Rent decrease shall be required pursuant to this Section.B. Notice of Allowable Annual Rent Increase.

  • Notice of Annual Rent Increase Required; Submission of Rent Rolls § 112-5.

  • Typical provisions, and their rationale, follow: 1) Annual Rent Increase: automatic 100% CPI plus pass-throughs [Comment: Some jurisdictions use partial indexing, e.g. 65% CPI.

  • The HR&A Policy Issue onRSC: April 6, 2022RSO Surcharges; maximum rent increase Page 2 Maximum Annual Rent Increase Policies (HR&A report) is provided in Attachment A.

  • The first rent increase provision at issue is paragraph 4.2, which provides for annual rent increases as follows: "Resident's rent will increase on each anniversary of the Rent Commencement Date as referred to in the Abstract, (referred to in this Agreementas the "Annual Rent Increase Date") by the Consumer Price Index formulas, as referred to in the Abstract and as explained below, plus any amounts of Cost or Expense as set forth in paragraph 4.3 of this Agreement.


More Definitions of Annual Rent Increase

Annual Rent Increase. The Monthly Base Rent shall be increased beginning on the first anniversary of the Commencement Date and on each anniversary thereafter by a sum equal to 4% of the Monthly Base Rent for the last month of the previous year or the increase in the CPI Index during the prior year, whichever is greater. "CPI Index" means the "Consumer Price Index for Urban Wage Earners and Clerical Workers, Revised Series, CPI-W (all items 1982-1984=100) published by the Bureau of Labor Statistics, United States Department of Labor, or any successor to such agency for the standard metropolitan statistical area in which the Premises are located. If the CPI Index shall cease to be published, Landlord shall replace it for purposes of this Lease with a reasonable substitute index. If the CPI Index shall be reconstituted or the basis for its calculation shall be changed, then the new index shall be employed under this Lease.
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Annual Rent Increase. The monthly rental fee is subject to an annual -------------------- increase of 6% commencing on January 1 of each year without further notice to Lessee.
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Annual Rent Increase means, as of any Rent Adjustment Date, the product of [i] the Investment Amount as of the Rent Adjustment Date times [ii] the applicable Increaser Rate; provided, however, that for any Lease Year in which the Increaser Rate is .27%, the Annual Rent Increase means the foregoing amount plus the product of [a] the Investment Amount as of the Rent Adjustment Date times [ii] the applicable Rate Shortfall up to the amount of the CPI Rate Change as of the Rent Adjustment Date. In no event will the Annual Rent Increase be negative.
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Related to Annual Rent Increase

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Annual Rent means the annual fixed rent to be paid to the Lessor by the Lessee under Section 5 of this Lease.

  • Base Rent As defined in Section 3.1.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Merit Increase means an increase in the rate of pay of an employee within the employee’s pay range which may be granted in recognition of satisfactory service on the employee’s anniversary date.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Annual increase means, initially, fifty-nine cents per month

  • Incremental Operating Costs means the incremental expenses incurred by the Recipient’s implementing agencies on account of Project implementation, management, and monitoring, including office space rental, utilities, and supplies, bank charges, communications, advertising, vehicle operation, maintenance, and insurance, building and equipment maintenance costs, travel and supervision costs, and salaries of supporting staff, but excluding salaries of officials of the Recipient’s civil service.

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.