Examples of Escalation Rate in a sentence
Commencing on the first anniversary of the Rent Commencement Date and on each anniversary of the Rent Commencement Date thereafter, Basic Annual Rent shall escalate at the Escalation Rate.
In the event that LESSOR receives an abatement or other concession by Manufacturer in respect of Manufacturer's Escalation Rate as a result of any delay, LESSOR will pass through such abatement or concession to LESSEE.
The Rent Proposal which is closest to the Escalation Rate, as determined by the arbitrator timely appointed, shall be used as the Escalation Rate for purposes of determining the increased amounts of Minimum Annual Rent required to be paid by Tenant to Landlord for the Demised Premises pursuant to this Lease with respect to the 2nd and each succeeding year of the applicable Extended Period.
Landlord and Tenant acknowledge and agree that the Basic Annual Rent during the extension term above shall be as set forth in the Original Lease, subject to the annual increases at the Escalation Rate.
Contract of Lease – Robinsons Land Corporation and US Auto Parts Network (Philippines) Corporation Escalation Rate : 5% per annum, beginning on the third year of the lease term.