Rent Adjustment Date definition

Rent Adjustment Date. The first day of each Extended Term.
Rent Adjustment Date means the [fifth (5th)] anniversary of the First Rent Payment Date, and each date which falls on each [four (4)] year anniversary thereof.
Rent Adjustment Date means each anniversary of the Commencement Date; provided, however, upon the addition of a Facility to the Leased Property after the Commencement Date, this date will be adjusted by Landlord to take into account the Amendment Commencement Date for the added Facility and provide for one Rent Adjustment Date that is applicable for all Facilities during the Term.

Examples of Rent Adjustment Date in a sentence

  • The product of such multiplication shall be added to the Basic Rent in effect immediately prior to such Basic Rent Adjustment Date.

  • Landlord reserves the right to reasonably re-estimate and modify the Estimated Annual Tax, Insurance and Utility Charge by notice to Tenant once annually on the Additional Rent Adjustment Date (as defined in Section 4.2.4 hereof), and Tenant's payments shall thereupon be adjusted accordingly.

  • As of each Rent Adjustment Date, Landlord shall calculate the Annual Rent Increase and shall deliver the revised Rent Schedule to Tenant no later than 30 days after the Rent Adjustment Date.

  • On each Rent Adjustment Date, the Annual Space Rent will be adjusted as follows: if the Comparison Index shall exceed the Base Index, then the Annual Rent with respect to the upcoming Lease Year shall be increased to equal the following amount: Notwithstanding anything to the contrary herein, in no event will the Annual Space Rent for any Lease Year of the Term be lower than the Annual Space Rent with respect to the prior Lease Year.

  • As of each Rent Adjustment Date, Landlord shall promptly calculate the Annual Rent Increase and shall deliver the revised Rent Schedule to Tenant no later than 30 days after the Rent Adjustment Date.


More Definitions of Rent Adjustment Date

Rent Adjustment Date. The first day of any of the Extended Terms.
Rent Adjustment Date has the meaning set forth in Section 4.1 of this Lease.
Rent Adjustment Date. Each ___ anniversary of the Commencement Date during the Term of the Lease, including, without limitation, any Extended Terms.
Rent Adjustment Date. For each Lease Year, except the first (1st) Lease Year, the first (1st) day of such Lease Year.
Rent Adjustment Date means, for all Facilities, July 1, 2002 and each July 1 thereafter.
Rent Adjustment Date shall have the meaning set forth in -------------------- Section 3.03.
Rent Adjustment Date is defined in Section 1.1 herein.