Rent Adjustment Dates definition

Rent Adjustment Dates means each and every December 1 during the Term.
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Rent Adjustment Dates. The Rent Adjustment Dates shall be the fifth, tenth, and fifteenth anniversary dates of the Commencement Date.
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Rent Adjustment Dates means (A) the first (1st) day of the twelfth (12th) full calendar month following the month in which the Rent Commencement Date occurs (the “Initial Adjustment Date”), and (B) each anniversary of the Initial Adjustment Date during the Initial Term, but excluding any anniversary of the Initial Adjustment Date during an Extension Period.
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Examples of Rent Adjustment Dates in a sentence

  • If the parties have not so agreed by the applicable Rent Adjustment Dates, the determination shall be made by appraisal as more specifically provided in Section 2.2 (c) below.

  • However, if the Rent Escalation Condition has not been met as of one or more Rent Adjustment Dates, the Initial Rate for the next Lease Year with respect to which the Rent Escalation Condition is satisfied shall be determined as if the Rent Escalation Condition had been satisfied as of all previous Rent Adjustment Dates and the Initial Rate had escalated pursuant to, and in accordance with, this §2(a) for all prior periods.

  • Term (Section 3.1): Estimated commencement date: June 1, 2008; Expiration date: May 31, 2013 Base Rent (Section 4.1): Monthly Base Rent: $ 2,100.00 Rent Adjustment Dates (Section 4.2): The Base Rent shall be adjusted on the first anniversary of the commencement date as set forth in Section 3.1 hereof, and each successive anniversary date during the term.

  • The foregoing shall not prevent cumulative increases or decreases of either Percentage Rent Multiplier by more than 10% over multiple Percentage Rent Adjustment Dates.

  • Effective as of the first day of the eleventh (11th), twenty-first (21st), thirty-first (31st), forty-first (41st) and fifty-first (51st) Years of the Lease Term and, if the Lease Term is extended pursuant to Section 2.4.2, as of the commencement of each Option Term (the "Rent Adjustment Dates"), the Monthly Rent shall be adjusted in accordance with Sections 3.1.3.1 through 3.1.3.3, below.

  • The parties written agreement within ninety (90) days before the applicable Rent Adjustment Dates shall be a conclusive determination between the parties of the fair market value for the period to which the adjustment applies.