Rent Adjustments Clause Example from Business Contracts

This example Rent Adjustments clause appears in 2 contracts from 2 companies

Rent Adjustments. Base Rent shall be subject to an annual upward adjustment of two and one-half percent (2.5%) of the then-current Base Rent. The first such adjustment shall become effective commencing on the first (1st) annual anniversary of the Term Commencement Date, and subsequent adjustments shall become effective on every successive annual anniversary for so long as this Lease continues in effect.
Found in GLYCOMIMETICS INC contract
GLYCOMIMETICS INC Contracts

LEASE by and between BMR-MEDICAL CENTER DRIVE LLC, aDelaware limited liability company and GLYCOMIMETICS, INC., a Delawarecorporation TABLE OF CONTENTS (Filed With SEC on July 28, 2014)

Juno Therapeutics, Inc. Contracts

LEASE by and between BMR-217TH PLACE LLC, a Delaware limited liability company and JUNO THERAPEUTICS, INC., a Delaware corporation Table of Contents (Filed With SEC on February 9, 2015)