Common use of Adjustment Dates Clause in Contracts

Adjustment Dates. In order to adjust the annual Ground Rent for ---------------- each parcel the fair market land value of each parcel and the prevailing rate of return shall be determined in the tenth (10th) year after commencement of payment of the full Ground Rent for such parcel, and adjusted Ground Rent payments shall take effect on the first (1st) day of the eleventh (11th) year. The fair market land value and prevailing rate of return for each parcel shall be determined in the year 2000, with respect to Ground Rent payable commencing January 1, 2001, and every five (5) years thereafter, and the Ground Rent shall be adjusted accordingly on the first (1st) day of each sixth (6th) year. Said dates of adjustment of Ground Rent shall be referred to for convenience as "adjustment dates".

Adjustment Dates. In order to adjust the annual Ground ---------------- Rent for ---------------- each parcel (or the entire Premises, if not divided into parcels), the fair market land value of each parcel and the prevailing rate of return shall be determined in the tenth (10th) year after commencement of payment of the full Ground Rent for such parcel, and adjusted Ground Rent payments shall take effect on the first (1st) day of the eleventh (11th) year. The fair market land value and prevailing rate of return for each parcel shall also be determined in the year 2000, with respect to Ground Rent payable commencing January 1, 2001, and every five (5) years thereafter, and the Ground Rent shall be adjusted accordingly on the first (1st) day of each sixth (6th) year. Said dates of adjustment of Ground Rent shall be referred to for convenience as "adjustment dates".

Adjustment Dates. In order to adjust the annual ---------------- Ground Rent for ---------------- each parcel parcel, the fair market land value of each parcel and the prevailing rate of return shall be determined in the tenth (10th) year after commencement of payment of the full Ground Rent for such parcel, and adjusted Ground Rent payments shall take effect on the first (1st) day of the eleventh (11th) year. The fair market land value and prevailing rate of return for each parcel shall be determined in the year 2000, with respect to Ground Rent payable commencing January 1, 2001, and every five (5) years thereafter, and the Ground Rent shall be adjusted accordingly on the first (1st) day of each sixth (6th) year. Said dates of adjustment of Ground Rent shall be referred to for convenience as "adjustment dates".