Common use of Increases in Base Rent Clause in Contracts

Increases in Base Rent. On the first anniversary of the first calendar month following the date in which the Full Delivery Date occurs, and on each annual anniversary thereof during the Sublease Term, the Base Rent payable by Subtenant shall be increased by an amount equal to 2.125% multiplied by the Base Rent (as adjusted pursuant to this subparagraph) payable during the last month of the immediately preceding Sublease Year.