YEAR OPTION Sample Clauses

YEAR OPTION. (2) The tenancy created under this Agreement will be for a period of twenty (20) years and will commence on January 1, 2016 and end on December 31, 2035, unless sooner terminated in accordance with the terms of this Agreement.
YEAR OPTION. (2) The beginning monthly Base Rent under this Lease shall be $ which shall remain in effect until the first anniversary date (or rent adjustment date) which is January 1st of each calendar year. Each anniversary date, then current monthly Base Rent shall be adjusted based upon 100% of the annual increase in the Consumer Price Index (CPI) for the Los Angeles- Riverside- Orange County ▇▇▇▇ ▇▇▇▇ (▇▇▇▇-▇▇▇▇ = 100), utilizing the "All Urban Consumers" index as of the most recent month available at the time of the giving notice of the increase to Tenant. In no event shall the CPI rent adjustment under this paragraph be less than six and one-half (6.5) percent per month of the then last charged monthly Base rent. In the event that the CPI index is discontinued or revised, another governmental index then in existence shall be selected by Owner and used to obtain substantially the same result as if the CPI index had not been discontinued or revised
YEAR OPTION. The beginning monthly Base Rent under this Lease shall be $ which shall remain in effect until the first anniversary date (or rent adjustment date) which is January 1st of each calendar year. Each anniversary date, then current monthly Base Rent shall be adjusted based upon 100% of the annual increase in the Consumer Price Index (CPI) for the Los Angeles- Riverside- Orange County ▇▇▇▇ ▇▇▇▇ (▇▇▇▇-▇▇▇▇ = 100), utilizing the "All Urban Consumers" index as of the most recent month available at the time of the giving notice of the increase to Tenant. In no event shall the CPI rent adjustment under this paragraph be less than seven
YEAR OPTION. The rent is to be paid by the Tenant to the Landlord or his agent in advance on the 15th day of each and V every Month of the tenancy, the first of such payments to be made on March day 15th the year of 2006
YEAR OPTION. The beginning monthly Ba� . Rent nder this Lease shall be $475.00 which shall re111a111 111 effect u ntil the first anniversary date (or rent adju stment date) which is August 1st of each calendar year. Each anniversary date, then current monthly Base Rent shall be adjusted based upon I 00 of the annual increase in the C onsumer Price Index (CPI) for the Los Angeles- Riverside- Orange County area (1982-1984 = I 00) utilizing the "All Urban Consumers" index as of the most rece�t month available at the time of the giving notice of the increase to Tenant. In no event shall the CPI rent adjustment
YEAR OPTION. Aterminatedugust 1 2015 and end on July 31, 2035, unless soone. r be for a (p2e)riTohdeotfentwanecnytyc(r2e0at)eydeuarnsdearndthwisilAl gcorememmennct ewoilnl 111 accordance with the terms of this Agreement oAf.fsTeetn(awnitthwoiullt pwaayivaisngreCntivtioI COwodneerSwecitihoonut19de4d2u) catinodn 0o1r1 specified in Paragraph 3(B) below.
YEAR OPTION. In the first year of the option period the Monthly Rent will be 102% of the previous year’s Monthly Rent. Each year thereafter the Monthly Rent will increase by 2% annually. The rental period for each year in the 5 year option shall be twelve months long, starting on January 1st and ending on December 31st.
YEAR OPTION. Client may elect to secure a three-year fixed fee contract under the same terms and conditions as stated in this Agreement at a secured rate as follows: Initial: Fiscal Year 2023-2024 Costs - $2,400 Initial: Fiscal Year 2024-2025 Costs - $2,400 Initial: Fiscal Year 2025-2026 Costs - $2,400 Yes for three-year option NO for three-year option (Initials) (Initials)
YEAR OPTION. Base Rent for the second five year renewal option shall be determined as follows:
YEAR OPTION. While the specifics of tasks for a second year can be negotiated, we propose here 3 activities that can constitute the tasks that can be pursued of the second year as a follow up on this first year base effort. These tasks are: A) Extensions and Improvements, B) Incorporating GRID computing and security infrastructure, and C) Establishing a problem solving environment. All or some of these tasks can be carried out at a negotiated level of detail that would be consistent with the level of effort in that proposal. Based on the lessons learned from the benchmarking activities in year one, many opportunities will arise for improving the base system. Performance evaluations can even demonstrate which areas need further work. Furthermore, additional desirable features that can be feasible to include as they provide generous performance and usability return for moderate effort will be also considered. Examples of the features to be examined for possible incorporation into the base system are: checkpointing and recovery, job migration and load balancing, priority scheduling, improved user interface, and remote data input/output and display.