Common use of Additional Premium for Additional Benefits Clause in Contracts

Additional Premium for Additional Benefits. If the Lessee derives any additional benefit from the Leased Land on account of amendments in the development plan, development rules such as additional floor area ratio or change in use or any concession whatsoever which may be financially beneficial to the Lessee, the Authority shall have power to charge additional premium and/or fees, at the rate decided by it and proportionate increase in the annual Lease Rent.

Additional Premium for Additional Benefits. If the Lessee derives any additional benefit from the Leased Land on account of amendments in the development plan, development rules such as additional floor area ratio or change in use or any concession whatsoever which may be financially beneficial to the Lessee, the Authority shall have power to charge additional premium and/or fees, at the rate decided by it and proportionate increase in the annual Annual Lease Rent.

Additional Premium for Additional Benefits. If the Lessee derives any additional benefit from the Leased Land on account of amendments in the development plan, development rules such as additional floor area ratio or change in use or any concession whatsoever which may be financially beneficial to the Lessee, the Authority shall have power to charge additional premium and/or fees/charges, at the rate decided by it and proportionate increase in the annual Annual Lease Rent.