Common use of GRANT OF Clause in Contracts

GRANT OF. PERMIT The Port grants to Tenant a permit to moor the vessel designated herein at Cap Sante Marina, Anacortes, Washington, hereinafter referred to as “Marina”, on a month-to-month basis for the monthly rate designated herein, plus any applicable taxes, charges, and/or commission adopted rate increase. Moorage, taxes and all applicable charges shall be paid monthly to the Port until this agreement is terminated and/or expired. Any unpaid fees will be subject to an interest charge equal to 18% per annum. Initials 2.

GRANT OF. PERMIT The Port grants to Tenant a permit to moor the vessel designated herein at Cap Sante Marina, Anacortes, Washington, hereinafter referred to as “Marina”, on for a month-to-month basis period of 12 months for the monthly rate designated herein, plus any applicable taxes, charges, and/or commission adopted rate increase. Moorage, taxes and all applicable charges shall be paid monthly to the Port until this agreement is terminated and/or expired. Any unpaid fees will be subject to an interest charge equal to 18% per annum. Initials 2.