Common use of Remaining Term Clause in Contracts

Remaining Term. On the first day of the first full agreement year, the MAG will be adjusted by multiplying 85% by the total rental received by DOT (consisting of rental amounts actually received and which DOT is entitled to receive) during the first eight month period plus US$13.36 million [US$3.34 million multiplied by four months]. No other MAG adjustments will be permitted during the first full agreement year or the second full agreement year.

Appears in 4 contracts

Samples: www.moodiedavittreport.com, www.moodiedavittreport.com, www.moodiedavittreport.com

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