Common use of Rent Adjustments for Water-Dependent Uses Clause in Contracts

Rent Adjustments for Water-Dependent Uses. (a) Inflation Adjustment. State shall adjust water-dependent rent annually pursuant to RCW 79.105.200-.360, except in those years in which State revalues the rent under Paragraph 4.5(b) below. This adjustment will be effective on the anniversary of the Commencement Date.

Appears in 4 contracts

Samples: Aquatic Lands Lease, Aquatic Lands Lease, Aquatic Lands Lease

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