Common use of Rental Rates Clause in Contracts

Rental Rates. In accordance with the provisions of the Plan or as otherwise directed by Owner, Pinnacle may establish and set or revise all rents, fees or other deposits, and all other charges chargeable with respect to the Project. Pinnacle shall be authorized to promote the occupancy of the Project by granting rental concessions and other promotional bonuses to prospective and current tenants, after first consulting with Owner as to the nature, quantity and duration of such rental concessions and promotional bonuses.