Common use of Stage Five Clause in Contracts

Stage Five. Commencing upon the end of Stage Four as defined above, and continuing until the end of the Term (as defined in Section 3.1 above) of this Agreement, the Annual Service Charge (if applicable) shall be the greater of (i) the amount established in accordance with Section 4.2 or (ii) 80% percent of the amount of real estate taxes otherwise due on the value of the Land and Improvements.

Appears in 5 contracts

Samples: Financial Agreement, Financial Agreement, Financial Agreement

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