ContractLease Agreement • January 10th, 2020
Contract Type FiledJanuary 10th, 2020Example (2). The facts are the same as in example (1) except that the chemical plant and the steam plant are the subject of sepa- rate leases. For purposes of section 168(f)(8)(B)(iii)(II) and § 5c.168(f)(8)–5 (b), the maximum term of the lease with respect to the chemical plant is 14.25 years (150 percent of 9.5 years) and the maximum term of the lease with respect to the steam plant is 33 years (150 percent of 22 years).