Common Contracts
1 similar Concession Agreement contracts
Concession Agreement #LE17-002 Leonardo State MarinaConcession Agreement • May 18th, 2017
For each Renewal Term, the Term Fee shall be as follows: the Term Fee from the Term immediately prior, plus three (3%) percent, except, that after the second (2nd) Renewal Term, if any, Department may increase the Term Fee pursuant to a Compensation Analysis performed in accordance with Paragraph 5. The Term Fee for each Renewal Term, if any, will be calculated by Department and shall be rounded up to the closest dollar. Department will provide an updated payment schedule for each Renewal Term if any, as follows:
