Common use of Community Benefit Rate Payment for Cultivation Clause in Contracts

Community Benefit Rate Payment for Cultivation. For mixed light cultivation activities Permittee shall pay the greater of the applicable annual rate per square foot of canopy set forth in Table 1 below or the amount stated in paragraph 3.1.2 below. Table 1 Annual Rate* Area of Canopy $25,000 Up to 5,000 sq.ft. $55,000 5,001 to 10,000 sq.ft. $132,000 10,001 to 22,000 sq.ft. *Rate subject to CPI adjustment per paragraph 3.3 below.

Community Benefit Rate Payment for Cultivation. For mixed light indoor cultivation activities Permittee shall pay the greater of the applicable annual rate per square foot of canopy set forth in Table 1 2 below or the amount stated in paragraph 3.1.2 3.2.2 below. Table 1 2 Annual Rate* Area of Canopy $25,000 30,000 Up to 5,000 sq.ft. $55,000 70,000 5,001 to 10,000 sq.ft. $132,000 176,000 10,001 to 22,000 sq.ft. *Rate subject to CPI adjustment per paragraph 3.3 below.