Common use of Stage Five Clause in Contracts

Stage Five. (year 30): The Annual Service Charge shall be the amount determined pursuant to Section 4.2(a) of this Agreement, or eighty (80%) per cent of the amount of taxes otherwise due on the value of the Land and Improvements, whichever is greater.

Stage Five. (For the 25th year 30): The of the Agreement, the Annual Service Charge shall be the amount determined pursuant to established in accordance with Section 4.2(a) 4.03 or 4.04 of this the Agreement, as applicable, or eighty (80%) per cent % of the amount of the taxes otherwise due on the value of the Land and Improvements, whichever is greater.

Stage Five. For the twenty-fifth (year 30): The 25th) year, the Annual Service Charge shall be the amount determined pursuant to established in accordance with Section 4.2(a) 4.03 or 4.04 of this the Agreement, as applicable, or eighty percent (80%) per cent of the amount of the taxes otherwise due on the value of the Land and Improvements, whichever is greater.