TOS. This agreement represents a PERFORMANCE MASTER LEASE whereby no funds are disbursed from the Operator to the Owner unless the property is rented. All renters are “subleasing” the property from INET services, the holder of the master lease.
Appears in 1 contract
Sources: Master Lease Agreement
TOS. This agreement represents a PERFORMANCE MASTER LEASE whereby no funds are disbursed from the Operator to the Owner unless the property is rentedrented or sub-let. All renters are “subleasing” the property from INET services, the holder of the master lease.
Appears in 1 contract
Sources: Service Agreement