Laserfiche WebLink
<br /> 1. RENT. A rental fee of five cents ($ .05) per square foot per <br /> year for the Premises. <br /> 2. FEES. (a) A sum equal to 1% of gross sales on all aircraft <br /> maintenance and repairs sold by Lessee, excluding manufactured goods <br /> and services, up to a maximum average total payment of $.25 per square <br /> foot per year. (b) A sum equal to 1% per gallon on all aviation fuel <br /> sold by Lessee. For the purposes of this Agreement, fuel delivered to <br /> Lessee shall be considered as fuel sold. <br /> B. PAYMENTS <br /> 1. The rental payment specified in Paragraph A.l above, shall be <br /> paid monthly In advance in the sum of $270.26 per month, the first <br /> payment to be made on or before the first day of the month following <br /> the month of the approval by the City of San Marcos of the plans for <br /> construction and a like payment to be made within 10 days after the <br /> first day of each month thereafter during the term of this Agreement. <br /> It 1S understood and agreed that the rental payments specified In <br /> Paragraph A.1. above, and In the preceding sentence, may be adjusted <br /> pursuant to Paragraph E. below, and that each such adjustment shall <br /> result 1n a change In the monthly rental payments. <br /> 2. 'rhe fees specified in Paragraph A.2. above, shall be paid to <br /> Lessor on or before the twentieth (20th) day following the end of each <br /> month throughout the term of this Agreement, together with a report of <br /> Lessee's fuel and maintenance and repair sales during the preceding <br /> month. It is understood and agreed that the fees specified In <br /> Paragraph A.2. above, may be adjusted pursuant to Paragraph E. below, <br /> and that each such adjustment shall result in a change in the <br /> calculation of the monthly payments of fees. <br /> PAGE 8 <br />