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To: dila813
ut ?Her plan includes an escalator clause that gives the state a larger share of revenues when oil prices rise.? That is the part that people say makes her like the wind fall profit tax. It is all in the details, If she enters the race...I will want more information.

I'm guessing you never read any commercial and residential standard leases, nor commercial contracts for goods and services.

30 posted on 08/22/2011 9:17:20 AM PDT by Covenantor ("Men are ruled...by liars who refuse them news, and by fools who cannot govern." Chesterton)
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To: Covenantor

Actually, I write them and enter into them

Nothing like an escalation factor.

We do have floors, just as similar to what is described except

The floor in our case is a fixed dollar amount and if the business makes more than a certain amount is is a percentage of the gross - losses (theft/fire/etc..)

This sounds like a percentage kicker that increases logarithmically, I wouldn’t ever agree to that no matter how good a location it is unless it was tied to improvements that were going to be made that is expected to benefit the business. Example: Adding a parking structure to allow more customers


57 posted on 08/22/2011 10:01:05 AM PDT by dila813
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