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To: wideminded

Thank you for providing the exact language from the lease of the old Post Office.

I have pruned that paragraph to reveal its essential elements:

“No...official...shall be admitted to any share...of this Lease...provided, however, that this provision shall not...extend... to any...beneficial owner of any entity, if this Lease is for the general benefit of such...entity.”

I concluded that, if Mr. Trump was just one of many owners of Trump Old Post Office, LLC, then the provision to prevent his “admitence” does not apply.

IMHO, this clause was designed to prevent “officials” from receiving bribes from lease-holders through being awarded “shares” of a lessee entity AFTER a Lease with the GSA was signed.

Besides, whatever Trump’s “share” may be, his “share” was fully vetted BEFORE the Lease was signed.


72 posted on 12/02/2016 1:44:47 PM PST by pfony1
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To: pfony1
My interpretation was that the words "publicly held" probably referred to the whole phrase "corporation or other entity". Maybe that is something the lawyers will be arguing about.

Trump Old Post Office LLC is a privately held corporation.

73 posted on 12/02/2016 3:11:03 PM PST by wideminded
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