Payment for use. The School agrees to submit payment directly to the Booster Club’s financial lender pursuant to the lease schedule attached as Exhibit B. This lease fee shall be paid annually in the amount of $112,500.00 per year. In addition to the above schedule of payments, School shall also be responsible for all utility costs, in accordance with section 11 herein, and all operating expenses for the “Leased Premises.” All payments of rent shall be made without offset, defense, or deduction of any kind.
Appears in 1 contract
Sources: Use Agreement
Payment for use. The School agrees to submit payment directly pay to the Booster Club’s financial lender Club pursuant to the lease schedule attached as Exhibit B. This lease fee shall be paid annually in the amount of $112,500.00 112,00.00 Dollars per year. In addition to the above schedule of payments, School shall also be responsible for all utility costs, in accordance with section 11 herein, and all operating expenses for the “Leased Premises.” All payments of rent shall be made without offset, defense, or deduction of any kind.
Appears in 1 contract
Sources: Use Agreement
Payment for use. The School agrees to submit payment directly to the Booster Club’s financial lender pursuant to the lease schedule attached as Exhibit B. This lease fee shall be paid annually in the amount of $112,500.00 112,761.84 per year. In addition to the above schedule of payments, School shall also be responsible for all utility costs, in accordance with section 11 herein, and all operating expenses for the “Leased Premises.” All payments of rent shall be made without offset, defense, or deduction of any kind.
Appears in 1 contract
Sources: Use Agreement