Automatically renewed for successive one-year periods
unless terminated by either party on at least 30 days’ written notice prior to the end of the then-current term.
If the Company sells the property subject to the related Definitive
Real Property Agreement within three (3) years after the date of such Agreement for an amount in excess of
$1,750,000, subject to certain enumerated exceptions.
The penalty imposed shall be equivalent to the amount
that the sales price of the property exceeds $1,750,000 up to the maximum penalty (“Maximum Penalty”).
Period of time between issuance and maturity of agreement, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
Amount of expense for salary and wage arising from service rendered by officer. Excludes allocated cost, labor-related nonsalary expense, and direct and overhead labor cost included in cost of good and service sold.
Rental expense for the reporting period incurred under operating leases, including minimum and any contingent rent expense, net of related sublease income.