Document ID: 13686

Text:
| (i) | Fiscal Year 1: Beginning Commencement Date through twelve (12)months following the Commencement Date, Lessee shall pay to Operator an amount equal to 1% of Gross Hotel Income for such Fiscal Year if the Hotel achieves an IR of 8.5% to 8.99% for such Fiscal Year. Lessee shall pay to Operator an additional amount equal to 1% of Gross Hotel Income for such Fiscal Year if the Hotel achieves an IR of 9.0% or higher for such Fiscal Year. ---|---|---

Named Entities:
32
33
Percentage
49
52
Percentage
54
57
Percentage
90
93
Percentage

Tokenized Text:
|
(
i
)
|
Fiscal
Year
1
:
Beginning
Commencement
Date
through
twelve
(
12
)
months
following
the
Commencement
Date
,
Lessee
shall
pay
to
Operator
an
amount
equal
to
1
%
of
Gross
Hotel
Income
for
such
Fiscal
Year
if
the
Hotel
achieves
an
IR
of
8
.
5
%
to
8
.
99
%
for
such
Fiscal
Year
.
Lessee
shall
pay
to
Operator
an
additional
amount
equal
to
1
%
of
Gross
Hotel
Income
for
such
Fiscal
Year
if
the
Hotel
achieves
an
IR
of
9
.
0
%
or
higher
for
such
Fiscal
Year
.
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