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<br />ARTICLE III-A - RENTALS AND CHARGES - PRIOR LEASE AREA
<br />
<br />1. For the Prior Lease Area (excluding Tie-Down Area) as herein
<br />described, the following rental:
<br />
<br />A. For the period July 7, 1997, through December 31, 1997,
<br />a rental of $3,242.47, which shall be payable by Lessee
<br />to Lessor upon the execution hereof;
<br />
<br />B. For the period January 1, 1998, through December 31,
<br />1998, a rental of $6,908.60, which shall be payable by
<br />Lessee to Lessor monthly, in a sum equal to 1/12th of the
<br />annual rental due under this subparagraph, commencing
<br />January 1, 1998, and on the 1st day of each calendar
<br />month thereafter; and
<br />
<br />C. For the cleanup and removal period, January 1, 1999,
<br />through April 30, 1999, a rental of $2,302.84, which
<br />shall be payable by Lessee to Lessor in four equal
<br />monthly installments of $575.72, commencing January 1,
<br />1998, and on the 1st day of each calendar month
<br />thereafter.
<br />
<br />D. Provided, however, all rental for the Prior Lease Area
<br />(excluding Tie-Down Area under this subparagraph) shall
<br />terminate on the date that Lessee certifies in writing to
<br />Lessor, that it has completed its cleanup and removal,
<br />and rental shall be pro-rated to said date upon approval
<br />of such certification by Lessor.
<br />
<br />2. For the tie-downs on the Prior Lease Area, described in
<br />Amendment to Lease dated November 1, 1988, the following rental:
<br />
<br />A. For the period July 7, 1997, through December 31, 1997,
<br />a rental of $1,728.00, which shall be payable by. Lessee
<br />to Lessor upon the execution hereof; and
<br />
<br />B. For the period January 1, 1998, through December 31,
<br />1998, a rental of $3,456.00, which shall be payable by
<br />Lessee to Lessor monthly, in a sum equal to 1/12th of the
<br />annual rental due under this subparagraph, commencing
<br />January 1, 1998, and on the 1st day of each calendar
<br />month thereafter.
<br />
<br />Cost of living indexing shall not be applied to this Article
<br />III-A-2.
<br />
<br />ARTICLE III-B - RENTALS AND CHARGES - TIE-DOWN AREAS
<br />
<br />1. For the Tie-Down Areas described on Exh!bit "B" attached
<br />hereto, for the term of this Agreement as it relates to the Fixed
<br />Base Operator Area, the following rental: .
<br />
<br />A. Lessee shall pay to Lessor, as additional rent, a sum
<br />equal to thirty percent (30%) of the gross revenues
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