Answer: percentage lease
Explanation: A lease percentage is a form of lease in which the occupant pays a base rent plus a percentage of any income earned while doing trade on the rented premises.
It's a phrase used in commercial property. A percentage lease agreement typically reduces the lessee base rate and provides additional growth potential to the mortgagee.
The lessee would consider this agreement appealing as it reduces this fixed cost, which usually represents a large proportion of operating expenses, and the lessor gains some potential for growth beyond what a regular lease might deliver .
Under the NASAA model rule, advertisements, circulars, bulletins or other communications circulated by the adviser to 2 or more persons must be retained for 5 years.
Such communications can recommend the purchase or sale of a specific security and if the communication does not state the reasons for the recommendation, a memo must be retained indicating the reasons for the recommendation.
The North American Securities Administrators Association (NASAA) proposed new rules to try and reduce the stubbornly high number of arbitration awards for harmed investors that go unpaid. If states adopt the model rules, those regulators could pursue harsher enforcement measures against registrants and firms who aren't paying—including revoking state-issued licenses.
While NASAA approved a model act this past May to assist some securities violation victims in getting their awards, in the request for comment NASAA argued a recovery fund could be hard to enact because there is “not yet widespread political support.” NASAA also argued the amount in a recovery fund could be “finite,” that payouts could be delayed, and that it would not address an advisor or firm’s individual misconduct.
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Their vast numbers translate into economic clout and political power
This fund is called and Emergency Fund or a buffer. All business owners must make sure that they have such form of funds in case the business experiences lean times or a crisis. All smart business people must know and have such form of fund in order for them to become prepared to start over with their business or provide for recovering in such bad situations.
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After some success in the 1980s and 1990s as a record producer, talent scout and consultant in the UK music industry, Cowell came to public prominence in 2001 as a judge on Pop Idol, a show which he and its creator Simon Fuller successfully pitched to ITV Controller of Entertainment Claudia Rosencrantz.
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