The Green Monster is the nickname of the 37.167 feet (11.329 m) left field wall in the park. It is located 310 to 315 feet (94 to 96 m) from home plate; this short distance often benefits right-handed hitters.
Anatomy of a TRAC Lease. Under Todayâs GAAP and Likely Future GAAP. By Bill Bosco, Leasing 101. A TRAC (Terminal Rental Adjustment Clause) lease is a unique lease in that it is the only lease. where a lessee can provide a âfirst lossâ residual guarantee to the lessor yet the lease is viewed. as a true lease for IRS tax purposes. The Terminal Rental Adjustment Clause provides for a.
tenant representative. â¢ Define lease terms to benefit you. If your lease holds you responsible for ongoing maintenance, as many do, the tenant representative can assure that the definition of ongoing maintenance does not include the repair of pre-existing deficiencies, such as roof problems that may already have plagued the building. The tenant rep will know how to look at the move-in condition as a benchmark indicating the point at which your wear and tear commences.