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.
BREAKING DOWN 'Holdover Tenant'. A court proceeding between a landlord and a holdover tenant is called a holdover proceeding. Problems of holdover tenancy can be headed off by including a clause in the original lease stating what happens at the end of the lease period. For example, a year-long apartment rental lease might specify that at the expiration of the lease, the lease will convert to a month-to-month lease. RELATED TERMS.