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.
The lease clause that addresses these issues will be titled Improvements and Alterations.. The most common way for landlords and tenants to allocate the expense of improving commercial space is for the landlord to give you whatâs known as a tenant improvement allowance, or âTIAâ or âTAâ for short. The TIA represents the amount of money that the landlord is willing to spend on your improvements.