New York Codes, Rules and Regulations
Title 21 - Miscellaneous
Chapter III - New York State Thruway Authority
Subchapter A - Use And Occupancy Of The Thruway System
Part 106 - Leasing Of Facilities
Section 106.3 - Revision of leases
Universal Citation: 21 NY Comp Codes Rules and Regs ยง 106.3
Current through Register Vol. 46, No. 12, March 20, 2024
Section 106.2 of this Part shall not, however, restrict the Thruway Authority's freedom of action during the term of any agreement to negotiate a revision of the bases on which rental payments to the Thruway Authority are calculated, whenever the board of the Thruway Authority shall determine, on the basis of written recommendations of its consulting engineers, that such revisions may be reasonably expected to produce a favorable effect upon its net revenues.
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