The deal, signed several years before President Hosni Mubarak was ousted by a popular uprising in February 2011, provided Israel with 40 percent of its natural gas at
below market rates. It was subsequently scrapped in April 2011.
Because of Rite Aid's long history at the property their current lease is well
below market rates. The current lease is up in January 2014 with one five year option remaining.
The New Local Government Network called on authorities to adopt US-style Mortgage Support Plans under which they would offer people mortgages at
below market rates on all or part of their debt.
As was reported, more and more lay members are having to take positions that were once filled by clergy and religious at significantly increased costs though very likely
below market rates. This is a function of the church's inability to attract people into the ordained and religious vocations.
Trade Representative Robert Zoellick in the lead, the industrial powers wanted to force developing countries to throw their economies open even more to foreign banks and corporations, while the United States, Britain, and France continued to subsidize their own farmers, who export corn, wheat, soybeans, and cotton at
below market rates. In the United States, these subsidies mostly go to giant agribusiness companies, not small farmers.
By law, they are required to sell their wholesale power at
below market rates to public municipal utilities and rural cooperatives, which in turn provide electricity to about 25 percent of the nation's retail consumers.
Of the 20 free-market condos currently for sale, 8 were rented at the initial stage of the project and are now
below market rates, while 12 are vacant, offering the new owner the options of either renting the units in at the current rate, or selling them individually on a retail basis.
GMDC was formed in 1992 to help protect artisans and currently houses 80 businesses--including hot glass blowers, metal spinners, woodworkers, weavers and furniture builders--in five buildings at
below market rates.
"This was an excellent opportunity to acquire a stable income producing property with apartment rentals
below market rates. We plan to upgrade and retain the properties as rental units.
"This sublease space creates a great opportunity for a tenant to take advantage of
below market rates with the option to sign a long-term lease," said Reid.
"The existing rents in the building are
below market rates. We plan to re-position and re-lease the building at market rents.
