At this time, it was already November 2007. Rector Morgan's plan was unexpectedly smooth. According to the original plan, it should have been completed by this time. Anyway, it was to determine that these lands could be rented to Lace Electric for at least 10 years so that Lace Electric could build its own power station with confidence.
According to Rector Morgan's plan, he did not intend to stop the Daqian at this step because only by signing more than 90,000 lease agreements with the United States could Lace completely take root. Even if the Daqian wanted to withdraw, it would be impossible because the tens of billions of dollars of land funds and deposits that Lace had invested would all go down the drain.
Only after this step can Rector Morgan continue to bleed the Daqian.
But what Rector Morgan didn't expect was that before he could do anything, Lace's land lease had become difficult.
Because Lace's land lease policy was very conservative.
Generally speaking, the lease of commercial real estate was a 10-year lease contract, and then two years of rent was paid as a deposit. Finally, the rent was paid once a year.
At the same time, in consideration of land appreciation, the landlord had the right to adjust the price of commercial real estate nearby. Of course, the adjustment price could not exceed the average price of the nearby area and could not exceed 10% of the original rent.
But Lace asked not to pay a deposit, only one year of rent was paid in advance. In addition, only a priority lease contract was signed for ten years, and no long-term contract was signed.
The rent price was renegotiated at the beginning of each year. If the Daqian decided not to rent, he could also withdraw directly without deducting the deposit … In fact, it could not be deducted because the Daqian did not intend to pay such a deposit at all.
This contract made most landlords very dissatisfied because in this way, Lace Electric reduced its own risk to the extreme, and the landlords had to bear the possibility that Lace Electric might break the contract at any time.
Of course, Lace Electric also had its own compensation. They said that the rent could be slightly higher than the average rent of the surrounding area by 5%, and if the average rent of the surrounding area continued to rise, then Lace would have to pay more rent every year, which was a good thing for the landlords.
In addition, although the landlords seemed to have no guarantee of a ten-year term, in fact, these landlords did not have any losses at all. Even if Lace stopped renting, their land would still be there. They could also rent it to others. There was no real loss at all.
Lace Electric Power was a super company established by the cooperation of so many powerful automobile companies. Their brand was there, so they couldn't go back on their word … unless the company went bankrupt.
Some people accepted Lace Electric's statement and took the lead in signing the lease that needed to be re-signed every year. There were also landlords who were stuck there.
Some plots of land could be changed, but in some places, there was only one suitable plot of land that could be rented, so they had to reach an agreement with the landlord.
Therefore, the Daqian's acquisition of land was very slow. By November, 20% of the land had not been completely settled, and the Daqian had become hesitant. Although the other land was actually under the agreement, they had not really started construction, and even the equipment for the power station had not been shipped.
"This old fox, he is still not at ease with this trap. He is leaving himself a way out!" Rector Morgan was anxious. Of course, he knew why the Daqian did this. It was because he felt that this business was too risky, so he had to pay a deposit of up to two years if he did not accept it.
After all, if he paid this deposit, the cost of the land would triple.
Originally, the Daqian only had to pay a year's rent. The Daqian only had to pay a rent of more than 20 billion US dollars. But if he had to pay a deposit of two years in one go, then the fund would increase to about 70 billion US dollars, which was equivalent to one-third of Lace's funds. This risk was too great. It was natural that Jia Yapeng wanted to avoid it.
It stood to reason that Rector Morgan should be very happy. After all, his purpose was to keep delaying the Daqian, but the Daqian himself was so skeptical about this plan. Once the delay was too long and exceeded 2008, then half a year of the three-year period would have passed. It was very difficult for Lace to build 90,000 power stations in two and a half years. It was almost impossible to complete. The Daqian would probably withdraw from Lace directly at that time.
Therefore, if they withdrew at this time, the Daqian would have to pay at least 20 billion US dollars in interest and liquidated damages, but this was a completely affordable loss for the Daqian with a large business. Anyway, if Rector Morgan was in this situation himself, he would definitely cut his wrist decisively instead of choosing to endure for three years and gamble on such a possibility.
Therefore, Rector Morgan was very anxious now. He could not wait for the Daqian to sign all the lease agreements immediately and then deeply trap the Daqian Group, instead of being able to cut his wrist at any time like now.
"Forget it, it seems that I can only do it!" Rector Morgan sighed and began to call his men to come forward and force the hesitant landlords or landlords to fully agree to the Daqian's contract requirements. Anyway, Lace's roots must be planted.
With the help of the Morgan Consortium, many problems faced by Lace were solved smoothly. Many landlords either actively changed their minds or passively changed their minds. Finally, they signed the agreement. Da Qian had achieved an unprecedented achievement in the history of a large enterprise. That was, they didn't need to pay any deposit to rent more than 90,000 square meters of land.
As soon as this news was announced, all the shareholders were full of admiration for the Daqian. They lamented that Boss Jia was indeed a genius. With such a method, he saved the company nearly 50 billion US dollars. As a result, the construction of the power station would be more stable and smooth. The power station would definitely be successful.
On the other hand, Rector Morgan had a bit of a toothache because this time, the Morgan consortium had more or less paid hundreds of millions of dollars. Otherwise, the other party wouldn't have agreed so easily. After all, even if it was the Morgan consortium, it was impossible to make the other party take the initiative to accept the loss just by relying on their power. This was also driven by money.
Logically speaking, everything was money!
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