The lessor, including the master lessor and any sandwich position, shall share in the receipt of lease rentals paid by the owner-occupants and other lessees, as adjusted by this section, in accordance with their respective interests. Notwithstanding any contrary provision in any contract or lease, a developer or other person entitled to share in the lease rent payments shall share in such lease rent payments by the owner-occupants and other lessees to the extent of the developer’s or other person’s interest as may be determined by agreement of those entitled to share in the payment of lease rentals by owner-occupants and other lessees, or in the absence of such agreement, pursuant to HRS Chapter 658A.
(1990 Code, Ch. 39, Art. 1, § 39-1.8) (Added by Ord. 91-96)