The reason why I brought it up is that one of my friends owns a Cici's Pizza Buffet Restaurant, and his landlord which is a big commercial real estate company, absolutely rejects that this situation is a force majeure situation since restaurants are allowed to operate via takeout orders. So there's the stand off. It seems like a sensible solution would be to charge based upon a percentage of sales. So if the restaurant was doing $100k per month and paid $10k in rent before this mess, that's 10% of sales. So if they did $15k in sales this month from just takeout orders, they would only pay $1,500.
If internet would be shutdown for 2 months, would your sponsors not have to pay? Will you pay the bill? And why should you pay the bill as you did nothing wrong at all? Landlords should not be victims of factors outside anyone's control too. Force Majeure will decide what the outcome will be. The landlords did nothing wrong, so the damage cannot be put on their account.
Landlords have it heads I win, tails you lose - other than in cases where force majeure clauses apply. Because another thing not understood by the general public is that there is this other thing called "percentage rent". Ordinary rent ($ per sqft) and on top of that percentage rent (X% of any amount greater than Y). But in times like currently with sales/revenues/profits down ordinary rent is due but heck no way is there any discount.
They should have read this forum. As even beginners in technical analysis could tell them, most gaps will be closed (sorry)