(1) ITU Academic Company: Refers to any capital company or sole proprietorship established pursuant to the Turkish Commercial Code, in which the majority of shares (50% or more) are held by academic staff affiliated with ITU.

(2) Incubation Entrepreneur: Refers to start-up companies that are between 0 and 3 years old and whose largest shareholder has not previously held a partnership interest in any company.

(3) Incubation Entrepreneur with a Publicly Funded R&D Project: Refers to start-ups that are between 0 and 3 years old, whose largest shareholder has not previously held a partnership interest in any company, and that carry out research and development projects supported by TÜBİTAK, KOSGEB, the Ministry of Industry and Technology, Development Agencies, or similar public institutions.

• Non-Combination of Discounts: The same individual or company may benefit from only one type of discount during the same period. Where eligibility for more than one discount arises, the highest discount rate shall apply. Discounts may not be combined.

** Expiry of the Discount Period: The relevant rent discounts shall automatically expire at the end of the periods specified in the table. Following the expiry of the applicable period, the standard rental rate shall apply without any further notice.