Administration Charge. The Resident is required to pay the Operator an amount equal to 2% of the Capital Sum, plus GST, on the date of settlement of payments under a relicensing of the Unit to a new resident, as an administration charge.
Appears in 3 contracts
Samples: Occupation Right Agreement, Occupation Right Agreement, Occupation Right Agreement
Administration Charge. The Resident is required to pay the Operator an amount equal to 2% of the Capital Sum, (plus GST, if any) on the date of settlement of payments under a relicensing of the Unit to a new resident, resident as an administration charge.
Appears in 3 contracts
Samples: Occupation Right Agreement, Occupation Right Agreement, Occupation Right Agreement
Administration Charge. The Resident is required to pay the Operator an amount equal to 2% of the Capital Sum, (plus GST, if any) on the date of settlement of payments under a relicensing of the Unit to a new resident, as an administration charge.
Appears in 3 contracts
Samples: Occupation Right Agreement, Occupation Right Agreement, Occupation Right Agreement
