Common use of CALCULATION OF RENTAL CHARGES Clause in Contracts

CALCULATION OF RENTAL CHARGES. The Lessee shall pay Rental for the entire Rental Period on each article listed under Details of Equipment at the rate herein stipulated and on the following basis: (a) The Rental Rate expressed in the "Details of Equipment" is the rental for a one month period, running from the day of commencement up to but not including the same day in the fourth week following. (b) The Rental Rate stipulated under Details of Equipment shall apply only when the Equipment is operated for no more than 160 hours in a month. In the event that the Equipment is operated in excess of 160 hours in a month, the Lessee agrees to pay for any such excess operation in accordance with the following formula: Hours of operation in excess of 160 hours per month x Rental Rate x 66-2/3 160 hours 100 The Lessee further covenants and agrees to open for inspection by the Lessor, any and all payroll records and hour meters for the purpose of verifying the actual hours worked. (c) After expiration of the minimum rental period, the rental payment for any succeeding period shall be the proportionate part of the monthly rate according to the number of calendar days in such period based on a 28 (twenty-eight) day month. (d) Rentals shall not be subject to any set-off or deduction for any reason whatsoever and, without limiting the generality of the foregoing, by reason of non-working time howsoever caused during the Rental Period or any extension thereof, nor shall the Lessee be relieved from his responsibility to pay rent for the entire Rental Period by reason of the fact that the Equipment is returned prior to the expiration of the minimum rental period. (e) Rental at the Rental Rate shall be paid by the Lessee to the Lessor until the Equipment is returned to the Lessor in good operating condition, reasonable wear and tear excepted. If repairs are found to be required by the Lessor, the Lessee shall continue to pay Rental at the Rental Rate until the Equipment is returned to good operating condition as determined by the Lessor. (f) The Lessee shall pay any and all federal and provincial taxes related in any way whatsoever to rent payable by the Lessee to the Lessor under this Lease.

CALCULATION OF RENTAL CHARGES. The Lessee shall pay Rental for the entire Rental Period on each article listed under Details of Equipment at the rate herein stipulated and on the following basis: (a) The Rental Rate expressed in the "Details of Equipment" is the rental rate (excluding GST, HST and PST) for a one month period, running from the day of commencement up to but not including the same day in the fourth week following. (b) The Rental Rate stipulated under Details of Equipment shall apply only when the Equipment is operated for no more than 160 the total allotted hours in a monthindicated under the Details of Equipment. In the event that the Equipment is operated in excess of 160 total allotted hours in a month, the Lessee agrees to pay for any such excess operation in accordance with the following formula: Hours of operation in excess of 160 200 hours per month x Rental Rate x 66-2/3 160 100 200 hours 100 The Lessee further covenants and agrees to open for inspection by the Lessor, any and all payroll records and hour meters for the purpose of verifying the actual hours worked. (c) After expiration of the minimum rental period, the rental payment for any succeeding period shall be the proportionate part rental rate per month indicated in the details of equipment. The allotted hours per month shall be 200 hours and should the equipment be operated in excess of the monthly 200 hours per month, the Lessee shall pay for any such excess in accordance with the rate according to the number of calendar days indicated in such period based on a 28 (twenty-eight) day month.2(b), (d) Rentals shall not be subject to any set-off or deduction for any reason whatsoever and, without limiting the generality of the foregoing, by reason of non-working time howsoever caused during the Rental Period or any extension thereof, nor shall the Lessee be relieved from his responsibility to pay rent for the entire Rental Period by reason of the fact that the Equipment is returned prior to the expiration of the minimum rental period. The minimum rental period as indicated in the detail of equipment is a guaranteed rental period, and the lessee shall pay the lessor the rental rate per month multiplied by the minimum rental period. This agreement is non-cancelable during the minimum rental duration. (e) Rental at the Rental Rate shall be paid by the Lessee to the Lessor until the Equipment is returned to the Lessor in good operating condition, reasonable wear and tear excepted. If repairs are found to be required by the Lessor, the Lessee shall continue to pay Rental at the Rental Rate until the Equipment is returned to good operating condition as determined by the Lessor. (f) The Lessee shall pay any and all federal and provincial taxes related in any way whatsoever to rent payable by the Lessee to the Lessor under this Lease. (g) The Lessor reserves the right to reject any request to extend the rental term at any time in its sole discretion.

CALCULATION OF RENTAL CHARGES. The Lessee shall pay Rental for the entire Rental Period on each article listed under Details of Equipment at the rate herein stipulated and on the following basis: (a) The Rental Rate expressed in the "Details of Equipment" is the rental rate (excluding GST, HST and PST) for a one month period, running from the day of commencement Commencement Date up to but not including the same day in the fourth week following. (b) The Rental Rate stipulated under Details of Equipment shall apply only when the Equipment is operated for no more than 160 the total allotted hours in a monthindicated under the Details of Equipment. In the event that the Equipment is operated in excess of 160 hours in a monthtotal allotted hours, the Lessee agrees to pay for any such excess operation in accordance with the following formula: Hours of operation in excess of 160 200 hours per month x Rental Rate x 66-2/3 160 100 200 hours 100 The Lessee further covenants and agrees to open for inspection by the Lessor, any and all payroll records and hour meters for the purpose of verifying the actual hours worked. (c) After expiration of the minimum rental period, the rental payment for any succeeding period shall be the proportionate part Rental Rate per month indicated in the Details of Equipment. The allotted hours per month shall be 200 hours and should the Equipment be operated in excess of the monthly 200 hours per month, the Lessee shall pay for any such excess in accordance with the rate according to the number of calendar days indicated in such period based on a 28 (twenty-eight) day month.2(b), (d) Rentals shall not be subject to any set-off or deduction for any reason whatsoever and, without limiting the generality of the foregoing, by reason of non-working time howsoever caused during the Rental Period or any extension thereof, nor shall the Lessee be relieved from his its responsibility to pay rent the Rental Rate for the entire Rental Period by reason of the fact that the Equipment is returned prior to the expiration of the minimum rental period. The minimum rental period as indicated in the detail of equipment is a guaranteed rental period, and the lessee shall pay the lessor the rental rate per month multiplied by the minimum rental period. This agreement is non-cancelable during the minimum rental duration. (e) Rental at the Rental Rate shall be paid by the Lessee to the Lessor until the Equipment is returned to the Lessor in good operating condition, reasonable wear and tear excepted. If repairs are found to be required by the Lessor, the Lessee shall continue to pay Rental at the Rental Rate until the Equipment is returned to good operating condition as determined by the Lessor. (f) The Lessee shall pay any and all federal and provincial taxes related in any way whatsoever to rent payable by the Lessee to the Lessor under this Lease. (g) The Lessor reserves the right to reject any request to extend the rental term at any time in its sole discretion.

CALCULATION OF RENTAL CHARGES. The Lessee shall pay Rental for the entire Rental Period on each article listed under Details of Equipment at the rate herein stipulated and on the following basis: (a) The Rental Rate expressed in the "Details of Equipment" is the rental for a one month period, running from the day of commencement up to but not including the same day in the fourth week following. (b) The Rental Rate stipulated under Details of Equipment shall apply only when the Equipment is operated for no more than 160 176 hours in a month. In the event that the Equipment is operated in excess of 160 176 hours in a month, the Lessee agrees to pay for any such excess operation in accordance with the following formula: Hours of operation in excess of 160 hours per month x Rental Rate x 66-2/3 160 hours 100 The Lessee further covenants and agrees to open for inspection by the Lessor, any and all payroll records and hour meters for the purpose of verifying the actual hours worked. (c) After expiration of the minimum rental period, the rental payment for any succeeding period shall be the proportionate part of the monthly rate according to the number of calendar days in such period based on a 28 (twenty-eight) day month. (d) Rentals shall not be subject to any set-off or deduction for any reason whatsoever and, without limiting the generality of the foregoing, by reason of non-working time howsoever caused during the Rental Period or any extension thereof, nor shall the Lessee be relieved from his responsibility to pay rent for the entire Rental Period by reason of the fact that the Equipment is returned prior to the expiration of the minimum rental period. (e) Rental at the Rental Rate shall be paid by the Lessee to the Lessor until the Equipment is returned to the Lessor in good operating condition, reasonable wear and tear excepted. If repairs are found to be required by the Lessor, the Lessee shall continue to pay Rental at the Rental Rate until the Equipment is returned to good operating condition as determined by the Lessor. (f) The Lessee shall pay any and all federal and provincial applicable taxes related in any way whatsoever to rent payable by the Lessee to the Lessor under this Lease, including sales tax and SMM tax of 2% of rental rate.