Common use of Daily Rental Clause in Contracts

Daily Rental. The Daily Rental Price shall be for a Rental Period of twenty-four (24) consecutive hours or less, computed from the hour of commencement of the Rental Period up to but not including the same hour in the next day and shall apply when the number of hours the Heavy Equipment is operated in any twenty- four (24) hour period does not exceed eight (8) hours of use. A “double shift,” if offered, shall mean sixteen (16) hours of use per day, and the Rental Price shall be one (1) and a half times the Daily Rental Price. A “triple shift,” if offered, shall mean twenty-four (24) hours of use per day, and the Rental Price shall be two (2) times the Daily Rental price.

Daily Rental. The Daily Rental Price shall be for a Rental Period of twenty-four (24) consecutive hours or less, computed from the hour of commencement of the Rental Period up to but not including the same hour in the next day and shall apply when the number of hours the Heavy Equipment is operated in any twenty- twenty-four (24) hour period does not exceed eight (8) hours of use. A “double shift,” if offered, shall mean sixteen (16) hours of use per day, and the Rental Price shall be one one (1) and a half times the Daily Rental Price. A “triple shift,” if offered, shall mean twenty-four (24) hours of use per day, and the Rental Price shall be two (2) times the Daily Rental pricePrice.