Common use of Final Adjusted Payment Clause in Contracts

Final Adjusted Payment. The per-person rate for the Initial Term and first (1st) Renewal Term, if any, will be One ($1.00) Dollar per person. The per- person rate for any subsequent Renewal Term(s) after expiration of the first (1st) Renewal Term, if any, shall be Two ($2.00) Dollars per person. Final Adjust Payment will be based on the following formulas: (a.) Per-Person Rate multiplied by the Number of Persons renting River Tubes equals the Total Compensation (Per-Person Rate x Number of Persons Renting Tubes = Total Compensation).

Final Adjusted Payment. The per-person rate for the Initial Term and first (1st) Renewal Term, if any, will and second (2nd) year of the Initial Term shall be One ($1.00) Dollar per person. The per- person rate for any subsequent Renewal Term(s) after expiration the remaining years of the first (1st) Initial Term and subsequent Renewal Term, if any, shall be Two ($2.00) Dollars per person. Final Adjust Payment will be based on the following formulas: (a.) Per-Person Rate multiplied by the Number of Persons renting River Tubes equals the Total Compensation (Per-Person Rate x Number of Persons Renting Tubes = Total Compensation).