RENTAL AND PAYMENT. Rental of the CCC is subject to the following terms and conditions:
RENTAL AND PAYMENT. 3.1 The Hirer shall as Rental for the hiring of the Equipment, pay to the Lessor the aggregate of the following:
RENTAL AND PAYMENT. 3.1 The Hirer shall as Rental for the hiring of the Telephone, pay to the Lessor the aggregate of the following :
RENTAL AND PAYMENT. 3.1 The period rental rate is based upon the minimum term. Lessee shall not have the right to cancel the rental of the Delivery prior to the expiration of said minimum term upon which a rental is based. If for any reason (including, without limitation, termination by Lessor following a default by Lessee) such rental shall be terminated prior to the expiration of said minimum term, Lessee shall forthwith upon demand pay to Lessor an amount (plus applicable taxes) equal to the differences between (1) the aggregate rental that would have been charged by Lessor using the rental rate specified in its most recent listing, for and during the period actually rented by the Lessee, and, (2) the aggregate rental actually paid by Lessee with respect to such period. Rental charges for fractional periods beyond the first period will be charged on a prorated basis based on the rate for the original rental period. All shipping charges will be pre-paid and added to customer invoices.
RENTAL AND PAYMENT. 4.1 Unless otherwise specified in Lessors quotation, the prices will not include VAT or other taxes, e.g., related to import and export of goods, freight and forwarding charges or any other additional charges of any nature. The rental rates are per Day unless otherwise agreed. A Day is defined as 24 hours/day, 7 days a week, including holidays.
RENTAL AND PAYMENT. SCHEDULE The rent that the Lessee shall pay DPRD for the Pavilion and Term has been calculated in the Rate Section. Balance of lease amount, shall be paid in full one week prior to the event. Unpaid, undispute d balances are subject to a finance charge of one and one half percent (1&1/2%) per month. Lessee shall be held responsible for all expenses incurred to collect delinquent amounts including attorney’s fees and costs.
RENTAL AND PAYMENT. The annual rental for the Leased Assets payable by Xxxxxx Freight to the Parent Company under the Renewed Lease Agreement shall be RMB20,000,000 (including VAT) in aggregation (including the annual rental for the Land Use Rights of RMB9,600,000 (including VAT), the annual rental for the Property of RMB8,100,000 (including VAT) and the annual rental for the Equipment of RMB2,300,000 (including VAT)), which is determined based on arm’s length negotiations between the two parties with reference to (i) the total area of the New Cargo Terminal under the Land Use Rights and the total gross floor area of the Property;
RENTAL AND PAYMENT. The annual rental for the Leased Assets payable by the Company to the Parent Company under the Lease Agreement shall be RMB21,602,799 (excluding VAT) in aggregation (including the annual rental for the Land Use Right of RMB4,018,939 (excluding VAT), the annual rental for the Structures of RMB11,083,860 (excluding VAT) and the annual rental for the Equipment of RMB6,500,000 (excluding VAT)), which is determined based on arm’s length negotiations between the two parties with reference to (i) the total area of the Land Use Right and the prevailing market rental for the land use rights of airfields located at other domestic airports, i.e. approximately RMB36.96 (excluding VAT) per sq.m. per year; (ii) the net present value of the Structures, which is calculated based on the net present value of cash inflows with reference to the benchmark interest rate of 4.9% for commercial loans with a term of five (5) years or above of the People’s Bank of China and the expected useful life of the Structures of approximately thirty (30) years; and (iii) the depreciation of the Equipment. The Directors confirmed that the annual rental for the Leased Assets agreed between the Company and the Parent Company is fair and reasonable and constitutes a normal commercial term. Within the first ten (10) business days of each month, the Company and the Parent Company shall check the rental of the previous month, and Parent Company shall provide the invoices to the Company after confirming the amount of rental. The Company shall pay the rental, on a monthly basis, to the Parent Company within ten (10) business days after receipt of the invoices issued by the Parent Company.
RENTAL AND PAYMENT. 4.1 We will charge you Rental for the Products from the Start Date. The first payment of Rental will be due on the Start Date. After that, you must pay the monthly Rental in advance on each Payment Date until termination. When the Minimum Period or any continuation period has expired, we will carry on charging at the same Rental unless you and we have agreed a reduced Rental.
