Rental Pool Income. The total of the participation factors for each apartment unit in the rental pool for the calendar quarter shall be divided into the total rental pool income (45% of net rental income), as herein defined, available to the rental pool participants, and the resulting figure times each Owner's participation factor shall equal his income from the rental pool for the calendar quarter.
Appears in 7 contracts
Samples: Appointment Agreement (Saddlebrook Resorts Inc), Appointment Agreement (Saddlebrook Resorts Inc), Appointment Agreement (Saddlebrook Resorts Inc)
