Vehicle Excise Duty. 10.1. If specified in the Schedule, the Company shall obtain the VED for the Vehicle and effect all necessary renewals. The Company will make an administration charge calculated as a percentage of the cost of VED for this service. This percentage will be as denoted on the Schedule. 10.2. In the event of an increase in VED the Operator shall be responsible for paying for that increase and the Company shall make an administration charge equal to 6.5% of the said increase.
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Samples: Repair and Maintenance Agreement, Used Vehicles Repair and Maintenance Agreement, Repair and Maintenance Agreement
Vehicle Excise Duty. 10.1. 10.1 If and only if specified in the Schedule, the Company shall obtain the VED for the Vehicle and effect all necessary renewals. The Company will make an administration charge calculated as a percentage of the cost of VED for this service. This percentage will be as denoted on the ScheduleRepair and Maintenance contract.
10.2. 10.2 In the event of an increase in VED the Operator shall be responsible for paying for that increase and the Company shall make an administration charge equal to 6.5% of the said increase.
Appears in 1 contract
Samples: Repair and Maintenance Agreement
Vehicle Excise Duty. 10.1. 10.1 If specified in the Schedule, the Company shall obtain the VED for the Vehicle and effect all necessary renewals. The Company will make an administration charge calculated as a percentage of the cost of VED for this service. This percentage will be as denoted on the Schedule.
10.2. 10.2 In the event of an increase in VED the Operator shall be responsible for paying for that increase and the Company shall make an administration charge equal to 6.5% of the said increase.
Appears in 1 contract
Samples: Repair and Maintenance Agreement