Examples of Excess Mileage Fee in a sentence
The Parties acknowledge and agree that the Excess Mileage Fee and the Time of Use Fee are intended to induce favorable behaviors by the Customer with respect to the Vehicles and the System and not to punish Customer.
To the extent that, notwithstanding the averaging in the preceding sentence, the total average mileage of a Vehicle measured over a two-Contract Year period exceeds the Annual Mileage Allowance, the Excess Mileage Fee shall be due only for the second of the two measurement Contract Years and then shall be payable only to the extent the second year mileage of the Vehicle exceeds the Annual Mileage Cap by more than five percent (5%).
For each mile that Customer operates a Vehicle in any Contract Year in excess of the Annual Mileage Allowance for that Vehicle, Customer shall pay to Provider an amount equal to the Excess Mileage Fee multiplied by the number of miles in excess of the Annual Mileage Allowance.