Examples of Lease Rate Factor in a sentence
Lease Rate Factor applied to lease shall be in accordance with the rate specified in Contract PC for the applicable lease term.
Monthly Rental per Unit will equal the applicable "Monthly Lease Rate Factor" for that Unit, which is specified in Exhibit "A" multiplied by the Unit's cost exclusive of VAT.
For the period from and including the Lease Commencement Date to the Basic Term Commencement Date ("Interim Period"), Lessee shall pay as rent ("Interim Rent") for each unit of Equipment, the product of the Daily Lease Rate Factor times the Capitalized Lessor's Cost of such unit times the number of days in the Interim Period.
For the period from and including the Commencement Date to the Basic Term Commencement Date (“Interim Period”), Lessee shall pay as Rent (“Interim Rent”) for the Aircraft, the product of the Daily Lease Rate Factor times the Capitalized Lessor’s Cost of the Aircraft on this Annex B (SN ) times the number of days in the Interim Period.
LRF Lease Rate Factor The rate that will be used to multiply against the equipment cost to determine the rental.