Mandatory charge definition

Mandatory charge means any charge, fee differential, or surcharge that all or a majority of customers must pay in order to obtain or operate a rental vehicle except as follows:
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Mandatory charge does not include an airport-imposed fee if the existence and amount of the fee are clearly and conspicuously disclosed immediately adjacent to any advertised rental price. The customer must be informed of the amount of the fee when the reservation is made. When an advertisement encompasses more than one rental location, the fee may be expressed as the maximum fee or range of fees.
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Mandatory charge does not include taxes imposed directly upon the rental transaction by an authorized taxing authority.
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Examples of Mandatory charge in a sentence

  • Method name Category Initiated by: Description Authorize Mandatory charge point ► This allows a fast "subscription to service" transition once payment has been processed, and efficient subscription suspension for non-paying customers Heartbeat Mandatory charge point ► The central system needs to detect unavailable charging point efficiently.


More Definitions of Mandatory charge

Mandatory charge does not include mileage fees as long as the existence of any mileage limitation and cost per mile for excess mileage is clearly and conspicuously disclosed immediately adjacent to the advertised price.
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Mandatory charge means a charge for an item or service provided in connection with a rental transaction, other than a charge imposed by law:
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Mandatory charge means a charge for an item or
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Mandatory charge means a contractually-imposed and receipted payment that—
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Mandatory charge means any charge, fee differential, or
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Related to Mandatory charge

  • Delivery charges means charges by the seller of personal property or services for preparation and delivery to a location designated by the purchaser of personal property or services including, but not limited to, transportation, shipping, postage, handling, crating and packing. Delivery charges shall not include charges for delivery of direct mail if the charges are separately stated on an invoice or similar billing document given to the purchaser.

  • Default Interest Rate is two percent above the base lending rate of Barclays Bank PLC, as varied from time to time;

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • Termination Charge means a charge levied when an unamortized balance remains and the Jurisdiction requests termination of Street Lighting Service. The charge is determined by costs of equipment, installation, removal, disposal, Capital Recovery Period, and Utility Financing Cost minus payments made to date for the specific fixtures.

  • Default Interest means interest chargeable in terms of this Agreement to unpaid amounts or outstanding obligations which interest shall be calculated, from the due date until date of payment, on a daily balance and compounded monthly in arrear at an annual rate of two percent (2%) above the prevailing, variable prime rate publicly quoted by ABSA Bank Limited from time to time.

  • Early Termination Charge means, with respect to any 2016-A Lease that is terminated prior to its Maturity Date, an amount equal to the lesser of (a) the present value (discounted at the implicit rate of such 2016-A Lease) of all remaining Monthly Payments and (b) the excess, if any, of the adjusted 2016-A Lease balance over the related 2016-A Vehicle’s fair market wholesale value in accordance with accepted practices in the automobile industry (or by written agreement between the Servicer, on behalf of the Titling Trust, and the Lessee).