Rental Charge definition
Examples of Rental Charge in a sentence
If DB Contractor fails to properly identify and timely address the hazard mitigation for a Category 1 Defect as described in Section 9.4.5 of the CMA Specification, then notwithstanding that the affected travel lane(s) remain open to traffic TxDOT shall have the right to assess a Lane Rental Charge for a Lane Closure for the relevant travel lane until the hazard to Users has been mitigated.
If the Booking is cancelled after the balance of the Rental Charge becomes payable, such balance shall remain payable notwithstanding cancellation.
For each Lane Closure, a determination shall be made of the applicable hourly Lane Rental Charge using the amounts shown on Table 8-2.
The deduction from each monthly payment for Maintenance Services as set forth in Section 8.2 of the CMA General Conditions shall be the sum during the prior month for each Lane Closure of the applicable hourly Lane Rental Charge multiplied by the number of lanes closed multiplied by the number of hours the Lane Closure was in effect.
In addition, provided Lessee is not in default hereunder and provided the cost thereof does not exceed the Security Deposit, Lessor shall make available to Lessee certain other services the cost of which shall be billed to the Lessee as additional rent and the payment of which shall be subject to the same terms and conditions as those governing the payment of the Fixed Monthly Rental Charge herein regardless of when such charges are billed to the Lessee.