Turnover definition
Examples of Turnover in a sentence
The Tenant must ensure that the On-Account Turnover Certificate states as accurately as the Tenant is reasonably able to do so the amount of the Turnover during the relevant On-Account Period.
The Tenant must pay the Main Rent or, where Schedule 9 applies, the Base Rent and the Turnover Rent, when due.
The On-Account Turnover Certificate must contain such details as to the method of calculation as the Landlord reasonably requires.
The Landlord may require that an audit of the Records relating to the current Turnover Period or any of the two preceding Turnover Periods is carried out by a professionally qualified accountant appointed by the Landlord.
Until the arrangements in Schedule 9 come to an end in accordance with paragraph 11 of Schedule 9, instead of paying the Main Rent under clause 3.2 the Tenant must pay the Base Rent and the Turnover Rent under Schedule 9.