Examples of Annual Rental in a sentence
The Vehicle owner parts temporarily with the Vehicle for the Storage Period and agrees to pay the Annual Rental.
For the avoidance of doubt the Vehicle owner shall be in material breach in circumstances including, but not limited to, any failure to pay all or part of the Annual Rental.
Subject to payment of the Annual Rental, the Site owner accepts temporary custody of the Vehicle for the Storage Period.
Upon serving notice pursuant to clause 35.1.3 the Site Owner shall be entitled to apply a daily rent calculated at 1/365th of the Annual Rental until such time as the Vehicle is collected or sold.
The Site owner may increase the Annual Rental at any time and shall give the Vehicle owner not less than one months’ notice of an increase following which the new value shall be the Annual Rental.