Billing Process. The Servicer shall calculate all Rent and Casualty Payments. The Servicer shall aggregate the Lessee’s Rent due on all ZVF Vehicles, together with any other amounts due to the Lessor, and provide to the Lessor a monthly statement of the total amount, in a form acceptable to the Lessor, no later than the Determination Date. The monthly statement shall include a description of the charges owing from the Lessee.
Appears in 2 contracts
Sources: Master Motor Vehicle Operating Lease and Servicing Agreement, Master Motor Vehicle Operating Lease and Servicing Agreement (Zipcar Inc)