Common use of Calculation of Rent Clause in Contracts

Calculation of Rent. (a) The rent accrues from day to day. (b) The monthly payment is calculated as follows: monthly payment = weekly rent x 4.3482. (c) If the first or last rent payment is for a period of less than a full calendar month, the rent for the broken rent period is calculated on a daily basis as follows: daily rent = weekly rent x 0.1429.

Appears in 4 contracts

Sources: Lease Agreement, Lease Agreement, Lease Agreement

Calculation of Rent. (a) a. The rent Rent accrues from day to day. (b) b. The monthly payment is calculated as follows: monthly payment Rent = weekly rent Rent x 4.3482. (c) c. If the first or last rent Rent payment is for a period of less than a full calendar month, the rent Rent for the broken rent Rent period is calculated on a daily basis as follows: daily rent Rent = weekly rent Rent x 0.1429.

Appears in 2 contracts

Sources: Residential Tenancy Agreement, Residential Tenancy Agreement

Calculation of Rent. (a) The rent accrues from day to day. (b) The monthly four-weekly payment is calculated as follows: monthly : (c) four-weekly payment = weekly rent x 4.34824. (cd) If the first or last rent payment is for a period of less than a full calendar monthfour (4) weeks, the rent for the broken rent period is calculated on a daily basis as follows: daily rent = weekly rent x 0.1429.0.1429.β€Œ

Appears in 1 contract

Sources: Lease Agreement