FLEXI TENURE POLICY Sample Clauses

FLEXI TENURE POLICY. Rentomojo provides its Customers, an option to opt for flexible tenure (“Flexi Tenure”) for early closure and/or extension of the term of the Agreement. In case of early closure, the Customer can request for closing the order by informing Rentomojo, any time prior to the date the Customer wishes to close the order. Rentomojo provides its Customer with different monthly rental rates depending on the tenure of the Agreement at the time of order placement. In the event of early closure, the Customer shall be liable to pay the early closure charges which shall be calculated (please refer xxx.xxxxxxxxx.xxx for detailed break up) based on the tenure selected by the Customer. The early closure charges shall be maximum upto the total amount of security deposit paid by the Customer, excluding anyrental dues and damage charges.. For extension of the term beyond the Agreement tenure by the Customer, the monthly rate applicable at the time of extension shall be followed for calculation of rental amount for the extension period. Any extension or early closure shall be done only through the Rentomojo website and such extension or early closure shall be deemed to be pursuant to this Agreement. Rentomojo reserves the right to revise the rental rates any time at its sole discretion.
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FLEXI TENURE POLICY. Rentomojo provides its Customers, an option to opt for flexible tenure (“Flexi Tenure”) for early closure and/or extension of the term of the Agreement. In case of early closure, the Customer can request for closing the order by informing Rentomojo, 2 (two) weeks prior to the closure date. Rentomojo provides its customers with different monthly rental rates depending on the tenure of the Agreement at the time of order placement. In the event of early closure, the difference in monthly rental amount shall be calculated as per the monthly rental rates between Agreement tenure (the tenure selected at order placement) and Actual tenure served (effective tenure at early closure) will have to be paid. The minimum tenure for the Product shall be calculated as 6 (six) months. For extension of the term beyond the Agreement tenure by the Customer, the monthly rate applicable at the time of extension shall be followed for calculation of rental amount for the extension period. Any extension or early closure shall be done only through the Rentomojo website and such extension or early closure shall be deemed to be pursuant to this Agreement. Rentomojo reserves the right to revise the rental rates any time at its sole discretion.
Sample 1

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