Common use of OCCUPATIONAL RENTAL Clause in Contracts

OCCUPATIONAL RENTAL. 8.1 Should Transfer take place after the Possession Date, the Purchaser shall pay occupational rental to the Seller an amount equal to the prime rate plus 2% (two percent) on the Purchase Price per month, pro rata, payable monthly in advance commencing on the Possession Date and thereafter on the first day of each and every succeeding month until the Transfer Date.

OCCUPATIONAL RENTAL. 8.1 Should Transfer take place after the Possession Date, the Purchaser shall pay as occupational rental to the Seller an amount equal to the prime rate plus 2% (two percent) on the Purchase Price per month, pro rata, payable monthly in advance commencing on the Possession Date and thereafter on the first day of each and every succeeding month until the Transfer Date.

OCCUPATIONAL RENTAL. 8.1 Should Transfer take place after the Possession Date, the Purchaser shall pay occupational rental to the Seller an amount equal to the prime rate plus 20.85% (two zero point eight five percent) on of the Purchase Price per month, pro rata, payable monthly in advance commencing on the Possession Date and thereafter on the first day of each and every succeeding month until the Transfer Date.