Common use of Payment of Rentals Clause in Contracts

Payment of Rentals. 4.1. All rentals shall be paid in advance, by debit order, on either the first or fifteenth working day of each month at the Rentee’s election. In the event that the delivery date does not fall on the first day of the month, the rental for that month will be calculated pro-rata and paid in advance by the Rentee. The last rental payment shall be payable on the date indicated in paragraph 1.

Appears in 4 contracts

Samples: Vehicle Rental Agreement, Vehicle Rental Agreement, Vehicle Rental Agreement

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