Rental Calculation Sample Clauses

Rental Calculation. Rental prices are based on the current indicative price list of Cramo. In addition to the agreed rental price, public taxes and charges apply, this includes value added tax, insurance (cf. Art. 12), and any transportation, operation and maintenance costs. Any additional expenses incurred for Cramo as a result of Customer's transportation, positioning and utilization not being in accordance with public law requirements, will be charged to the Customer. Rental is charged per day, month, or any other time interval according to agreement or convenience. The rental price is based on a one shift utilization, i.e. 7.5 hours per day. Any added utilization will result in an additional rental charge, calculated by multiplying the daily rental charge by
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Rental Calculation. All prices are presented and invoiced in Norwegian Krone (NOK). Rental prices are based on the current indicative price list of Cramo. In addition to the agreed rental price, public taxes and charges apply, this includes value added tax, insurance (cf. Art. 12), and any transportation, operation and maintenance costs. Any additional expenses incurred for Cramo as a result of Customer's transportation, positioning and utilization not being in accordance with public law requirements, will be charged to the Customer. Rental is charged per day, month, or any other time interval according to agreement or convenience. The rental price is based on a one shift utilization, i.e., 7.5 hours per day. Any added utilization will result in an additional rental charge, calculated by multiplying the daily rental charge by 1.5 for two shifts, and by 2 for three shifts. For equipment where the rental price is based on a week of 5 working days, any weekend utilization shall be added by subsequent invoice, specific to each added utilization day. A rental charge is also calculated for holidays if the machinery and equipment have not been cancelled or returned. If any bulk material such as construction fences and edge protection systems have not been cancelled/returned in complete transport crates or pallets, an additional split charge shall be added for each delivery/return. In the event of a dispute regarding ordered / returned equipment / amounts, photo documentation and potential documented correspondence from Cramo is valid documentation. Cramo reserves its rights to modify any prices or insurance premiums without prior notice. Any price modifications shall not take effect for ongoing rentals.
Sample 1Sample 2
Rental Calculation. Rental starts on April 1 (if the hand over is on April 1, rental starts on May 1). Rental payment should be made before the 30th of each month. A surcharge of 5% per day will be added if the rental payment is over 10 days.
Sample 1
Rental Calculation. Rental prices are based on the current indicative price list of Cramo. In addition to the agreed Rental price, public taxes and charges apply, this includes value added tax, insurance (cf. art. 12), and any transportation, operation and maintenance costs. Any additional expenses incurred for Cramo as a result of Customer's transportation, positioning and usage not being in accordance with public law requirements, will be charged to the Customer. Rent is charged per day, month, or any other time interval according to agreement or convenience. The rental price is based on a one shift usage, i.e. 7.5 hours per day. Any added usage will result in an additional charge, calculated by multiplying the daily rent by 1.5 for two shifts, and by 2 for three shifts. For equipment where the rental price is based on a week of 5 working days, any weekend use shall be added by subsequent invoice, specific to each added day. Rent is also calculated for holidays as long as the machinery and equipment have not been cancelled or returned. If any bulk material such as construction fences and edge protection systems has not been cancelled/returned in complete transport crates or pallets, an additional split charge shall be added for each delivery/return. Cramo reserves its rights to modify any prices or insurance premiums without prior notice. Any price modifications shall not take effect for ongoing leases.
Sample 1
Rental Calculation. All prices are presented and invoiced in Norwegian Krone (NOK). Rental prices are based on the current indicative price list of Cramo. In addition to the agreed rental price, public taxes and charges apply, this includes value added tax, insurance (cf. Art. 12), and any transportation, operation and maintenance costs. Any additional expenses incurred for Cramo as a result of Customer's transportation, positioning and utilization not being in accordance with public law requirements, will be charged to the Customer. Rental is charged per day, month, or any other time interval according to agreement or convenience. The rental price is based on a one shift utilization, i.e., 7.5 hours per day. Any added utilization will result in an additional rental charge, calculated by multiplying the daily rental charge by 1.5 for two shifts, and by 2 for three shifts. For equipment where the rental price is based on a week of 5 working days, any weekend utilization shall be added by subsequent invoice, specific to each added utilization day. A rental charge is also calculated for holidays if the machinery and equipment have not been cancelled or returned. If any bulk material such as construction fences and edge protection systems have not been cancelled/returned in complete transport crates or pallets, an additional split charge shall be added for each delivery/return. Cramo reserves its rights to modify any prices or insurance premiums without prior notice.
Sample 1

Related to Rental Calculation

  • Pro Forma Calculations Notwithstanding anything to the contrary herein (subject to Section 1.02(j)), the First Lien Net Leverage Ratio, the Total Net Leverage Ratio and the Fixed Charge Coverage Ratio and Consolidated Net Tangible Assets shall be calculated (including for purposes of Sections 2.14 and 2.15) on a Pro Forma Basis with respect to each Specified Transaction occurring during the applicable four quarter period to which such calculation relates, and/or subsequent to the end of such four-quarter period but not later than the date of such calculation; provided that notwithstanding the foregoing, when calculating the First Lien Net Leverage Ratio for purposes of (i) determining the applicable percentage of Excess Cash Flow for purposes of Section 2.05(b), (ii) the Applicable Rate, (iii) the Applicable Commitment Fee and (iv) determining actual compliance (and not Pro Forma Compliance or compliance on a Pro Forma Basis) with the Financial Covenant, any Specified Transaction and any related adjustment contemplated in the definition of Pro Forma Basis (and corresponding provisions of the definition of Consolidated EBITDA) that occurred subsequent to the end of the applicable four quarter period shall not be given Pro Forma Effect. For purposes of determining compliance with any provision of this Agreement which requires Pro Forma Compliance with the Financial Covenant, (x) in the case of any such compliance required after delivery of financial statements for the fiscal quarter ending on or about June 30, 2014, such Pro Forma Compliance shall be determined by reference to the maximum First Lien Net Leverage Ratio permitted for the fiscal quarter most recently then ended for which financial statements have been delivered (or were required to have been delivered) in accordance with Section 6.01, or (y) in the case of any such compliance required prior to the delivery referred to in clause (x) above, such Pro Forma Compliance shall be determined by reference to the maximum First Lien Net Leverage Ratio permitted for the fiscal quarter ending June 30, 2014. With respect to any provision of this Agreement (other than the provisions of Section 6.02(a) or Section 7.08) that requires compliance or Pro Forma Compliance with the Financial Covenant, such compliance or Pro Forma Compliance shall be required regardless of whether the Lux Borrower is otherwise required to comply with such covenant under the terms of Section 7.08 at such time. For purposes of making any computation referred to above:

  • Subsequent Recalculation In the event the Internal Revenue Service adjusts the computation of the Company under Section 5.2 herein so that the Executive did not receive the greatest net benefit, the Company shall reimburse the Executive for the full amount necessary to make the Executive whole, plus a market rate of interest, as determined by the Committee, within 30 days after such adjustment.

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Financial Covenant Calculations The parties hereto acknowledge and agree that, for purposes of all calculations made in determining compliance for any applicable period with the financial covenants set forth in Section 6.7 and for purposes of determining the Applicable Margin, (i) after consummation of any Permitted Acquisition, (A) income statement items and other balance sheet items (whether positive or negative) attributable to the target acquired in such transaction shall be included in such calculations to the extent relating to such applicable period (including by adding any cost saving synergies associated with such Permitted Acquisition in a manner reasonably satisfactory to the Agent), subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness of a target which is retired in connection with a Permitted Acquisition shall be excluded from such calculations and deemed to have been retired as of the first day of such applicable period and (ii) after any Disposition permitted by Section 6.8), (A) income statement items, cash flow statement items and balance sheet items (whether positive or negative) attributable to the property or assets disposed of shall be excluded in such calculations to the extent relating to such applicable period, subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness that is repaid with the proceeds of such Disposition shall be excluded from such calculations and deemed to have been repaid as of the first day of such applicable period.

  • Financial Calculations (a) All financial calculations to be made under, or for the purposes of, this Agreement and any other Transaction Document shall be determined in accordance with the Accounting Principles and, except as otherwise required to conform to any provision of this Agreement, shall be calculated from the then most recently issued quarterly financial statements, prepared on a consolidated basis, which the Borrower is obligated to furnish to IFC under Section 6.03 (a) (Reporting Requirements).

  • Calculation Any figure or percentage referred to in this Agreement shall be carried to seven decimal places.

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • Accounting Terms; GAAP; Pro Forma Calculations (a) Except as otherwise expressly provided herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in effect from time to time; provided that, if the Borrower notifies the Administrative Agent that the Borrower requests an amendment to any provision hereof to eliminate the effect of any change occurring after the date hereof in GAAP or in the application thereof on the operation of such provision (or if the Administrative Agent notifies the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such change in GAAP or in the application thereof, then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such notice shall have been withdrawn or such provision amended in accordance herewith. Notwithstanding any other provision contained herein, all terms of an accounting or financial nature used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made (i) without giving effect to any election under Accounting Standards Codification 000-00-00 (or any other Accounting Standards Codification or Financial Accounting Standard having a similar result or effect) to value any Indebtedness or other liabilities of the Borrower or any Subsidiary at “fair value”, as defined therein and (ii) without giving effect to any treatment of Indebtedness in respect of convertible debt instruments under Accounting Standards Codification 470-20 (or any other Accounting Standards Codification or Financial Accounting Standard having a similar result or effect) to value any such Indebtedness in a reduced or bifurcated manner as described therein, and such Indebtedness shall at all times be valued at the full stated principal amount thereof.

  • Rental Adjustment The lesser of (i) 2.00%, or (ii) 1.25 times the change in the Price Index, as described in Section 4.02.

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