Common use of Rental Price Clause in Contracts

Rental Price. 3.1 Where a Rental Agreement is for a fixed duration, the Rental Price can be expressed per working day, per week or per month. If the Rental Agreement starts or ends in the course of a month, the Rental Price will be calculated pro rata temporis. Where a Rental Agreement is for an unlimited duration, the Rental Price is expressed per working day, per week or per month. If the Rental Price is expressed per working day and the Rental Agreement starts or ends in the course of a working day, that working day shall be counted for the calculation of the Rental Price as a full working day. If, however, the Rental Price is expressed per week or per month, and the Rental Agreement starts or ends in the course of a week or a month, the Rental Price shall be calculated pro rata temporis.

Appears in 5 contracts

Samples: Special Terms, Special Terms, Special Terms

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