Standard Plan. Each month during the Term, Rental Manager will deduct from the Gross Revenue, an amount equal to thirty-five percent (35%) of Gross Revenue as a commission for securing and servicing the rentals. From the remaining balance Rental Manager shall deduct the Monthly Charges, and the balance will be paid to the Owner. Under the Standard Plan, Owner’s Occupancy Period shall be limited to sixty (60) days per calendar year, with no blackout dates (for clarification, Owner shall have the right to use the Unit during Peak Season), but subject to the limitations in Section 8 below.
Appears in 1 contract
Standard Plan. Each month during the Term, Rental Manager will deduct from the Gross Revenue, an amount equal to thirty-five percent (35%) of Gross Revenue as a commission for securing and servicing the rentals. From the remaining balance Rental Manager shall deduct the Monthly Charges, and the balance will be paid to the Owner. Under the Standard Plan, Owner’s Occupancy Period shall be limited to sixty (60) days per calendar year, with no blackout dates (for clarification, Owner shall have the right to use the Unit during Peak Season), but subject to the limitations in Section 8 below.. SAMPLE
Appears in 1 contract