Common use of Total Amount Payable Clause in Contracts

Total Amount Payable. (a) The total amount you will pay for the RTO Plan is set out in the RTO Form (Total Cost). The Total Cost is the sum of the Down Payment and either: (i) 36 x the Weekly Rental Fee for a New E-Bike; or (ii) 26 x Weekly Rental Fee for a Used E-Bike. (b) Once you pay (in full): (i) the Weekly Fee for 36 weeks for a New E-Bike or 26 weeks for a Used E-Bike; or (ii) the balance of the Total Cost, title to the E-Bike will transfer to you. This means you will now be the owner of the E-Bike (Completion). (c) The Weekly Rental Fees are not payments towards the E-Bike. This means the Weekly Rental Fees won’t be refunded if you cancel the RTO Plan. The Weekly Rental Fees are for: (i) leasing the E-Bike; and (ii) the benefits of the RTO Plan (for example, regular servicing and free repairs for wear and tear).

Total Amount Payable. (a) The total amount you will pay for the RTO Plan is set out in the RTO Form (Total Cost). The Total Cost is the sum of the Down Payment and either: (i) 36 52 x the Weekly Rental Fee for a New E-Bike; or (ii) 26 16 x Weekly Rental Fee for a Used E-Bike. (b) Once you pay (in full): (i) the Weekly Fee for 36 weeks for either 52 or 16 consecutive weeks, depending on whether you have a New E-Bike or 26 weeks for a Used E-Bike; or (ii) the balance of the Total Cost, title to the E-Bike will transfer to you. This means you will now be the owner of the E-Bike (Completion). (c) The Weekly Rental Fees are not payments towards the E-Bike. This means the Weekly Rental Fees won’t be refunded if you cancel the RTO Plan. The Weekly Rental Fees are for: (i) leasing the E-Bike; and (ii) the benefits of the RTO Plan (for example, regular servicing and free repairs for wear and tear).

Total Amount Payable. (a) The total amount you will pay for the RTO Plan is set out in the RTO Form (Total Cost). The Total Cost is the sum of the Down Payment and either: (i) 36 52 x the Weekly Rental Fee for a New E-Bike; or (ii) 26 52 x Weekly Rental Fee for a Used E-Bike. (b) Once you pay (in full): (i) the Weekly Fee for 36 weeks for a New E-Bike or 26 weeks for a Used E-Bike52 weeks; or (ii) the balance of the Total Cost, title to the E-Bike will transfer to you. This means you will now be the owner of the E-Bike (Completion). (c) The Weekly Rental Fees are not payments towards the E-Bike. This means the Weekly Rental Fees won’t be refunded if you cancel the RTO Plan. The Weekly Rental Fees are for: (i) leasing the E-Bike; and (ii) the benefits of the RTO Plan (for example, regular servicing and free repairs for wear and tear).