Variable Rental Payments Sample Clauses

Variable Rental Payments. (a) The Variable Rental is subject to periodic review during the Lease Period as set out in the Offer Letter. (b) The Variable Rental shall be established and calculated by reference to the Profit Rate for the next period. (c) Through the relevant Rental Payment Schedules the Customer will receive notification in writing of any changes in the Variable Rental. If a Customer is not notified of any change to the Variable Rental, the same benchmark rate, which was applicable for the previous period, shall apply.