Examples of Base Rental in a sentence
For portions of a rental period beyond one or more full Base Periods, rental shall be calculated by the fractional period multiplied by the Base Rental rate.
For each hour that the Equipment is in use in excess of the applicable contemplated operation, there shall be paid as rental a sum equal to the Base Rental rate multiplied by the overtime rate in Column 3 below.
Base Rental rates contemplate the following maximum use: Day - 8 hrs.
If rental rates for the equipment being used in the work are not listed in the Blue Book or otherwise readily available, the Hourly Operating Cost will be 15% of the established Hourly Base Rental Rate.
Monthly Base Rental Rate – The portion of the monthly rental payment, which is attributable to debt service and return on equity (excluding operating costs).