Occupational Rental. An amount calculated by taking the full purchase price and by multiplying this by 0,75% [NOUGHT COMMA SEVEN FIVE PER CENT] being the sum of: R Schedule “A” - Page 3 Purpose for which the Unit will be used: RESIDENTIAL The Purchaser must record here, for the record and for the Seller/Developer to know, the representations and promises not recorded in the agreement, that have been made to the Purchaser by the Seller/Developer and/or the agent and/or a person acting on behalf of the Seller/Developer which has caused the Purchaser to enter into this agreement: (If additional space is required please continue on another page, sign it, and annex it to the agreement)

Occupational Rental means an amount equal to 1% (one) of the total Purchase Price, payable to the Seller monthly in advance from date of occupation to date of registration, plus payment of current levy amount.

Occupational Rental means the occupational rental amount set out in item 1.7;

Examples of Occupational Rental in a sentence

Occupational Rental on the Unit shall be calculated at 1% (ONE PERCENT) of the Purchase Price per month, from date of occupation as anticipated above.
If there is a delay in the registration of transfer of the Property for which the Purchaser is responsible, the Purchaser shall in addition to any Occupational Rental payable, compensate the Seller by way of an interest payment on the Purchase Price calculated at the rate of 15% per year, from the date on which the Purchaser receives written notice from the Seller or the Conveyancers as being in xxxx, to the date upon which the Purchaser ceases to be in xxxx.
If the Occupation Date does not coincide with the Transfer Date then the party having occupation of the Property whilst registered in the other party’s name, shall pay the Occupational Rental specified in clause 7 of the Schedule, reduced pro rata for a period less than a calendar month, calculated inclusive of the Occupation Date and the Transfer Date.
The Occupational Rental is payable on the first day of each month, in advance.
He then joined Saudi Fransi Capital as Head of Wealth Management until May 2018, holding a Bachelor's degree in Business Administration in 1995 and a Qualified Financial Planner Certificate from the Arab Monetary Agency and the Institute of Banking in 2004.

More Definitions of Occupational Rental

Occupational Rental means the amount reflected in item G of the Schedule which shall be paid by the Purchaser to the Seller from the Occupation Date to the Registration Date;

Occupational Rental. - means the amount described in clause C(f) of the main agreement;

Occupational Rental means the amount reflected in item Error! Reference source not found. of the Schedule which shall be paid by the Purchaser to the Seller from the Occupation Date to the Registration Date;

Occupational Rental means occupational rental payable in respect of the Property which is indicated in Annexure ''A'' attached hereto, per month;

Occupational Rental. ( if agreed upon) means the consideration payable by the Purchaser for the right to occupy the Section in the amount set out in item 3.5.7 of the Transaction Schedule, to be assessed proportionally in the case of a broken Month;

Occupational Rental means the amount set out Clause 3.7 of the Covering Schedule;

Occupational Rental means the amount described in clause 7.3;