Common use of Payments to Client Clause in Contracts

Payments to Client. 6.1 In respect of each RENTAL POOL PERIOD, the client shall be paid Rx where x equals GR-E all divided by PP where:- GR equals the total revenue earned by the RENTAL POOL less the management fee of 30% of the total revenue earned by RENTAL POOL payable to the COMPANY, it been recorded that such revenue excludes any amount payable in terms of clause

Appears in 2 contracts

Sources: Rental Pool Agreement, Rental Pool Agreement