Actual Rental Period Indemnity
Less than 12 months 80% of the total of the remained rental under the
Agreement = 36 months – the number of months
Lapsed x monthly rental x 80%
12-24 months 60% of the total of the remained rental under the
Agreement = 36 months – the number of months
Lapsed x monthly rental x 60%
Over 24 months 40% of the total of the remained rental under the
Agreement = 36 months – the number of months
Lapsed x monthly rental x 40%