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This Commercial Vehicle Rental Agreement template is designed for use in the United Arab Emirates, specifically tailored for business-to-business vehicle rental arrangements. It is particularly useful when a company needs to rent commercial vehicles for business operations, whether for logistics, construction, or general commercial purposes. The agreement incorporates key requirements under UAE Federal Law No. 21 of 1995 (Traffic Law), Federal Law No. 5 of 1985 (Civil Transactions Law), and relevant commercial regulations. It addresses crucial aspects such as vehicle specifications, rental terms, maintenance responsibilities, insurance requirements, and liability provisions. This template is structured to protect both parties' interests while ensuring compliance with UAE's regulatory framework for commercial vehicle operations.

1. Parties: Identifies the contracting parties - the rental company and the renter, including full legal names, trade license numbers, and registered addresses

2. Background: Brief context of the agreement and the parties' intention to enter into a commercial vehicle rental arrangement

3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty

4. Rental Terms: Specifies the duration of the rental, renewal terms, and early termination provisions

5. Vehicle Details and Delivery: Describes the process of vehicle handover, condition assessment, and acceptance procedures

6. Rental Charges and Payment Terms: Details the rental fees, payment schedule, security deposit, and additional charges

7. Use of Vehicle: Stipulates permitted use, territorial limits, and restrictions on vehicle usage

8. Maintenance and Repairs: Outlines responsibilities for vehicle maintenance, repair procedures, and cost allocation

9. Insurance and Liability: Specifies insurance requirements, liability allocation, and indemnification provisions

10. Renter's Obligations: Lists all responsibilities and obligations of the renter during the rental period

11. Owner's Obligations: Details the rental company's responsibilities and service commitments

12. Default and Termination: Describes events of default, remedies, and termination procedures

13. Governing Law and Jurisdiction: Specifies UAE law as governing law and establishes jurisdiction for dispute resolution

14. General Provisions: Includes standard clauses such as force majeure, notices, and amendments