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Truck Lease Agreement
1. Parties: Identifies and provides full details of the lessor and lessee, including business registration numbers and addresses
2. Background: Explains the context of the agreement and the parties' intentions to enter into a truck lease arrangement
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Lease Object: Detailed description of the truck(s) being leased, including specifications, registration numbers, and condition
5. Lease Term: Specifies the duration of the lease, including start and end dates, and any renewal options
6. Rent and Payment Terms: Details of lease payments, including amount, frequency, payment method, and late payment consequences
7. Delivery and Return: Conditions for initial delivery and final return of the vehicle, including inspection procedures
8. Use of Vehicle: Permitted uses, territorial limitations, and operational requirements for the leased truck
9. Maintenance and Repairs: Responsibilities for vehicle maintenance, repair procedures, and cost allocation
10. Insurance Requirements: Mandatory insurance coverage and responsibility for insurance costs
11. Liability and Indemnification: Allocation of risks and responsibilities between parties
12. Termination: Conditions and procedures for early termination of the lease
13. Governing Law and Jurisdiction: Specifies Danish law as governing law and establishes jurisdiction for disputes
14. Signatures: Execution block for parties' signatures and date of signing
1. Sublease Rights: Include when sublease rights are to be granted to the lessee
2. Driver Requirements: Include when specific driver qualifications or restrictions need to be imposed
3. Fuel Cards: Include when fuel card services are part of the lease arrangement
4. Telematics and Monitoring: Include when vehicle tracking or monitoring systems are installed
5. Cross-Border Operations: Include when the truck will be operated internationally
6. Environmental Compliance: Include when specific environmental standards or certifications must be maintained
7. Option to Purchase: Include when the lessee has an option to purchase the truck at lease end
8. Replacement Vehicle: Include when terms for provision of replacement vehicles during maintenance are needed
1. Schedule 1 - Vehicle Specifications: Detailed technical specifications of the leased truck(s)
2. Schedule 2 - Condition Report: Initial condition report with photographs and noted defects
3. Schedule 3 - Maintenance Schedule: Required maintenance intervals and procedures
4. Schedule 4 - Insurance Requirements: Detailed insurance coverage requirements and minimum limits
5. Schedule 5 - Rent Calculation: Breakdown of rent calculation including base rent and additional charges
6. Schedule 6 - Permitted Drivers: List of authorized drivers and required qualifications
7. Appendix A - Return Conditions: Detailed specifications for acceptable condition upon return
8. Appendix B - Damage Price List: Pre-agreed costs for various types of damage
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