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Contract Vehicle Leasing
"I need a Contract Vehicle Leasing agreement for a fleet of 10 electric delivery vans being leased to a corporate client starting March 2025, with maintenance package included and an option to purchase at the end of the 36-month term."
1. Parties: Identification of the lessor and lessee, including full legal names, addresses, and registration details if companies
2. Background: Context of the agreement and general purpose of the vehicle lease
3. Definitions: Definitions of key terms used throughout the agreement
4. Lease Term: Duration of the lease, commencement date, and conditions for renewal
5. Vehicle Description: Detailed description of the leased vehicle including make, model, year, VIN, and registration number
6. Rental Payments: Payment terms, amounts, frequency, and method of payment
7. Security Deposit: Details of required security deposit, conditions for retention and return
8. Vehicle Use and Restrictions: Permitted use of vehicle, geographical restrictions, and prohibited activities
9. Insurance Requirements: Mandatory insurance coverage, responsibilities for insurance maintenance
10. Maintenance and Repairs: Responsibilities for vehicle maintenance, service requirements, and repair procedures
11. Lessee Obligations: General obligations including compliance with laws, reporting requirements
12. Lessor Obligations: Lessor's responsibilities including vehicle condition warranties and support services
13. Default and Remedies: Events of default and available remedies for both parties
14. Termination: Conditions and procedures for early termination or end of lease
15. Return of Vehicle: Conditions for vehicle return, wear and tear standards
16. General Provisions: Standard contract clauses including governing law, notices, and assignment
1. Purchase Option: Terms for purchasing the vehicle at end of lease - include when offering lease-to-own options
2. Additional Drivers: Provisions for authorized additional drivers - include when multiple drivers are permitted
3. Overseas Use: Terms for using vehicle outside New Zealand - include when international travel is permitted
4. Fleet Management: Special terms for fleet management services - include when offering fleet management
5. Replacement Vehicle: Terms for provision of replacement vehicle - include when offering this service
6. Modifications: Terms for vehicle modifications - include when modifications are permitted
7. Sublease Provisions: Terms for subleasing - include when subleasing is permitted
8. Green Vehicle Provisions: Special terms for electric/hybrid vehicles - include for eco-friendly vehicles
1. Schedule 1 - Vehicle Specification: Detailed technical specifications of the vehicle
2. Schedule 2 - Financial Terms: Detailed breakdown of all financial terms including payments, fees, and charges
3. Schedule 3 - Maintenance Schedule: Required maintenance intervals and procedures
4. Schedule 4 - Condition Report: Initial vehicle condition report with photos
5. Schedule 5 - Insurance Requirements: Detailed insurance requirements and minimum coverage
6. Schedule 6 - Fair Wear and Tear Guide: Standards for acceptable wear and tear
7. Appendix A - Return Condition Checklist: Checklist for vehicle return inspection
8. Appendix B - Authorized Servicers: List of authorized maintenance and repair providers
Authors
Automotive
Transportation & Logistics
Fleet Management
Financial Services
Construction
Mining
Agriculture
Retail
Manufacturing
Professional Services
Healthcare
Tourism & Hospitality
Legal
Finance
Procurement
Operations
Risk & Compliance
Fleet Management
Sales
Account Management
Corporate Services
Administration
Fleet Manager
Procurement Manager
Legal Counsel
Finance Manager
Operations Manager
Risk Manager
Compliance Officer
Contract Administrator
Chief Financial Officer
Business Development Manager
Sales Manager
Account Manager
Transportation Manager
Logistics Coordinator
Corporate Services Manager
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