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1. Parties: Identification of the Lessor and Lessee with full legal names, commercial registration numbers, and authorized representatives
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement, including technical and financial terms
4. Lease Grant: Core provision establishing the lease of the truck(s) from Lessor to Lessee
5. Term and Renewal: Duration of the lease, commencement date, and renewal provisions
6. Rent and Payment Terms: Rental amount, payment schedule, method of payment, and late payment consequences
7. Delivery and Acceptance: Terms regarding the delivery of the truck(s) and acceptance procedures
8. Use and Operating Conditions: Permitted use, geographical limitations, and operating requirements
9. Maintenance and Repairs: Responsibilities for maintenance, repairs, and associated costs
10. Insurance and Liability: Required insurance coverage and allocation of liability
11. Return Conditions: Requirements for the condition of the truck(s) upon return
12. Termination: Grounds for termination and consequences
13. Governing Law and Jurisdiction: Confirmation of Saudi Arabian law and jurisdiction
14. Notices: Process for formal communications between parties
1. Multiple Vehicle Provisions: Additional terms when lease covers multiple trucks - use when more than one vehicle is involved
2. Sublease Rights: Terms governing the right to sublease - include if sublease rights are to be granted
3. Purchase Option: Terms for potential purchase of the truck(s) - include if lease-to-own arrangement
4. Cross-Border Operations: Additional requirements for international operation - include if trucks will operate outside Saudi Arabia
5. Driver Requirements: Specific driver qualification and training requirements - include if lessor provides or requires specific driver standards
6. Fuel Management: Terms regarding fuel cards, consumption monitoring - include if fuel management is part of the service
7. Telematics and Monitoring: Terms regarding vehicle tracking and monitoring systems - include if telematics systems are installed
1. Schedule 1 - Vehicle Specifications: Detailed technical specifications of the leased truck(s)
2. Schedule 2 - Rental Payment Schedule: Detailed breakdown of rental payments and dates
3. Schedule 3 - Maintenance Schedule: Required maintenance intervals and procedures
4. Schedule 4 - Acceptance Certificate: Form for documenting vehicle delivery and acceptance
5. Schedule 5 - Return Condition Standards: Detailed standards for acceptable vehicle condition upon return
6. Schedule 6 - Insurance Requirements: Specific insurance coverage requirements and minimum limits
7. Appendix A - Operating Territories: Approved geographical areas for vehicle operation
8. Appendix B - Authorized Drivers: List of approved drivers and qualification requirements
Transportation and Logistics
Construction
Manufacturing
Retail and Distribution
Oil and Gas
Mining
Agriculture
Waste Management
Food and Beverage
E-commerce
Legal
Operations
Finance
Procurement
Fleet Management
Risk and Compliance
Supply Chain
Logistics
Commercial
Fleet Manager
Procurement Manager
Operations Director
Commercial Manager
Legal Counsel
Finance Manager
Logistics Manager
Transportation Manager
Risk Manager
Compliance Officer
Supply Chain Manager
Contract Administrator
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