Excess Mileage Clause Samples
The Excess Mileage clause defines the terms and consequences when a lessee exceeds the mileage limit specified in a vehicle lease agreement. Typically, this clause sets a maximum number of miles that the vehicle can be driven during the lease period, and if the lessee surpasses this limit, they are required to pay a predetermined fee for each additional mile. For example, if the lease allows 12,000 miles per year and the lessee drives 13,000 miles, they would owe an excess mileage charge based on the extra 1,000 miles. This clause serves to protect the lessor from the increased depreciation and wear associated with higher vehicle usage, ensuring that the vehicle retains its value at the end of the lease term.
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Excess Mileage. 6.1. It is anticipated that the annual vehicle usage will be approximately 20,000 miles, or 60,000 miles over 3 years. Contractor shall stipulate the price per mile over 60,000 miles, on the item page. (Mileage to start when entity accepts the vehicle.)
Excess Mileage. If the agreed average monthly mileage of the Vehicle is exceeded then the Lessor is entitled to charge additional fee for the excess mileage in the amount set in the Special Terms of the Contract, which shall be settled as a part of the final Lease payment. If the agreed average monthly mileage of the Vehicle exceeds 20% (twenty percent) or more then the Lessor is entitled to charge a fee for the excess mileage separately during the lent terms – together with monthly Lease Payments. The monthly mileage set in the Contract can be increased by written agreement of Parties.
Excess Mileage. Between the following named points, mileage in excess of actual distance between such points, shall be allowed, viz: Passenger Service Between: Los Angeles and Bakersfield. 5 miles Bakersfield and Mojave. 7 miles Roseville and Truckee. 8 miles Truckee and Roseville. 8 mlles Red Bluff and Dunsmuir. 6 ▇▇▇▇▇ ▇▇▇▇▇▇ and Dunsmuir. 6 mlles Freight Service Los Angeles and Mojave. 5 miles Mojave and Bakersfield. 7 mlles Mojave and Palmdale (Bakersfield-Colton pool freight service only). 2 miles Sacramento and Truckee. 32 mlles Truckee and Sacramento. 32 mlles Roseville and Truckee. 20 miles Truckee and Roseville. 20 mlles Roseville and Summit. 17 miles Roseville and Norden. 17 miles Norden and Roseville. 17 miles Colfax and Summit. 10 miles Colfax and Norden. 10 mlles Colfax and Truckee. 13 mlles Truckee and Colfax. 13 miles Red Bluff and Dunsmuir. 39 miles ▇▇▇▇▇▇ and Dunsmuir. 39 mlles Dunsmuir and Ashland. 31 miles Dunsmuir and ▇▇▇▇▇▇▇▇▇. 29 miles ▇▇▇▇▇▇▇▇▇ and Ashland. 14 miles Ashland and Roseburg. 1 mlle Allowed mileage stated as per this Article will not be allowed on runs not covering the entire distance between points named.
Excess Mileage. 6.1 Excess mileage charge Per mile £0.20 (20p)
Excess Mileage. XX cents per mile from the transfer station to the disposal facility by the shortest route via roads on which haulers could drive their heavy trucks, for each of County’s franchised or contract haulers
Excess Mileage. LESSEE agrees to pay for excess mileage at the rate of $.10 per mile in excess of 15,000 miles per year. The payment for excess mileage shall be due at the end of the term of the lease.
Excess Mileage. Mileage Maintenance Options Declaration Your Signature(s) Witness to your signature(s) Terms
1 Making this Agreement
Excess Mileage. For all motorized rentals; mileage over the 100 miles included per day, or any pre-paid ▇▇▇▇▇ is charged at $.65/mile after rental return.
Excess Mileage. Another key feature of PCP is consideration to the amount of kilometres/ mileage that you will do in your car. This consideration is important in determining the suitability of PCP in meeting your needs, objectives and circumstances. The maximum permitted mileage can vary and accordingly this will influence the Guaranteed Future Value, and repayment amounts in your Agreement. See section 4 as in certain circumstances excess mileage charges may apply. Excess Mileage Charge Rates if the Permitted Maximum Kilometres is exceeded is charged at a Cents per kilometre + VAT. The Schedule of Goods on page 3 will set out the Permitted Maximum Kilometres and the Excess Mileage Charge Rate.
Excess Mileage. If the agreed average monthly mileage of the Vehicle exceeds 20% (twenty percent) or more then Lessor is entitled to charge a fee for the excess mileage separately during the Lease period or upon agreement of Parties, to amend the Contract to increase monthly mileage. If the average monthly mileage is exceeded by less than 20%, the extra amount shall be settled as a part of the final payment. The Allowed mileage during the rental period (km) and the Calculated mileage per year/month (km) set out in the Special Terms are calculated in consideration that the Contract is in force for the entire rental period agreed in the Contract. In the event of early termination of the Contract, these items will be automatically recalculated on a pro-rata basis, taking into account the actual duration of the Contract and the mileage of the Vehicle at the time of its return. The values resulting from the recalculation will be used to calculate the Excess Mileage.