Finance or Leasing arrangements Sample Clauses

Finance or Leasing arrangements. ‌ If at any time during the Term, the Contractor enters into any finance or leasing arrangements for transport types to provide the Services in accordance with the Contract the following provisions apply: (a) the Contractor to notify the Principal of such intention in writing and to provide full details (including the identity of the finance or leasing company, the number of and description of the transport types and the terms of the finance or leasing arrangements) and will consult with the Principal in order to agree the terms of such finance or leasing arrangements; (b) the Contractor shall not enter into the finance or leasing arrangements unless the arrangements have been approved by the Principal in writing.‌