Common use of Identification of Equipment Clause in Contracts

Identification of Equipment. The au- thorized carrier acquiring the use of equipment under this section shall identify the equipment as being in its service as follows: (1) During the period of the lease, the carrier shall identify the equipment in accordance with the FMCSA’s require- ments in 49 CFR part 390 of this chap- ter (Identification of Vehicles). (2) Unless a copy of the lease is car- ried on the equipment, the authorized carrier shall keep a statement with the equipment during the period of the lease certifying that the equipment is being operated by it. The statement shall also specify the name of the owner, the date and length of the lease, any restrictions in the lease relative to the commodities to be transported, and the address at which the original lease is kept by the authorized carrier. This statement shall be prepared by the au- thorized carrier or its authorized rep- resentative.

Appears in 5 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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