Common use of Lease Management Clause in Contracts

Lease Management. The overall supervision and monitoring of compliance with lease specifications shall be the responsibility of the Lessee. The Lessee will address and resolve concerns or questions regarding this Agreement or operation of the leased vehicles with the Lessor. This Agreement or any part thereof may be renegotiated in circumstances where changes are required by federal law or regulations, state law or regulations, court orders or actions, or when the parties agree that a new lease would better meet their needs than existing terms and conditions of this lease. Any revisions to this lease must be agreed to by both parties, as evidenced by an addendum signed by the authorized representative of each party and approved by the Department.

Lease Management. The overall supervision and monitoring of compliance with lease specifications shall will be the responsibility of the Lessee. The Lessee will address and resolve concerns or questions regarding this Agreement lease agreement or operation of the leased vehicles transit program with the LessorGrantee. This Agreement lease or any part thereof may be renegotiated in circumstances where changes are required by federal law Federal Law or regulations, state State law or regulations, court orders or actions, or when the parties agree that a new lease would better meet their particular needs than existing terms and conditions of this lease. Any revisions to this lease must be agreed to by both parties, parties as evidenced by an addendum signed by the authorized representative of each party and approved by the Department.