Common use of Lease Payment Clause in Contracts

Lease Payment. 2.1 The Lessee shall pay to the Lessor regular monthly Lease Payments for the current month, as well as all other payments for which the payment term is not set in the Contract, within 15 days as from the date of issue of the invoice, unless stated otherwise in Special Terms of the Contract or respective invoice. 2.2 The Contract is made, the Lease Payment and its monthly payments are calculated in consideration that the Contract is in force throughout the lease term originally agreed in the Contract. In case of early termination of the Contract (including Sections 9.1 and 9.2 of the General Terms), the Lease Payment for the last month when the Contract is in force shall be determined as the highest of the following amounts: (i) the originally established monthly Lease Payment plus 30% of the remaining Lease Payments from the period, when the Vehicle is returned to the Lessor, till the ending date of the lease period originally agreed upon in the Contract, or (ii) the originally established monthly Lease Payment plus the sum equal to 3 monthly Lease Payments. 2.3 If the Vehicle has not been leased for a full calendar month, the payable Lease Payment is made of the proportion between the lease period in the particular month prescribed in the Contract and the number of full days in the particular month. 2.4 If the Special Terms state “included”, the Lease Payment includes: a) the mileage for the entire leasing period stipulated in the Contract; b) regular compulsory maintenance according to the Vehicle service manual; c) technical repairs due to normal wear and tear; d) expenses related to the service ensuring 24-hour technical assistance on the road within the territory of the Republic of Latvia and European Economic Area (EEA); e) change and storage of seasonal tires (at Lessor’s choice), provided that a damaged tire change / repair costs are not included and shall be done at expense of the Lessee; f) fees for initial registration and mandatory technical inspection; g) insurance payments for the Vehicle; h) all taxes and fees stipulated by the law related to the contract and the Vehicle. VAT shall be charged additionally according to the regulatory enactments. If VAT or any other taxes or fees (see above sub-paragraph h)) are changed or new taxes and/or fees are introduced during the Contract period, the Lessor will be entitled to change the amount of the Lease Payment accordingly. 2.5 Unless the Special Terms provide otherwise, the Lease Payment DOES NOT INCLUDE: a) fuel and car products; b) cleaning and waxing; c) installation, removal and fixing of accessories specified in Section 1.6 of the General Terms; d) expenses for damage apart from normal wear and tear determined in accordance to the Lessor’s Vehicle restitution guide and Vehicle defect deed made by a manufacturer’s authorized service, other service chosen by the Lessor or Xxxxxx’s authorized expert; e) penalties and fines; f) insurance deductible (own risk); g) any other costs and expenses caused as a result of the activities of Lessee with respect to undue performance of the Contract h) additional Lessor's cost incurred due to new or amended laws, rules or regulations, as well as change of VAT or any other taxes or fees or due to new taxes and fees introduced after conclusion of the Contract. 2.6 Expenses payable by the Lessee but paid by the Lessor shall be reimbursed by the Lessee on the basis of respective invoice from the Lessor no later than 15 (fifteen) working days after the Lessor's invoice date. 2.7 All payments payable by the Lessee to the Lessor shall be transferred to the bank account of the Lessor. Any bank service fees and other payments applied by the bank for making settlements are covered by the Lessee. 2.8 The Contract calculation currency is Euro. Any expenses of the Lessor due to currency exchange and loss incurred by the Lessor later due to activities of the Lessee related to making payments in the currency, which does not correspond to the currency of the Lessor’s current account, shall be covered by the Lessee. 2.9 In case the Lessee delays any of the payments prescribed by the Contract the Lessor will be entitled to use all the Lessee’s payments for covering the claims as follows: a) late interest; b) any other payments to be made in favour of Xxxxxx, save the Lease Payment;

Lease Payment. 2.1 The Lessee shall pay to the Lessor regular monthly Lease Payments for the current month, as well as all other payments for which the payment term is not set in the Contract, within 15 days as from the date of issue of the invoice, unless stated otherwise in Special Terms of the Contract or respective invoice. 2.2 The Contract is made, the Lease Payment and its monthly payments are calculated in consideration that the Contract is in force throughout the lease term originally agreed in the Contract. In case of early termination of the Contract (including Sections 9.1 and 9.2 of the General Terms), the Lease Payment for the last month when the Contract is in force shall be determined as the highest of the following amounts: (i) the originally established monthly Lease Payment plus 30% of the remaining Lease Payments from the period, when the Vehicle is returned to the Lessor, till the ending date of the lease period originally agreed upon in the Contract, or (ii) the originally established monthly Lease Payment plus the sum equal to 3 monthly Lease Payments. 2.3 If the Vehicle has not been leased for a full calendar month, the payable Lease Payment is made of the proportion between the lease period in the particular month prescribed in the Contract and the number of full days in the particular month. 2.4 If the Special Terms state “included”, the Lease Payment includes: a) the mileage for the entire leasing period stipulated in the Contract; b) regular compulsory maintenance according to the Vehicle service manual; c) technical repairs due to normal wear and tear; d) expenses related to the service ensuring 24-hour technical assistance on the road within the territory of the Republic of Latvia Lithuania and European Economic Area (EEA); e) change and storage of seasonal tires (at Lessor’s choice), provided that a damaged tire change / repair costs are not included and shall be done at expense of the Lessee; f) fees for initial registration and mandatory technical inspection; g) insurance payments for the Vehicle; h) all taxes and fees stipulated by the law related to the contract and the Vehicle. VAT shall be charged additionally according to the regulatory enactments. If VAT or any other taxes or fees (see above sub-paragraph h)) are changed or new taxes and/or fees are introduced during the Contract period, the Lessor will be entitled to change the amount of the Lease Payment accordingly. 2.5 Unless the Special Terms provide otherwise, the Lease Payment DOES NOT INCLUDE: a) fuel and car products; b) cleaning and waxing; c) installation, removal and fixing of accessories specified in Section 1.6 of the General Terms; d) expenses for damage apart from normal wear and tear determined in accordance to the Lessor’s Vehicle restitution guide and Vehicle defect deed made by a manufacturer’s authorized service, other service chosen by the Lessor or Xxxxxx’s authorized expert; e) penalties and fines; f) insurance deductible (own risk); g) any other costs and expenses caused as a result of the activities of Lessee with respect to undue performance of the Contract. h) additional Lessor's cost incurred due to new or amended laws, rules or regulations, as well as change of VAT or any other taxes or fees or due to new taxes and fees introduced after conclusion of the Contract. 2.6 Expenses payable by the Lessee but paid by the Lessor shall be reimbursed by the Lessee on the basis of respective invoice from the Lessor no later than 15 (fifteen) working days after the Lessor's invoice date. 2.7 All payments payable by the Lessee to the Lessor shall be transferred to the bank account of the Lessor. Any bank service fees and other payments applied by the bank for making settlements are covered by the Lessee. 2.8 The Contract calculation currency is Euro. Any expenses of the Lessor due to currency exchange and loss incurred by the Lessor later due to activities of the Lessee related to making payments in the currency, which does not correspond to the currency of the Lessor’s current account, shall be covered by the LesseeXxxxxx. 2.9 In case the Lessee delays any of the payments prescribed by the Contract the Lessor will be entitled to use all the Lessee’s payments for covering the claims as follows: a) late interest; b) any other payments to be made in favour of Xxxxxx, save the Lease Payment;

Lease Payment. 2.1 The Lessee shall pay to the Lessor regular monthly Lease Payments for the current month, as well as all other payments for which the payment term is not set in the Contract, within 15 days as from the date of issue of the invoice, unless stated otherwise in Special Terms of the Contract or respective invoice. 2.2 The Contract is made, the Lease Payment and its monthly payments are calculated in consideration that the Contract is in force throughout the lease term originally agreed in the Contract. In case of early termination of the Contract (including Sections 9.1 and 9.2 of the General Terms), the Lease Payment for the last month when the Contract is in force shall be determined as the highest of the following amounts: (i) the originally established monthly Lease Payment plus 30% of the remaining Lease Payments from the period, when the Vehicle is returned to the Lessor, till the ending date of the lease period originally agreed upon in the Contract, or (ii) the originally established monthly Lease Payment plus the sum equal to 3 monthly Lease Payments. 2.3 If the Vehicle has not been leased for a full calendar month, the payable Lease Payment is made of the proportion between the lease period in the particular month prescribed in the Contract and the number of full days in the particular month. 2.4 If the Special Terms state “included”, the Lease Payment includes: a) the mileage for the entire leasing period stipulated in the Contract; b) regular compulsory maintenance according to the Vehicle service manual; c) technical repairs due to normal wear and tear; d) expenses related to the service ensuring 24-hour technical assistance on the road within the territory of the Republic of Latvia and European Economic Area (EEA); e) change and storage of seasonal tires (at Lessor’s choice), provided that a damaged tire change / repair costs are not included and shall be done at expense of the Lessee; f) fees for initial registration and mandatory technical inspection; g) insurance payments for the Vehicle; h) all taxes and fees stipulated by the law related to the contract and the Vehicle. VAT shall be charged additionally according to the regulatory enactments. If VAT or any other taxes or fees (see above sub-paragraph h)) are changed or new taxes and/or fees are introduced during the Contract period, the Lessor will be entitled to change the amount of the Lease Payment accordingly. 2.5 Unless the Special Terms provide otherwise, the Lease Payment DOES NOT INCLUDE: a) fuel and car products; b) cleaning and waxing; c) installation, removal and fixing of accessories specified in Section 1.6 of the General Terms; d) expenses for damage apart from normal wear and tear determined in accordance to the Lessor’s Vehicle restitution guide and Vehicle defect deed made by a manufacturer’s authorized service, other service chosen by the Lessor or Xxxxxx’s authorized expert; e) penalties and fines; f) insurance deductible (own risk); g) any other costs and expenses caused as a result of the activities of Lessee with respect to undue performance of the Contract h) additional Lessor's cost incurred due to new or amended laws, rules or regulations, as well as change of VAT or any other taxes or fees or due to new taxes and fees introduced after conclusion of the Contract. 2.6 Expenses payable by the Lessee but paid by the Lessor shall be reimbursed by the Lessee on the basis of respective invoice from the Lessor no later than 15 (fifteen) working days after the Lessor's invoice date. 2.7 All payments payable by the Lessee to the Lessor shall be transferred to the bank account of the Lessor. Any bank service fees and other payments applied by the bank for making settlements are covered by the Lessee. 2.8 The Contract calculation currency is Euro. Any expenses of the Lessor due to currency exchange and loss incurred by the Lessor later due to activities of the Lessee related to making payments in the currency, which does not correspond to the currency of the Lessor’s current account, shall be covered by the Lessee. 2.9 In case the Lessee delays any of the payments prescribed by the Contract the Lessor will be entitled to use all the Lessee’s payments for covering the claims as follows: a) late interest; b) any other payments to be made in favour of Xxxxxx, save the Lease Payment;

Lease Payment. 2.1 The Lessee shall pay to the Lessor regular monthly Lease Payments for the current month, as well as all other payments for which the payment term is not set in the Contract, within 15 days as from the date of issue of the invoice, unless stated otherwise in Special Terms of the Contract or respective invoice. 2.2 The Contract is made, the Lease Payment and its monthly payments are calculated in consideration that the Contract is in force throughout the lease term originally agreed in the Contract. In case of early termination of the Contract (including Sections 9.1 and 9.2 of the General Terms), the Lease Payment for the last month when the Contract is in force shall be determined as the highest of the following amounts: (i) the originally established monthly Lease Payment plus 30% of the remaining Lease Payments from the period, when the Vehicle is returned to the Lessor, till the ending date of the lease period originally agreed upon in the Contract, or (ii) the originally established monthly Lease Payment plus the sum equal to 3 monthly Lease Payments. 2.3 If the Vehicle has not been leased for a full calendar month, the payable Lease Payment is made of the proportion between the lease period in the particular month prescribed in the Contract and the number of full days in the particular month. 2.4 If the Special Terms state “included”, the Lease Payment includes: a) the mileage for the entire leasing period stipulated in the Contract; b) regular compulsory maintenance according to the Vehicle service manual; c) technical repairs due to normal wear and tear; d) expenses related to the service ensuring 24-hour technical assistance on the road within the territory of the Republic of Latvia and European Economic Area (EEA); e) change and storage of seasonal tires tyres (at Lessor’s choice), provided that a damaged tire change / repair costs are not included and shall be done at expense of the Lessee; f) fees for initial registration and mandatory technical inspection; g) insurance payments for the Vehicle; h) all taxes and fees stipulated by the law related to the contract and the Vehicle. ; i) VAT shall be charged additionally on payments in Sub-sections 2.4(a)–2.4(h) above, according to the regulatory enactments. If VAT or any other taxes or fees (see above sub-paragraph h)) are changed or new such taxes and/or and fees are introduced during the Contract period, the period Lessor will be entitled to change the amount of the Lease Payment accordingly. 2.5 Unless the Special Terms provide otherwise, the Lease Payment DOES NOT INCLUDE: a) fuel and car products; b) cleaning and waxing; c) installation, removal and fixing of accessories specified in Section 1.6 of the General Terms; d) expenses for damage apart from normal wear and tear determined in accordance to the Lessor’s Vehicle restitution guide and Vehicle defect deed made by a manufacturer’s authorized service, other service chosen by the Lessor or Xxxxxx’s authorized expert; e) penalties and fines; f) insurance deductible (own franchise(own risk); g) any other costs and expenses caused as a result of the activities of Lessee with respect to undue performance of the Contract h) additional Lessor's cost incurred due to new or amended laws, rules or regulations, as well as change of VAT or any other taxes or fees or due to new taxes and fees introduced after conclusion of the Contract. 2.6 Expenses payable by the Lessee but paid by the Lessor shall be reimbursed paid by the Lessee Xxxxxx on the basis of respective invoice from the Lessor no later than 15 (fifteen) working days after the Lessor's invoice date. 2.7 All payments payable by the Lessee to the Lessor shall be transferred to the bank account of the Lessor. Any bank service fees and other payments applied by the bank for making settlements are covered by the Lessee. 2.8 The Contract calculation currency is Euro. Any expenses of the Lessor due to currency exchange and loss incurred by the Lessor later due to activities of the Lessee related to making payments in the currency, which does not correspond to the currency of the Lessor’s current account, shall be covered by the LesseeXxxxxx. 2.9 In case the Lessee delays any of the payments prescribed by the Contract the Lessor will be entitled to use all the Lessee’s payments for covering the claims as follows: a) late interest; b) any other payments to be made in favour of Xxxxxx, save the Lease Payment;