Licencing requirements Clause Samples
The 'Licensing requirements' clause sets out the obligation for one or more parties to obtain and maintain all necessary licenses, permits, or approvals needed to legally perform their duties under the agreement. This clause typically specifies which licenses are required, who is responsible for securing them, and may outline the consequences of failing to comply, such as suspension of services or termination of the contract. Its core function is to ensure that all activities conducted under the agreement are lawful and compliant with relevant regulations, thereby reducing legal and operational risks for all parties involved.
Licencing requirements. Neither the Borrowers, nor any of its Subsidiaries shall engage in business subject to any licence requirement unless such licence(s) are obtained and operated in accordance with the relevant requirements.
Licencing requirements. To rent a vehicle you must present a valid unrestricted driver’s licence (i.e. not a probationary licence) that you have held for a minimum of twelve months. The licence must include a photo of yourself and be written in English. If the licence is not in English you must carry an English translation and an international driving permit. Damage fee reduction (DFR) reduces your liability if taken by you in accordance with your rental agreement as per the table of options below. This reduction varies by age of hirer and applies to the youngest driver nominated on the rental agreement. Note: DFR does not cover certain loss or damage and cannot be waived in full. (Refer to Exclusion of Damage Cover.) MULTIPLE VEHICLE ACCIDENTS $2500 $750 $350 SINGLE VEHICLE ACCIDENTS $4000 $4000 $350 DAILY CHARGE $0 $15 $25 MULTIPLE VEHICLE ACCIDENTS $1500 - - SINGLE VEHICLE ACCIDENTS $4000 - - DAILY CHARGE $20 - - A DSB will be charged upfront in the amount of $200.00 for passenger vehicles. Speciality or other vehicles will be quoted by BC Car Rentals on as needs basis. The DSB is to be paid by Visa/Mastercard/American Express and the card holder has to be present at the time of vehicle collection. No cash deposit will be accepted. Upon returning the vehicle you may pay for any extra rental or other charges, however, until clearance of the motor vehicle to be undertaken within 2 clear business days your credit card may be charged with additional charges as per this agreement and/or for any damage to the vehicle found on the inspection undertaken by BC Car Rentals mechanical staff.