Maintenance and Repairs. Each Lessee shall or shall cause the related Franchisees, as applicable, to pay for all maintenance and repairs to keep the Vehicles leased by such Lessee hereunder in good working order and condition, and shall or shall cause such Franchisees to maintain such Vehicles as required in order to keep the Manufacturer’s warranty in force. Each Lessee shall or shall cause the related Franchisees to return each Vehicle to an authorized Manufacturer facility or the applicable Manufacturer’s authorized warranty station for warranty work. Each Lessee shall or shall cause the related Franchisees to comply with any Manufacturer’s recall of any Vehicle. Each Lessee shall or shall cause the related Franchisees to pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Vehicles including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ prior written notice to the applicable Lessee, may pay any such expenses that have not otherwise been paid by, or on behalf of, such Lessee (including any failure by a related Franchisee to pay any such expenses), and any expenses incurred by the Lessor on such Lessee’s behalf for maintenance, repair, operation or use of Vehicles by such Lessee will be promptly reimbursed (in any event no later than the next monthly Due Date following such payment) by such Lessee to the Lessor in the amount paid by the Lessor. Each Lessee shall not make any material alterations to any Vehicles without the prior consent of the Lessor. Any improvements or additions to any Acquired Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a Vehicle made by a Lessee shall remain the property of such Lessee if it can be disconnected or removed from the Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvement.
Appears in 8 contracts
Samples: Master Motor Vehicle Lease and Servicing Agreement (Dollar Thrifty Automotive Group Inc), Master Motor Vehicle Lease and Servicing Agreement (Dollar Thrifty Automotive Group Inc), Master Motor Vehicle Lease and Servicing Agreement (Dollar Thrifty Automotive Group Inc)
Maintenance and Repairs. Each Lessee shall or shall cause the related Franchisees, as applicable, to pay for all maintenance and repairs to keep the Vehicles leased by such Lessee hereunder in good working order and condition, and shall or shall cause such Franchisees to Lessee will maintain such Vehicles as required in order to keep the Manufacturer’s 's warranty in force. Each Lessee shall or shall cause the related Franchisees to will return each Vehicle Vehicles leased by such Lessee hereunder to an authorized Manufacturer facility or the applicable Manufacturer’s such Lessee's Manufacturer authorized warranty station for warranty work. Each Lessee shall or shall cause the related Franchisees to will comply with any Manufacturer’s 's recall of any VehicleVehicle leased by such Lessee hereunder. Each Lessee shall or shall cause the related Franchisees to will pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Vehicles leased by such Lessee hereunder including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ prior written notice to the applicable Lessee, may pay any such expenses that have not otherwise been paid by, or on behalf of, such Lessee (including any failure by a related Franchisee to pay any such expenses), and any expenses incurred by the Lessor on such Lessee’s behalf for maintenance, repair, operation or use of Vehicles by such Lessee will be promptly reimbursed (in any event no later than the next monthly Due Date following such payment) by such Lessee to the Lessor in the amount paid by the Lessor. Each Lessee shall not make any material alterations to any Vehicles leased by such Lessee hereunder without the prior consent of the Lessor. Any improvements or additions to any Acquired Vehicle Vehicles shall become and remain the property of the Lessor, except that any addition or improvement to such a Vehicle Vehicles leased hereunder made by a the Lessee of such Vehicles shall remain the property of such Lessee if it such addition can be disconnected or removed from the Vehicle such Vehicles without impairing the functioning of such Vehicles or its resale value thereofvalue, other than any function or value provided by excluding such addition or improvementaddition.
Appears in 2 contracts
Samples: Master Motor Vehicle Operating Lease Agreement (Avis Rent a Car Inc), Master Motor Vehicle Operating Lease Agreement (Avis Rent a Car Inc)
Maintenance and Repairs. Each Lessee shall shall, or shall cause the related FranchiseesFleet Sharing Parties to, as applicable, to pay for all maintenance and repairs to keep the Vehicles leased by such Lessee it hereunder in good working order and condition, and shall shall, or shall cause such Franchisees Fleet Sharing Parties to, take reasonable steps to maintain such Vehicles as required in order to keep the Manufacturer’s warranty in force. Each Lessee shall shall, or shall cause the related Franchisees to Fleet Sharing Parties to, return each Vehicle to an authorized Manufacturer facility or the applicable Manufacturer’s authorized warranty station (which may be a facility of any Lessee) for warranty work. Each Lessee shall shall, or shall cause the related Franchisees Fleet Sharing Parties to, take reasonable steps to comply with any Manufacturer’s recall of any Vehicle. Each Lessee shall shall, or shall cause the related Franchisees to Fleet Sharing Parties to, pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Vehicles leased by it hereunder including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ prior written notice to the applicable Lessee, may pay any such expenses that have not otherwise been paid by, or on behalf of, such Lessee (including any failure by a related Franchisee Fleet Sharing Party to pay any such expenses), and any expenses incurred paid by the Lessor on such a Lessee’s behalf for maintenance, repair, operation or use by the Lessee of Vehicles by such Lessee will promptly be promptly reimbursed (in any event no later than the next monthly Due Payment Date following such payment) by such Lessee to the Lessor in the amount paid by the Lessor. Each No Lessee shall not make any material alterations to any Vehicles shall, without the prior consent of the Lessor, make any material alterations to (i) any Vehicle which is a Program Vehicle which would result in a reduction of the Repurchase Price for such Vehicle or make the Vehicle no longer eligible for repurchase or sale under the applicable Manufacturer Program or (ii) any Vehicle which is a Non-Program Vehicle which is likely to materially adversely affect the resale value of such Non-Program Vehicle. Any improvements or additions to any Acquired a Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a Vehicle made by a Lessee shall remain the property of such Lessee if it can be disconnected or removed from the Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvement.
Appears in 2 contracts
Samples: Master Motor Vehicle Lease and Servicing Agreement (Vanguard Car Rental Group Inc.), Master Motor Vehicle Lease and Servicing Agreement (Vanguard Car Rental Group Inc.)
Maintenance and Repairs. Each Lessee shall or shall cause the related Franchisees, as applicable, to pay for all maintenance and repairs to keep the Vehicles leased by such Lessee hereunder in good working order and condition, and shall or shall cause such Franchisees to maintain such Vehicles as required in order to keep the Manufacturer’s 's warranty in force. Each Lessee shall or shall cause the related Franchisees to return each Vehicle to an authorized Manufacturer facility or the applicable Manufacturer’s 's authorized warranty station for warranty work. Each Lessee shall or shall cause the related Franchisees to comply with any Manufacturer’s 's recall of any Vehicle. Each Lessee shall or shall cause the related Franchisees to pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Vehicles including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ ' prior written notice to the applicable Lessee, may pay any such expenses that have not otherwise been paid by, or on behalf of, such Lessee (including any failure by a related Franchisee to pay any such expenses), and any expenses incurred by the Lessor on such Lessee’s 's behalf for maintenance, repair, operation or use of Vehicles by such Lessee will be promptly reimbursed (in any event no later than the next monthly Due Date following such payment) by such Lessee to the Lessor in the amount paid by the Lessor. Each Lessee shall not make any material alterations to any Vehicles without the prior consent of the Lessor. Any improvements or additions to any Acquired Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a Vehicle made by a Lessee shall remain the property of such Lessee if it can be disconnected or removed from the Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvement.
Appears in 2 contracts
Samples: Master Motor Vehicle Lease and Servicing Agreement (Dollar Thrifty Automotive Group Inc), Master Motor Vehicle Lease and Servicing Agreement (Dollar Thrifty Automotive Group Inc)
Maintenance and Repairs. Each Lessee shall or shall cause the related Franchisees, as applicable, to pay for all maintenance and repairs agrees at its expense to keep both the Vehicles leased by such Lessee hereunder in good working order interior and conditionexterior (including the foundation, and shall roof, exterior walls or shall cause such Franchisees to maintain such Vehicles as required in order to keep any structural part of the Manufacturer’s warranty in force. Each Lessee shall or shall cause building) of the related Franchisees to return each Vehicle to an authorized Manufacturer facility or the applicable Manufacturer’s authorized warranty station for warranty work. Each Lessee shall or shall cause the related Franchisees to comply with any Manufacturer’s recall of any Vehicle. Each Lessee shall or shall cause the related Franchisees to payDemised Premises, or cause to be paid, all usual and routine expenses incurred in the use and operation of Vehicles including, including but not limited toto parking areas, fuelsidewalks and driveways, lubricantsin good repair and in a clean and wholesome condition and to at all times fully comply with all health and police regulations in force and also will make at its own expense all additions, improvements, alterations, repairs and coolants. The Lessor, upon thirty (30) days’ prior written notice replacements on the Demised Premises and on and to the applicable Lessee, appurtenances and equipment thereof required by any Legal Requirements or Environmental Laws as required by Article 33 or which may pay any such expenses that have not otherwise been paid by, or on behalf of, such Lessee (including any failure by a related Franchisee to pay any such expenses), and any expenses incurred be made necessary by the act or neglect of any other person or corporation (public or private) and will keep Lessor on such harmless and indemnified at all times against any loss, damage, cost or expense by reason of the failure so to do in any respect or by reason of any accident, loss or damage resulting to persons or property from any use which may be made of said premises or of any improvements at any time situated thereon or by reason or growing out of any act or thing done or omitted to be done by Lessee’s behalf for maintenance. Lessor shall not be required to maintain, alter, repair, rebuild or replace any improvements on the Demised Premises or to maintain the Demised Premises, and Lessee expressly waives the right to make repairs at the expense of Lessor pursuant to any law at any time in effect. Lessor shall have no obligation to incur any expense of any kind or character in connection with the management, operation or use maintenance of Vehicles the Demised Premises during the Term of this Lease. Notwithstanding the foregoing provisions of this Article 10, during the term of the Mortgage, proceeds of the reserves established by Lessor to fund repairs and replacements shall be made available to Lessee for such Lessee will be promptly reimbursed (expenses, but only in any event no later than the next monthly Due Date following such payment) by such Lessee accordance with and to the extent made available to Lessor in pursuant to the amount paid by the Lessor. Each Lessee shall not make any material alterations to any Vehicles without the prior consent of the Lessor. Any improvements or additions to any Acquired Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a Vehicle made by a Lessee shall remain the property of such Lessee if it can be disconnected or removed from the Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvementMortgage.
Appears in 2 contracts
Samples: Lease Agreement (Holiday Rv Superstores Inc), Asset Purchase Agreement (Holiday Rv Superstores Inc)
Maintenance and Repairs. Each Group IV Lessee shall or shall cause the related Franchisees, as applicable, Fleet Sharing Parties to pay for all maintenance and repairs to keep the Group IV Vehicles leased by such Lessee it hereunder in good working order and condition, and shall or shall cause such Franchisees Fleet Sharing Parties to take reasonable steps to maintain such Group IV Vehicles as required in order to keep the Manufacturer’s 's warranty in force. Each Group IV Lessee shall or shall cause the related Franchisees Fleet Sharing Parties to return each Group IV Vehicle to an authorized Manufacturer facility or the applicable Manufacturer’s 's authorized warranty station (which may be a facility of any Group IV Lessee) for warranty work. Each Group IV Lessee shall or shall cause the related Franchisees Fleet Sharing Parties to take reasonable steps to comply with any Manufacturer’s 's recall of any Group IV Vehicle. Each Group IV Lessee shall or shall cause the related Franchisees Fleet Sharing Parties to pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Group IV Vehicles leased by it hereunder including, but not limited to, fuel, lubricants, and coolants. The Group IV Lessor, upon thirty (30) days’ ' prior written notice to the applicable Group IV Lessee, may pay any such expenses that have not otherwise been paid by, or on behalf of, such Group IV Lessee (including any failure by a related Franchisee Fleet Sharing Party to pay any such expenses), and any expenses incurred paid by the Group IV Lessor on such a Group IV Lessee’s 's behalf for maintenance, repair, operation or use by the Group IV Lessee of Group IV Vehicles by such Lessee will promptly be promptly reimbursed (in any event no later than the next monthly Due Payment Date following such payment) by such Group IV Lessee to the Lessor in the amount paid by the Group IV Lessor. Each No Group IV Lessee shall not make any material alterations to any Vehicles shall, without the prior consent of the Group IV Lessor, make any material alterations to (i) any Group IV Vehicle which is a Program Vehicle which would result in a reduction of the Repurchase Price for such Group IV Vehicle or make the Group IV Vehicle no longer eligible for repurchase or sale under the applicable Manufacturer Program or (ii) any Group IV Vehicle which is a Non-Program Vehicle which is likely to materially adversely affect the resale value of such Non-Program Vehicle. Any improvements or additions to any a Group IV Acquired Vehicle shall become and remain the property of the Group IV Lessor, except that any addition or improvement to such a Group IV Acquired Vehicle made by a Group IV Lessee shall remain the property of such Group IV Lessee if it can be disconnected or removed from the Group IV Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvement.
Appears in 2 contracts
Samples: Master Motor Vehicle Lease and Servicing Agreement (Anc Rental Corp), Master Motor Vehicle Lease and Servicing Agreement (Anc Rental Corp)
Maintenance and Repairs. Each Lessee shall or shall cause the related Franchisees, as applicable, to pay for all maintenance and repairs to keep the Group IV Vehicles leased by such Lessee hereunder in good working order and condition, and shall or shall cause such Franchisees to will maintain such Group IV Vehicles as required in order to keep the Manufacturer’s 's warranty in force, and in the case of Group IV Repurchase Vehicles, shall comply with all requirements of the related Repurchase Program to the extent necessary to maintain the eligibility of such Group IV Vehicles. Each Lessee shall or shall cause the related Franchisees to will return each Vehicle Group IV Vehicles to an authorized Manufacturer facility or the applicable Manufacturer’s relevant Lessee's Manufacturer authorized warranty station for warranty work. Each Lessee shall or shall cause the related Franchisees to will comply with any Manufacturer’s 's recall of any Group IV Vehicle. Each Lessee shall or shall cause the related Franchisees to will pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Group IV Vehicles including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ prior written notice to the applicable Lessee, may pay any Any such expenses that have not otherwise been paid by, or on behalf of, the relevant Lessee may, after 30 days notice to such Lessee (including any failure Lessee, be paid by a related Franchisee to pay any such expenses), the Lessor and any expenses incurred by the Lessor on such Lessee’s 's behalf for maintenance, repair, operation or use of Vehicles Group IV Xxxxxxes by such Lessee will be promptly reimbursed (in any event no later than the next monthly Due Date following such paymentnotice) by such Lessee to the Lessor in the amount paid by the Lessor. Each No Lessee shall not make any material alterations to any Group IV Vehicles without the prior consent of the Lessor. Any improvements or additions to any Acquired Lessor-Owned Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a Group IV Vehicle made by a the relevant Lessee shall remain the property of such Lessee if it can be disconnected or removed from the Group IV Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvement.
Appears in 1 contract
Samples: Lease Agreement (Budget Group Inc)
Maintenance and Repairs. Each The Lessee shall or shall cause the related Franchisees, as applicable, to pay for all maintenance and repairs to keep the Vehicles leased by such Lessee hereunder in good working order and condition, and shall or shall cause such Franchisees to maintain such Vehicles as required in order to keep the Manufacturer’s 's warranty in force. Each The Lessee shall or shall cause the related Franchisees to return each Vehicle to an authorized Manufacturer facility or the applicable Manufacturer’s 's authorized warranty station (which may be a facility of the Lessee) for warranty work. Each The Lessee shall or shall cause the related Franchisees to comply with any Manufacturer’s 's recall of any Vehicle. Each The Lessee shall or shall cause the related Franchisees to pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Vehicles including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ ' prior written notice to the applicable Lessee, may pay any such expenses that have not otherwise been paid by, or on behalf of, such Lessee (including any failure by a related Franchisee to pay any such expenses)the Lessee, and any expenses incurred by the Lessor on such the Lessee’s 's behalf for maintenance, repair, operation or use by the Lessee of Vehicles by such Lessee will promptly be promptly reimbursed (in any event no later than the next monthly Due Payment Date following such payment) by such the Lessee to the Lessor in the amount paid by the Lessor. Each The Lessee shall not make any material alterations to any Vehicles not, without the prior consent of the Lessor, make any material alterations to any Vehicle which would result in a reduction of the Repurchase Price for such Vehicle or make the Vehicle no longer eligible for repurchase under the applicable Repurchase Program. Any improvements or additions to any an Acquired Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a Vehicle made by a the Lessee shall remain the property of such the Lessee if it can be disconnected or removed from the Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvement.
Appears in 1 contract
Samples: Master Motor Vehicle Lease and Servicing Agreement (Republic Industries Inc)
Maintenance and Repairs. Each Lessee shall or shall cause the related Franchisees, as applicable, Fleet Sharing Parties to pay for all maintenance and repairs to keep the Vehicles leased by such Lessee it hereunder in good working order and condition, and shall or shall cause such Franchisees the Fleet Sharing Parties to maintain such Vehicles as required in order to keep the Manufacturer’s 's warranty in force. Each Lessee shall or shall cause the related Franchisees Fleet Sharing Parties to return each Vehicle to an authorized Manufacturer facility or the applicable Manufacturer’s 's authorized warranty station (which may be a facility of any Lessee) for warranty work. Each Lessee shall or shall cause the related Franchisees Fleet Sharing Parties to comply with any Manufacturer’s 's recall of any Vehicle. Each Lessee shall or shall cause the related Franchisees Fleet Sharing Parties to pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Series 1997 Vehicles leased by it hereunder including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ ' prior written notice to the applicable Lessee, may pay any such expenses that have not otherwise been paid by, or on behalf of, such Lessee (including any failure by a related Franchisee Fleet Sharing Party to pay any such expenses), and any expenses incurred paid by the Lessor on such a Lessee’s 's behalf for maintenance, repair, operation or use by the Lessee of Vehicles by such Lessee will promptly be promptly reimbursed (in any event no later than the next monthly Due Payment Date following such payment) by such Lessee to the Lessor in the amount paid by the Lessor. Each No Lessee shall not make any material alterations to any Vehicles shall, without the prior consent of the Lessor, make any material alterations to (i) any Series 1997 Vehicle which is a Program Vehicle which would result in a reduction of the Repurchase Price for such Vehicle or make the Vehicle no longer eligible for repurchase under the applicable Manufacturer Program or (ii) any Series 1997 Vehicle which is a Non-Program Vehicle which is likely to materially adversely affect the resale value of such Non-Program Vehicle. Any improvements or additions to any an Acquired Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a an Acquired Vehicle made by a the Lessee shall remain the property of such the Lessee if it can be disconnected or removed from the Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvement.
Appears in 1 contract
Samples: Master Motor Vehicle Lease and Servicing Agreement (Republic Industries Inc)
Maintenance and Repairs. Each The Lessee shall perform or cause to be ----------------------- performed, and shall cause the related Franchiseespay any costs for, as applicable, to pay for all maintenance (both routine and repairs to unscheduled) and repairs, shall keep the Vehicles leased by such Lessee hereunder each Vehicle in good working order and condition, and shall or shall cause such Franchisees to maintain such Vehicles each Vehicle as required in order to keep the Manufacturer’s 's warranty in force. Each The Lessee shall or shall cause the related Franchisees to return each Vehicle to an authorized Manufacturer facility or the applicable Manufacturer’s 's authorized warranty station (which may be a facility of the Lessee) for warranty work. Each The Lessee shall or shall cause the related Franchisees to comply with any Manufacturer’s 's recall of any Vehicle. Each The Lessee shall or shall cause the related Franchisees to pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Vehicles including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ ' prior written notice to the applicable Lessee, may pay any such expenses that have not otherwise been paid by, or on behalf of, such Lessee (including any failure by a related Franchisee to pay any such expenses)the Lessee, and any expenses incurred by the Lessor on such the Lessee’s 's behalf for maintenance, repair, operation or use by the Lessee of Vehicles by such Lessee will promptly be promptly reimbursed (in any event no later than the next monthly Due Payment Date following such payment) by such the Lessee to the Lessor in the amount paid by the Lessor. Each Lessee shall not make any material alterations to any Vehicles without the prior consent of the Lessor. Any improvements or additions to any Acquired a Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a Vehicle made by a the Lessee shall remain the property of such the Lessee if it can be disconnected or removed from the Vehicle without impairing the functioning (including compliance with any Requirements of Law) of or resale value thereof, other than any function or value provided by such addition or improvement.
Appears in 1 contract
Samples: Master Motor Vehicle Lease Agreement (Ryder TRS Inc)
Maintenance and Repairs. Each Lessee shall or shall cause the related Franchisees, as applicable, to pay for all maintenance and repairs to keep the Vehicles leased by such Lessee hereunder in good working order and condition, and shall or shall cause such Franchisees to maintain such Vehicles as required in order to keep the Manufacturer’s warranty in force. Each Lessee shall or shall cause the related Franchisees to return each Vehicle to an authorized Manufacturer facility or the applicable Manufacturer’s authorized warranty station for warranty work. Each Lessee shall or shall cause the related Franchisees to comply with any Manufacturer’s recall of any Vehicle. Each Lessee shall or shall cause the related Franchisees to pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Vehicles including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ prior written notice to the applicable Lessee, may pay any such expenses that have not otherwise been paid by, or on behalf of, such Lessee (including any failure by a related Franchisee to pay any such expenses), and any expenses incurred by the Lessor on such Lessee’s behalf for maintenance, repair, operation or use of Vehicles by such Lessee will be promptly reimbursed (in any event no later than the next monthly Due Date following such payment) by such Lessee to the Lessor in the amount paid by the Lessor. Each Lessee shall not make any material alterations to any Vehicles without the prior consent of the Lessor. Any improvements or additions to any Acquired Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a Vehicle made by a Lessee shall remain the property of such Lessee if it can be disconnected or removed from the Vehicle without impairing the functioning of or resale value thereof, other than any function functions or value provided by such addition or improvement.
Appears in 1 contract
Samples: Master Motor Vehicle Lease and Servicing Agreement (Dollar Thrifty Automotive Group Inc)
Maintenance and Repairs. Each Lessee shall or shall cause the related Franchisees, as applicable, Franchisees to pay for all maintenance and repairs to keep the Vehicles leased by such Lessee hereunder in good working order and condition, and shall or shall cause such the related Franchisees to maintain such Vehicles as required in order to keep the Manufacturer’s 's warranty in force. Each Lessee shall or shall cause the related Franchisees to return each Vehicle to an authorized Manufacturer facility or the applicable Manufacturer’s 's authorized warranty station for warranty work. Each Lessee shall or shall cause the related Franchisees to comply with any Manufacturer’s 's recall of any Vehicle. Each Lessee shall or shall cause the related Franchisees to pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Vehicles including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ ' prior written notice to the applicable Lessee, may pay any such expenses that have not otherwise been paid by, or on behalf of, such the Lessee (including any failure by a related Franchisee to pay any such expenses), and any expenses incurred by the Lessor on such Lessee’s 's behalf for maintenance, repair, operation or use by the Lessee of Vehicles by such Lessee will promptly be promptly reimbursed (in any event no later than the next monthly Due Date following such payment) by such the Lessee to the Lessor in the amount paid by the Lessor. Each Lessee The Lessees shall not make any material alterations to any Vehicles without the prior consent of the Lessor. Any improvements or additions to any an Acquired Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a Vehicle made by a Lessee shall remain the property of such the Lessee if it can be disconnected or removed from the Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvement.
Appears in 1 contract
Samples: Master Motor Vehicle Lease and Servicing Agreement (Dollar Thrifty Automotive Group Inc)
Maintenance and Repairs. Each Group IV Lessee shall or shall cause the related Franchisees, as applicable, Fleet Sharing Parties to pay for all maintenance and repairs to keep the Group IV Vehicles leased by such Lessee it hereunder in good working order and condition, and shall or shall cause such Franchisees Fleet Sharing Parties to take reasonable steps to maintain such Group IV Vehicles as required in order to keep the Manufacturer’s 's warranty in force. Each Group IV Lessee shall or shall cause the related Franchisees Fleet Sharing Parties to return each Group IV Vehicle to an authorized Manufacturer facility or the applicable Manufacturer’s 's authorized warranty station (which may be a facility of any Group IV Lessee) for warranty work. Each Group IV Lessee shall or shall cause the related Franchisees Fleet Sharing Parties to take reasonable steps to comply with any Manufacturer’s 's recall of any Group IV Vehicle. Each Group IV Lessee shall or shall cause the related Franchisees Fleet Sharing Parties to pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Group IV Vehicles leased by it hereunder including, but not limited to, fuel, lubricants, and coolants. The Group IV Lessor, upon thirty (30) days’ ' prior written notice to the applicable Group IV Lessee, may pay any such expenses that have not otherwise been paid by, or on behalf of, such Group IV Lessee (including any failure by a related Franchisee Fleet Sharing Party to pay any such expenses), and any expenses incurred paid by the Group IV Lessor on such a Group IV Lessee’s 's behalf for maintenance, repair, operation or use by the Group IV Lessee of Group IV Vehicles by such Lessee will promptly be promptly reimbursed (in any event no later than the next monthly Due Payment Date following such payment) by such Group IV Lessee to the Lessor in the amount paid by the Group IV Lessor. Each No Group IV Lessee shall not make any material alterations to any Vehicles shall, without the prior consent of the Group IV Lessor. Any improvements or additions , make any material alterations to (i) any Acquired Group IV Vehicle shall become and remain the property which is a Program Vehicle which would result in a reduction of the Lessor, except that Repurchase Price for such Group IV Vehicle or make the Group IV Vehicle no longer eligible for repurchase or sale under the applicable Manufacturer Program or (ii) any addition or improvement Group IV Vehicle which is a Non-Program Vehicle which is likely to such a Vehicle made by a Lessee shall remain materially adversely affect the property resale value of such Lessee if it can be disconnected or removed from the Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvement.Non-Program
Appears in 1 contract
Samples: Master Motor Vehicle Lease and Servicing Agreement (Anc Rental Corp)
Maintenance and Repairs. Each The Lessee shall or shall cause the related Franchisees, as applicable, Franchisees to pay for all maintenance and repairs to keep the Vehicles leased by such Lessee hereunder in good working order and condition, and shall or shall cause such the Franchisees to maintain such Vehicles as required in order to keep the Manufacturer’s 's warranty in force. Each The Lessee shall or shall cause the related Franchisees to return each Vehicle to an authorized Manufacturer facility or the applicable Manufacturer’s 's authorized warranty station (which may be a facility of the Lessee) for warranty work. Each The Lessee shall or shall cause the related Franchisees to comply with any Manufacturer’s 's recall of any Vehicle. Each The Lessee shall or shall cause the related Franchisees to pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Vehicles including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ ' prior written notice to the applicable LesseeLessee (including any failure by a Franchisee to pay any such expenses), may pay any such expenses that have not otherwise been paid by, or on behalf of, such Lessee (including any failure by a related Franchisee to pay any such expenses)the Lessee, and any expenses incurred by the Lessor on such the Lessee’s 's behalf for maintenance, repair, operation or use by the Lessee of Vehicles by such Lessee will promptly be promptly reimbursed (in any event no later than the next monthly Due Payment Date following such payment) by such the Lessee to the Lessor in the amount paid by the Lessor. Each The Lessee shall not make any material alterations to any Vehicles not, without the prior consent of the Lessor, make any material alterations to any Program Vehicle which would result in a reduction of the Repurchase Price for such Vehicle or any material alterations to any Non-Program Vehicle. Any improvements or additions to any an Acquired Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a Vehicle made by a the Lessee shall remain the property of such the Lessee if it can be disconnected or removed from the Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvement.
Appears in 1 contract
Samples: Master Motor Vehicle Lease and Servicing Agreement (Republic Industries Inc)
Maintenance and Repairs. Each The Lessee shall or shall cause the related Franchisees, as applicable, Franchisees to pay for all maintenance and repairs to keep the Vehicles leased by such Lessee hereunder in good working order and condition, and shall or shall cause such the Franchisees to maintain such Vehicles as required in order to keep the Manufacturer’s 's warranty in force. Each The Lessee shall or shall cause the related Franchisees to return each Vehicle to an authorized Manufacturer facility or the applicable Manufacturer’s 's authorized warranty station for warranty work. Each The Lessee shall or shall cause the related Franchisees to comply with any Manufacturer’s 's recall of any Vehicle. Each The Lessee shall or shall cause the related Franchisees to pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Vehicles including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ ' prior written notice to the applicable Lessee, may pay any such expenses that have not otherwise been paid by, or on behalf of, such the Lessee (including any failure by a related Franchisee to pay any such expenses), and any expenses incurred by the Lessor on such the Lessee’s 's behalf for maintenance, repair, operation or use by the Lessee of Vehicles by such Lessee will promptly be promptly reimbursed (in any event no later than the next monthly Due Date following such payment) by such the Lessee to the Lessor in the amount paid by the Lessor. Each The Lessee shall not make any material alterations to any Vehicles without the prior consent of the Lessor. Any improvements or additions to any an Acquired Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a Vehicle made by a the Lessee shall remain the property of such the Lessee if it can be disconnected or removed from the Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvement.
Appears in 1 contract
Samples: Master Motor Vehicle Lease and Servicing Agreement (Dollar Thrifty Automotive Group Inc)
Maintenance and Repairs. Each Lessee shall or shall cause the related Franchisees, as applicable, to pay for all maintenance and repairs to keep the Group III Vehicles leased by such Lessee hereunder in good working order and condition, and shall or shall cause such Franchisees to will maintain such Group III Vehicles as required in order to keep the Manufacturer’s 's warranty in force, and in the case of Group III Repurchase Vehicles, shall comply with all requirements of the related Repurchase Program to the extent necessary to maintain the eligibility of such Group III Vehicles. Each Lessee shall or shall cause the related Franchisees to will return each Vehicle Group III Vehicles to an authorized Manufacturer facility or the applicable Manufacturer’s relevant Lessee's Manufacturer authorized warranty station for warranty work. Each Lessee shall or shall cause the related Franchisees to will comply with any Manufacturer’s 's recall of any Group III Vehicle. Each Lessee shall or shall cause the related Franchisees to will pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Group III Vehicles including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ prior written notice to the applicable Lessee, may pay any Any such expenses that have not otherwise been paid by, or on behalf of, the relevant Lessee may, after 30 days notice to such Lessee (including any failure Lessee, be paid by a related Franchisee to pay any such expenses), the Lessor and any expenses incurred by the Lessor on such Lessee’s 's behalf for maintenance, repair, operation or use of Group III Vehicles by such Lessee will be promptly reimbursed (in any event no later than the next monthly Due Date following such paymentnotice) by such Lessee to the Lessor in the amount paid by the Lessor. Each No Lessee shall not make any material alterations to any Group III Vehicles without the prior consent of the Lessor. Any improvements or additions to any Acquired Lessor-Owned Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a Group III Vehicle made by a the relevant Lessee shall remain the property of such Lessee if it can be disconnected or removed from the Group III Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvement. 100 VEHICLE WARRANTIES. If a Group III Vehicle is covered by a Manufacturer's warranty, each Lessee, during the Vehicle Term, shall have the right to make any claims under such warranty which the Lessor could make and to receive related proceeds directly. As provided in Section 2.4, the Lessor makes no warranty or representation whatsoever, express or implied, with respect to any Group III Vehicle. 110 VEHICLE RETURN GUIDELINES.
Appears in 1 contract
Samples: Master Motor Vehicle Lease Agreement (Budget Group Inc)
Maintenance and Repairs. Each a) Lessee agrees that it will keep the Demised Premises and the fixtures and equipment therein in good order and condition and will, at the expiration or other termination of the Term hereof, surrender and deliver up the same in like good order and condition as the same shall be at the commencement of the Term hereof, ordinary wear and tear and damage by the elements, fire, and other casualty not due to the negligence of Lessee excepted. All breakage, injury or damage to the Demised Premises or the Building or Lessor's equipment therein caused by Lessee, its agents, servants, employees, contractors, invitees, licensees or concessionaires, shall be repaired promptly, at Lessee's reasonable expense, either by Lessor or, at Lessor's option, by Lessee subject to Lessor's direction and supervision (and in accordance with Article 9 below).
b) If Lessee shall fail to make any repairs or to perform any maintenance which it is obligated to make or perform under this Lease, excluding repairs or maintenance occasioned by Lessor's negligence, within ten (10) days after written notice from Lessor to do so, or to commence the making of such repairs or the performing of such maintenance and to proceed diligently to complete such repairs or maintenance if such repairs and maintenance cannot be completed within ten (10) days, or in the event of any emergency, Lessor may make or perform the same for the account of Lessee, without liability to Lessee for any loss or damage that may accrue to lessee's property or business by reason thereof, except for any loss or damage occurring as a result of Lessor's negligence, and Lessee shall cause the related Franchiseespay, as applicableadditional rent, within ten (10) days after Lessor shall have billed Lessee therefor, Lessor's cost for making such repairs and performing such maintenance (which such cost may include a reasonable amount for Lessor's overhead). Nothing herein contained shall imply any duty on the part of Lessor to do any such work which under any provision of this Lease Lessee may be required to do, nor shall its constitute a waiver of Lessee's default in failing to do the same. Notwithstanding anything to the contrary, Lessee shall not be liable for any repairs or for failure to make repairs whenever such repairs are occasioned by Lessor's negligence.
c) Lessor shall make all necessary repairs to the structure of the Building and the mechanical, electrical, plumbing, heating and air conditioning systems therein, except with respect to any items installed or constructed by Lessee and except where the repair has been made necessary by misuse or neglect by Lessee or Lessee's agents, servants, employees, contractors, invitees, licensees or concessionaires. This obligation to repair does not impose upon Lessor any obligation to make repairs other than during normal business hours. Lessor will use reasonable efforts to make such repairs in a timely fashion. In the event that Lessee is denied access to the Demised Premises because of Lessor's performance of repairs, except with respect to any item or items installed or constructed by Lessee or except where the repair has been made necessary by misuse or neglect by Lessee or Lessee's agents, servants, employees, contractors, invitees, licensees or concessionaires, Lessee shall be entitled to an abatement of Basic Monthly Rental, as adjusted according to Article 4 above, and of Lessee's obligation to pay increases in Operating Costs, Electricity Costs and Real Estate Taxes from the date such access denied through the date of restoration of access to the Demised Premises.
d) If Lessor does not proceed promptly subject to force majeure, to commence making repairs required to be made by Lessor hereunder within fifteen (15) days after receiving written notice from Lessee, or as soon as feasible after receiving notice by telephone in the event of emergencies, or to complete adequately such repairs promptly thereafter, Lessee may, after giving Lessor five (5) days written notice thereof, at its option, perform the work specified in such notice without liability on the part of the Lessee, and Lessor agrees, to pay for promptly upon demand all maintenance reasonable costs and repairs to keep the Vehicles leased by such Lessee hereunder in good working order and condition, and shall or shall cause such Franchisees to maintain such Vehicles as required in order to keep the Manufacturer’s warranty in force. Each Lessee shall or shall cause the related Franchisees to return each Vehicle to an authorized Manufacturer facility or the applicable Manufacturer’s authorized warranty station for warranty work. Each Lessee shall or shall cause the related Franchisees to comply with any Manufacturer’s recall of any Vehicle. Each Lessee shall or shall cause the related Franchisees to pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Vehicles including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ prior written notice to the applicable Lessee, may pay any such expenses that have not otherwise been paid by, or on behalf of, such Lessee (including any failure by a related Franchisee to pay any such expenses), and any expenses incurred by Lessee in doing such work. In the event Lessor on does not pay such Lessee’s behalf for maintenancecosts and expenses, repair, operation or use of Vehicles by Lessee may offset such Lessee will be promptly reimbursed (in any event no later than the costs and expenses against next monthly Due Date following such payment) by such Lessee to the Lessor in the amount paid by the Lessor. Each Lessee shall not make any material alterations to any Vehicles without the prior consent of the Lessor. Any improvements or additions to any Acquired Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a Vehicle made by a Lessee shall remain the property of such Lessee if it can be disconnected or removed from the Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvementrental payments then coming due.
Appears in 1 contract
Samples: Lease (Medialink Worldwide Inc)
Maintenance and Repairs. Each Lessee shall or shall cause the related Franchisees, as applicable, to pay for all maintenance and repairs to keep the Vehicles leased by such Lessee hereunder in good working order and condition, and shall or shall cause such Franchisees to will maintain such Vehicles as required in order to keep the Manufacturer’s 's warranty in force, and in the case of Repurchase Vehicles, shall comply with all requirements of the related Repurchase Program to the extent necessary to maintain the eligibility of such Vehicles. Each Lessee shall or shall cause the related Franchisees to will return each Vehicle Vehicles to an authorized Manufacturer facility or the applicable Manufacturer’s relevant Lessee's Manufacturer authorized warranty station for warranty work. Each Lessee shall or shall cause the related Franchisees to will comply with any Manufacturer’s 's recall of any Vehicle. Each Lessee shall or shall cause the related Franchisees to will pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Vehicles including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ prior written notice to the applicable Lessee, may pay any Any such expenses that have not otherwise been paid by, or on behalf of, the relevant Lessee may, after 30 days notice to such Lessee (including any failure Lessee, be paid by a related Franchisee to pay any such expenses), the Lessor and any expenses incurred by the Lessor on such Lessee’s 's behalf for maintenance, repair, operation or use of Vehicles by such Lessee will be promptly reimbursed (in any event no later than the next monthly Due Date following such paymentnotice) by such Lessee to the Lessor in the amount paid by the Lessor. Each Lessee shall not make any material alterations to any Vehicles vehicles without the prior consent of the Lessor. Any improvements or additions to any Acquired Vehicle Vehicles shall become and remain the property of the Lessor, except that any addition or improvement to such a Vehicle Vehicles made by a the relevant Lessee shall remain the property of such Lessee if it can be disconnected or removed from the Vehicle Vehicles without impairing the functioning of such Vehicles or its resale value thereofvalue, other than any function or value provided by excluding such addition or improvementaddition.
Appears in 1 contract
Samples: Motor Vehicle Lease Agreement (Team Rental Group Inc)
Maintenance and Repairs. Each Lessee shall or shall cause the related Franchisees, as applicable, to pay for all maintenance and repairs to keep the Group II Vehicles leased by such Lessee hereunder in good working order and condition, and shall or shall cause such Franchisees to will maintain such Group II Vehicles as required in order to keep the Manufacturer’s 's warranty in force, and in the case of Group II Repurchase Vehicles, shall comply with all requirements of the related Repurchase Program to the extent necessary to maintain the eligibility of such Group II Vehicles. Each Lessee shall or shall cause the related Franchisees to will return each Vehicle Group II Vehicles to an authorized Manufacturer facility or the applicable Manufacturer’s relevant Lessee's Manufacturer authorized warranty station for warranty work. Each Lessee shall or shall cause the related Franchisees to will comply with any Manufacturer’s 's recall of any Group II Vehicle. Each Lessee shall or shall cause the related Franchisees to will pay, or cause to be paid, all usual and routine expenses incurred in the use and operation of Group II Vehicles including, but not limited to, fuel, lubricants, and coolants. The Lessor, upon thirty (30) days’ prior written notice to the applicable Lessee, may pay any Any such expenses that have not otherwise been paid by, or on behalf of, the relevant Lessee may, after 30 days notice to such Lessee (including any failure Lessee, be paid by a related Franchisee to pay any such expenses), the Lessor and any expenses incurred by the Lessor on such Lessee’s 's behalf for maintenance, repair, operation or use of Group II Vehicles by such Lessee will be promptly reimbursed (in any event no later than the next monthly Due Date following such paymentnotice) by such Lessee to the Lessor in the amount paid by the Lessor. Each No Lessee shall not make any material alterations to any Group II Vehicles without the prior consent of the Lessor. Any improvements or additions to any Acquired Lessor-Owned Vehicle shall become and remain the property of the Lessor, except that any addition or improvement to such a Group II Vehicle made by a the relevant Lessee shall remain the property of such Lessee if it can be disconnected or removed from the Group II Vehicle without impairing the functioning of or resale value thereof, other than any function or value provided by such addition or improvement.
Appears in 1 contract
Samples: Master Motor Vehicle Lease Agreement (Budget Group Inc)