OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a "rental" vehicle: "The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly, or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase." In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessary, General Motors will audit the rental company to ensure compliance with this guideline.
Appears in 5 contracts
Samples: 2j Chevrolet Optra P195 (Avis Budget Group, Inc.), Dollar Thrifty Automotive Group Inc, Avis Budget Group, Inc.
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a "“rental" ” vehicle: "“The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly, weekly or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase." ” In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessary, General Motors will audit the rental company to ensure compliance with this guideline.
Appears in 4 contracts
Samples: Letter Agreement (Vanguard Car Rental Group Inc.), STD STD STD (Vanguard Car Rental Group Inc.), STD STD STD (Vanguard Car Rental Group Inc.)
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a "rental" vehicle: "The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly, weekly or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase." In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessaryIF NECESSARY, General Motors will audit the rental company to ensure compliance with this guidelineGENERAL MOTORS WILL AUDIT THE RENTAL COMPANY TO ENSURE COMPLIANCE WITH THIS GUIDELINE.
Appears in 2 contracts
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a "rental" “rental vehicle”: "“The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly, weekly or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase." ” In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessary, necessary General Motors will audit the rental company to ensure compliance with this guideline.
Appears in 2 contracts
Samples: Letter Agreement (Vanguard Car Rental Group Inc.), Letter Agreement (Vanguard Car Rental Group Inc.)