Common use of Rent-to-Buy Fees Clause in Contracts

Rent-to-Buy Fees. You agree to pay Bolt Bikes the Weekly Fees for use of the Bike weekly, in advance. Weekly Fees are payable from the date that you take possession of the Bike until the ownership of the Bike is transferred to you or the Bike is returned to Bolt Bikes, as set out in this agreement, unless otherwise agreed by the parties in writing.