Common use of RETURN OF VEHICLE Clause in Contracts

RETURN OF VEHICLE. At the end of the Term, or if you are in default and we make a written request, you will, at your expense, return the Vehicle to us at a reasonable place to be designated by us. You agree to have risk of loss during transit. If you fail to return the Vehicle within ten (10) days after the end of the Term, you agree that we will have the option of extending the Lease on a month-to-month basis under the same terms as stated in this Lease, except that we may not extend this Lease if you have made all payment due under the Lease and we have agreed to a $1.00 purchase option. You agree to return the vehicle in a state of good condition and repair and will pay us for any damages the Vehicle may have upon return of the same. Each returned vehicle will be free of your personal property including all advertising, tax, decals or other insignia placed on the vehicle by you, and will be returned in the same condition the vehicle was when delivered to you, with the exception of ordinary wear and tear. Should the vehicle be returned with tags, decals, insignias, and/or all other advertising attached to it, we will remove the same at your cost, vehicle excess wear will be determined according to the following guidelines; vehicle will be mechanically sound, and will not be missing any parts, will have matching set of five tires with even wear (with no less than 25% percent of even wear remaining), and have no body scratches or dents of over one inch in length or diameter and no rust that cannot be removed, no mismatch of paint in areas that may have been repainted, no special fleet colors or identification, and no paint scratches, chips or rusted areas of over one inch in length or diameter or series of smaller ones; the front and rear windshield will not be cracked, chipped, or scratched, have no broken or cracked glass or any kind, no malfunctioning or in operating windows mechanisms, no broken sealed beams or lenses, no peeled or scratched chrome and other bright metal exterior trim with scratches through to the metal or over one inch in length , nor dents that are larger than one inch in length or diameter, or a number of smaller dents in the same molding including headlight and tail light bezels, no grills that are broken or damaged, nor bumper dents measuring more than a inch in length or diameter, and no damaged or turned seats, seats back, carpeting, doors, panel, dash or headlining. All costs incurred by us for any reconditioning that may required due to excess wear and tear, may be charged to you.

Appears in 3 contracts

Samples: Vehicle Lease Agreement, Vehicle Lease Agreement, Vehicle Lease Agreement

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RETURN OF VEHICLE. At the end of the Term, or if you are in default and we make a written request, you will, at your expense, return the Vehicle to us at a reasonable place to be designated by us. You agree to have risk of loss during transit. If you fail to return the Vehicle within ten (10) days after the end of the Term, you agree that we will have the option of extending the Lease on a month-to-month basis under the same terms as stated in this Lease, except that we may not extend this Lease if you have made all payment due under the Lease and we have agreed to a $1.00 purchase option. You agree to return the vehicle in a state of good condition and repair and will pay us for any damages the Vehicle may have upon return of the same. Each returned vehicle will be free of your personal property including all advertising, tax, decals or other insignia placed on the vehicle by you, and will be returned in the same condition the vehicle was when delivered to you, with the exception of ordinary wear and tear. Should the vehicle be returned with tags, decals, insignias, and/or all other advertising attached to it, we will remove the same at your cost, vehicle excess wear will be determined according to the following guidelines; vehicle will be mechanically sound, and will not be missing any parts, will have matching set of five tires with even wear (with no less than 25% percent of even wear remaining), and have no body scratches or dents of over one inch in length or diameter and no rust that cannot be removed, no mismatch of paint in areas that may have been repainted, no special fleet colors or identification, and no paint scratches, chips or rusted areas of over one inch in length or diameter or series of smaller ones; the front and rear windshield will not be cracked, ,chipped, or scratched, have no broken or cracked glass or any kind, no malfunctioning or in operating windows mechanisms, no broken sealed beams or lenses, no peeled or scratched chrome and other bright metal exterior trim with scratches through to the metal or over one inch in length length, nor dents that are larger than one inch in length or diameter, or a number of smaller dents in the same molding including headlight and tail light bezels, no grills that are broken or damaged, nor bumper dents measuring more than a inch in length or diameter, and no damaged or turned seats, seats back, carpeting, doors, panel, dash or headlining. All costs incurred by us for any reconditioning that may required due to excess wear and tear, may be charged to you.

Appears in 1 contract

Samples: Vehicle Lease Agreement

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