Special notes and exceptions Sample Clauses

Special notes and exceptions. 1.1 In accordance with relevant provisions of Contract Law, the lessor hereby reiterates and draws the attention of the lessee to the lessee’s relevant liabilities and risks and the lessor’s exceptions herein. 1.2 The lessor shall provide financing support to the lessee by means of sale-leaseback. Under any circumstance after the lease, the lessee shall pay the rent and other payables to the lessor in full and on time. 1.3 The lessee shall handle issues related to automobile handover, installation, ▇▇▇▇ issuance, quality, three guarantees, maintenance, intellectual property rights and others at its discretion. In case of return and replacement of the goods, the lessee shall inform the lessor in advance. 1.4 The ownership of the leased automobile and other rights and interests shall be immediately transferred to the lessor upon signing of this contract by the lessee. Before the lessee pays all the rent and payables, the ownership of the leased automobile shall remain with the lessor within the term of lease. 1.5 The lessee shall pay the rent to the lessor in full and on time, and in case of overdue payment, shall pay a late payment penalty equal to 0.2% of the overdue amount on each natural day from the due date in the Lease Payment Form to the actual payment date of the lessee according to simple interest. In case of termination of this contract, the lessee shall pay the lessor liquidated damages equal to 8% of the total rent. The handling fee and deposit charged by the lessor shall not be refunded. 1.6 In case of overdue payment for the rent and other payables or threats to the ownership and safety of the leased automobile and other breach of contract by the lessee, the lessor shall take remedy measures, including but not limited to retrieving on its own or entrusting a third party to retrieve the automobile, filing a lawsuit, submitting bad credit information, and submitting the list of persons to be executed for breach of trust. 1.7 The lessor shall not be bound to any representations, warranties or undertakings made by the seller to the lessee and shall not be liable therefor. 1.8 The lessor shall not be liable for any fault, imperfection, defect or after-sales service of the leased automobile. The lessor shall not be liable for delay in delivery, installation, issuance of ▇▇▇▇ and invoice, and certificate of the leased automobile, failure in licensing and mortgaging due to the lessee, as well as other problems caused by the seller. 1.9 The lessor shal...