Common use of TAKEOVER AND DELIVERY Upon Clause in Contracts

TAKEOVER AND DELIVERY Upon. signing the CONTRACT, the RENTER is required to pay by credit card, a security deposit, the amount of which is indicated in the rental contract and subject to reading by the RENTER before signing. The sum will be returned to the RENTER if, to the extinction of the contractual relationship, the vehicle will be delivery whole and complete in all its parts and accessories. The LESSOR is authorized to charge definitively a sum to the credit card of the RENTER, with the size of the injury suffered, for any damage to the vehicle, its part or accessories, accidents with or without collision with other vehicles, as well as, the assumption of theft or fire both total and partial,. The above charges can not exceed the maximum values (penalties) indicated in the individual rental contract, referred to the assumption of damage to the vehicle (penalties CDW) and theft and / or fire (penalties TP) in accordance with the individual rental contract submitted to the RENTER at the beginning of the rent. The possible deposit held by the Lessor on customer’s credit card will be , therefore, released after having established that there are no further extra costs to be charged ( damages, missing fuel, refuelling tax , extra days , immobilisation fees , fines, administrative fees ) after the drop off.The period for the re-credit of the amount is about 20 working days and it doesn’t depend on the Lessor but from the Credit Card Services.