Common use of Termination of the Lease Agreement Clause in Contracts

Termination of the Lease Agreement. 15.1. Unless the Lessee can invoke the right of withdrawal relating to distance sales, in the event of force majeure or when the Lessee has opted for a flexible Lease agreement (a '12-60' contract, concluded for a term of 60 months but terminable without charge on a monthly basis after 12 months),the Lease agreement can only be prematurely terminated by the Parties subject to payment of a termination fee. Failure to take delivery of the Vehicle will be regarded as a breach of the Lease agreement within the meaning of this article.

Appears in 4 contracts

Samples: www.directleaseprive.be, www.directleaseprive.be, www.directleaseprive.be

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