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Common use of The Lease Period Clause in Contracts

The Lease Period. 2.1. The duration of the lease (the Lease period) is stated in the Lease agreement. The Lease period commences at the time of delivery of the Vehicle/date of signature of the acknowledgement of receipt. The Lease agreement ends automatically at the end of the Lease period. 2.2. If the Lessee wishes to continue leasing the Vehicle at the end of the originally agreed Lease period, this is only possible with the prior agreement of DirectLease, after which an amendment to the Lease agreement will be drawn up.

Appears in 4 contracts

Samples: Operational Leasing Agreement, Operational Leasing Agreement, Operational Leasing Agreement