Common use of Tire and Brake Charges for Standard Maintenance Leases Clause in Contracts

Tire and Brake Charges for Standard Maintenance Leases. If Customer returns any Equipment subject to a Standard Maintenance Lease with Excess Tire Wear on any tire, Customer shall pay the Tire Wear Charge for every 1/32nd inch of Excess Tire Wear for each such tire. If Customer returns any such Equipment with Excess Brake Wear, Customer shall pay the Brake Wear Charge per drum for every 1/8th inch of Excess Brake Wear. Customer must return Storage Only Equipment without any wear and tear to the tires or brakes.

Appears in 5 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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