Vehicle Operation. Lessee shall maintain and operate the Vehicle in strict conformity with all applicable provisions of law and shall not permit the Vehicle to be used to transport goods or passengers for hire. Lessee shall comply and shall cause all persons operating the Vehicle to comply with all provisions of law applicable to the Vehicle’s registration, leasing, insurance, use and operation, and with all condition of the Vehicle’s insurance, and shall prepare and furnish to Lessor all documents required there under. Lessee agrees that whenever any provision of law requires installation of any accessories or equipment. Lessee will comply with all such requirements and will accept and pay for such equipment when the vehicle is acquired for Lessee. Lessee shall be solely responsible for fines and penalties for violations of any provision of law, including but not limited to parking ordinances, arising out of the Vehicle’s use and/or operation. If the Vehicle is used for purposes not permitted by the Agreement (i) Lessee will reimburse Lessor for all damages sustained by Lessor as a result of such misuse, including, without limitation, Lessor’s liability for or payment of any fines which may be imposed on Lessor or paid on behalf of Lessee by Lessor and (ii) Lessor may at its option terminate this Agreement. Lessee shall not mortgage or otherwise encumber Lessee’s interest in the Vehicle or this Lease, or place the Vehicle in the possession of any person other than Lessee, its agents and employees, and members of the immediate family of such persons, each of whom must possess a valid driver’s license. The possession of the Vehicle by an unauthorized person shall be at the sole risk and responsibility of Lessee, and Lessee shall, at Lessor’s option, be considered in breach of this Agreement.
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Vehicle Operation. Lessee shall maintain and operate the Vehicle in strict conformity with all applicable provisions of law and shall not permit the Vehicle to be used to transport goods or passengers for hire. Lessee shall comply and shall cause all persons operating the Vehicle to comply with all provisions of law applicable to the Vehicle’s registration, leasing, insurance, use and operation, and with all condition of the Vehicle’s insurance, and shall prepare and furnish to Lessor all documents required there under. Lessee Xxxxxx agrees that whenever any provision of law requires installation of any accessories or equipment. Lessee will comply with all such requirements and will accept and pay for such equipment when the vehicle is acquired for Lessee. Lessee shall be solely responsible for fines and penalties for violations of any provision of law, including but not limited to parking ordinances, arising out of the Vehicle’s use and/or operation. If the Vehicle is used for purposes not permitted by the Agreement (i) Lessee will reimburse Lessor for all damages sustained by Lessor as a result of such misuse, including, without limitation, Lessor’s liability for or payment of any fines which may be imposed on Lessor or paid on behalf of Lessee by Lessor and (ii) Lessor may at its option terminate this Agreement. Lessee shall not mortgage or otherwise encumber LesseeXxxxxx’s interest in the Vehicle or this Lease, or place the Vehicle in the possession of any person other than Lessee, its agents and employees, and members of the immediate family of such persons, each of whom must possess a valid driver’s license. The possession of the Vehicle by an unauthorized person shall be at the sole risk and responsibility of Lessee, and Lessee shall, at Lessor’s option, be considered in breach of this Agreement.
Appears in 1 contract
Samples: Vehicle Lease Agreement
Vehicle Operation. Lessee shall maintain and operate the Vehicle in strict conformity with all applicable provisions of law and shall not permit the Vehicle to be used to transport goods or passengers for hire. Lessee shall comply and shall cause all persons operating the Vehicle to comply with all provisions of law applicable to the Vehicle’s 's registration, leasing, insurance, use and operation, and with all condition of the Vehicle’s 's insurance, and shall prepare and furnish to Lessor all documents required there under. Lessee agrees that whenever any provision of law requires installation of any accessories or equipment. Lessee will comply with all such requirements and will accept and pay for such equipment when the vehicle is acquired for Lessee. Lessee shall be solely responsible for fines and penalties for violations of any provision of law, including but not limited to parking ordinances, arising out of the Vehicle’s 's use and/or operation. If the Vehicle is used for purposes not permitted by the Agreement (i) Lessee will reimburse Lessor for all damages sustained by Lessor as a result of such misuse, including, without limitation, Lessor’s 's liability for or payment of any fines which may be imposed on Lessor or paid on behalf of Lessee by Lessor and (ii) Lessor may at its option terminate this Agreement. Lessee shall not mortgage or otherwise encumber Lessee’s 's interest in the Vehicle or this Lease, or place the Vehicle in the possession of any person other than Lessee, its agents and employees, and members of the immediate family of such persons, each of whom must possess a valid driver’s 's license. The possession of the Vehicle by an unauthorized person shall be at the sole risk and responsibility of Lessee, and Lessee shall, at Lessor’s 's option, be considered in breach of this Agreement.
Appears in 1 contract
Samples: Vehicle Lease Agreement