Fair Wear & Tear definition
Examples of Fair Wear & Tear in a sentence
Subject to Clause 13.2(a) iii., I may return the Goods to you only if the Goods meet the return conditions set out in the Fair Wear & Tear Guide, as determined by you in your sole discretion.
Subject to Clause 13.2(c) iii., I may trade-in the Goods for a new vehicle only if the Goods meet the return conditions set out in the Fair Wear & Tear Guide, as determined by you in your sole discretion.
You must pay to us: a) default interest charges at 5% per annum above the Bank of England base lending rate on any amount which remains unpaid on the payment due date (see clause 4.8); b) the Damage Administration Charge or Light Damage Administration Charge if, at the end of the Hire Period, the Vehicle is returned to us with damage that falls below the standard described in the Fair Wear & Tear Guide under Schedule 2.
In particular it will note any damage to the Vehicle which does not meet our Fair Wear & Tear standards and which either you (where the Insurance Policy is in place) or we (where CDW cover applies) have not repaired prior to its return.
Fair Wear & Tear This is the deterioration in the condition of the property and its contents which occurs naturally as a result of being lived in and used in a reasonable and legal manner.
Subject to Clause 7.3(a) iii., you may return the Goods to us only if the Goods meet the return conditions set out in the Fair Wear & Tear Guide, as determined by us in our sole discretion.
Subject to the Hirer not being liable for any damage, loss or cost directly caused by fair wear and tear as determined under the Australian Industrial Truck Association (AITA) Fair Wear & Tear Guide 2006 (as updated from time to time), the Hirer hereby assumes, and shall bear the entire risk of, loss or damage to the Equipment or any Claim from any and every event, whatsoever and howsoever caused from the time that the Hirer takes possession of the Equipment until the Equipment is returned to the Owner.
A claim based on the following items will be not accepted: Parts that are part of regular maintenance Tyres Flywheel and shock absorbers after 150.000km Items stated in the inspection report All damages seen as “Fair Wear & Tear” as per the LeasePlan Fair Wear & Tear guidelines The Seller reserves the right to send an inspection firm to the Car Trader place of business or garage, to perform a second visual or technical inspection to verify the validity of the complaint made by the Car Trader.
Good condition will be assessed in accordance with the Fair Wear & Tear Guide issued by the Australian Fleet Lessors Association.