Standard Maintenance Lease definition

Standard Maintenance Lease means any Lease identified as a “Standard Maintenance” Lease or otherwise treated as a Standard Maintenance Lease per these T&Cs.
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Examples of Standard Maintenance Lease in a sentence

  • Each Lease will be identified as either a Standard Maintenance Lease or a Net Maintenance Lease.

  • Any Lease not expressly identified as a Standard Maintenance Lease or a Net Maintenance Lease will be deemed a Standard Maintenance Lease (subject to Section 7(c) below).

  • 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.

  • Except as otherwise provided in the Lease or any Schedule thereto, ▇▇▇▇▇▇▇▇ shall be solely responsible for all preventive maintenance servicing and repairs to any refrigeration unit attached to any Equipment, regardless of whether the Lease is identified as a Standard Maintenance Lease or a Net Maintenance Lease.