Trip lease definition
Trip lease means a lease of vehicle(s) to a carrier (lessee) for a single interjurisdictional movement. The term may also include a similar intrajurisdictional movement where such movement is authorized under the laws of the jurisdiction.
Trip lease means a lease of vehicle(s) to a car rier (lessee) for a single interjurisdictional movement. The term may also include a similar intrajurisdictional movement where such move ment is authorized under the laws of the jurisdiction.
Trip lease means lease of a vehicle to a lessee for a one trip operation only.
More Definitions of Trip lease
Trip lease means a lease of vehicular equipment to a carrier (lessee) for a single interjurisdictional movement. The term may also include a similar movement intrajurisdictional where such movement is authorized under the laws of the jurisdiction. “Motor carrier audit” means a physical examination of a motor carrier’s operational records including source documentation to verity fleet mileage and accuracy of a carrier’s record keeping system.
Trip lease. : Trip lease shall mean a lease of a vehicle to a lessee for a one-trip operation only.