Vehicle lease definition

Vehicle lease means a lease of a motor vehicle used, or intended to be used, by a service member or a service member’s dependents for personal or business transportation if either of the following applies:

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Vehicle lease means any vehicle leasing or hire contract in respect of any vehicle leased or hired by the Council.

Vehicle lease means a Contract for the lease of a Vehicle or for the purchase of a Vehicle under a conditional sales or title retention agreement. Vehicle means automobiles, trucks, trailers, tractors and other vehicles and transportation equipment used, held for use or useful in the conduct of the Business.

Examples of Vehicle lease in a sentence

• Vehicle lease and services agreement, concluded between the Lessor and the Lessee digitally, an integral part of which is List of Penalties - Appendix 1 and these General Terms and Conditions, the contents of which the Lessee unconditionally agrees upon registration in the Mobile Application.

• Vehicle lease and services agreement, concluded between the Lessor and the Lessee, containing the conditions of the Agreement and these Rules.

• The maximum Vehicle lease term of the Operating Lease as it relates to each Acquired Vehicle leased hereunder shall be from the Vehicle Lease Commencement Date to the date that is 24 months from the date of the original new vehicle dealer invoice for such Acquired Vehicle.

• Services shall mean Vehicle lease and shared mobility services and other related services provided by the Company, as defined in the Agreement.

• The maximum Group IV Vehicle lease term of the Group IV Financing Lease as it relates to each Group IV Financed Vehicle leased hereunder shall be from the Vehicle Lease Commencement Date to the date that is sixty (60) months from the Vehicle Lease Commencement Date.

More Definitions of Vehicle lease

Vehicle lease means a transfer of the right to possess and use a motor vehicle for a term of more than 180 days in return for consideration.

Vehicle lease means a bailment or lease of a single vehicle by a person for a period of more than 4 months where the lessee’s obligation upon termination or expiration of the lease is based on the excess of the unamortized capitalized cost of the vehicle over its residual value as established pursuant to the provisions of NRS 100.145. The term includes a bailment or lease where the lessee becomes or may become owner of the vehicle by payment to the lessor of an amount which is substantially equal to the residual value or the unamortized capitalized cost, if the payment is not nominal.]

Vehicle lease means a bailment or lease of a single

Vehicle lease means a lease of a motor vehicle used, or intended to be used, by a service member or a service member’s dependents for personal or business transportation if either of the following applies: (1) The lease is executed by or on behalf of a person who thereafter and during the term of the lease enters military service under a call or order specifying a period of service of not less than ninety days, or who enters military service under a call or order specifying a period of ninety days of service or less and who, without a break in service, receives orders extending the period of military service to a period of not less than ninety days. (2) The service member, while in military service, executes the lease and thereafter receives military orders to deploy with a military unit, or as an individual in support of a military operation, for a period of not less than ninety days.

Vehicle lease means an agreement between an Obligor and a Transferor providing for the leasing of a Vehicle to the Obligor, provided that such agreement would not be classified for purposes of GAAP as a Finance Lease and not an Operating Lease.

Vehicle lease means a bailment or lease of a single vehicle by a person

Vehicle lease means any leasing agreement(s) between a Leasing Company as lessor and the Service Provider as lessee of a vehicle which is used by the Service Provider for the transportation of Prisoners in the provision of the Services.