7.11 The owner undertakes to bear the costs of maintenance and repair of routine vehicles due to normal wear and tear and to expressly avoid damage caused by a collision. The tenant can pay the above and can then only recover the costs from the landlord with the prior written consent of the landlord. PandaTip: In this car rental example, the “owner” is the person who owns the vehicle and the “renter” is the person who will rent it. The renter is not required to be an authorized driver (the list of drivers can be found in Appendix B). The tenant can be a natural or legal person (such as a company). If the tenant is a natural person, you must amend the above clause to reflect this fact. PandaTip: If you want to remove or add allowed drivers, you can do so here by adding or removing rows from the table below. If you prefer to allow a driver, you can delete the table above and indicate it here. For example: “Any person 18 years of age or older who has a valid driver`s license,” or “Any employee of ABC Corp Limited who has a valid driver`s license.” PandaTip: If you do not wish to include the right to arbitration or wish to choose another arbitrator, please delete or modify this clause.
Arbitration is a private agreement (unlike a legal case) and is sometimes involved to show the parties that they cannot obtain benefits by threatening to file a claim, but that they must be prepared to go through a fair arbitration hearing. 7.17 The renter undertakes not to sublet the vehicle. PandaTip: If this lease applies to a vehicle that is not a car, you may need to change some of the above information. This car rental agreement (the “Contract”) defines the conditions under which [lessor`s name] (the “Lessor”), a company duly registered under the laws of [the State] with registered number [registered number] and its address registered at [ADDRESS], a vehicle [name of the lessee] (the “Lessee”) is a company duly registered and registered in accordance with the laws of [the State] with registered number [registered number] and which is registered has no registered address at [ADDRESS] (together, the “Parties”). PandaTip: Rental rates must be described in as much detail as possible, the car or any other vehicle can be rented for a flat fee, weekly fee, monthly fee, per trip or per mile. The examples are “. the sum of 5,000 USD”, “. the sum of USD 500 per calendar month paid on the last day of each month in which the car rental contract is in force”. The sum of $0.50 per mile driven by the vehicle is payable monthly and is calculated by reference to the vehicle`s odometer. 1.1 Both “vehicle” and “vehicle” means the vehicle listed in Schedule A, regardless of whether the vehicle may not be a vehicle. 7.19 The renter undertakes to immediately inform the policy, the owner and the insurance if the vehicle is stolen or suspected of being stolen.
3. OBLIGATIONS OF THE RENTER It is agreed that the renter will use the vehicle during the operation of this car rental contract in accordance with the provisions of the car rental contract and that he will return the vehicle to the pick-up place on the date of return or before the date of return at the same level of fuel as when picking up the vehicle. In addition, it is agreed that the tenant will immediately pay the rental prices and comply with the conditions referred to in point 7. 5.1.1 the inability of the lessee to pay the rents due under the car rental agreement within 60 (sixty) days from their due date, unless such delay has been explicitly agreed between the parties. . 7.3 The tenant undertakes to pay all rents to the lessor immediately and not to withhold payment inappropriately. 7.4 The renter undertakes to allow only authorized drivers to operate the car during the operation of the car rental contract. 1.9 The names of the titles of the car rental contract are mentioned only as a reference and are not part of the contract. . .