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picture1_Lease Agreement Template 201504 | Quick Download Lease Agreement


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File: Lease Agreement Template 201504 | Quick Download Lease Agreement
car lease agreement this car lease agreement the agreement sets out the terms and conditions upon which distinct imports ltd t a distinct auto leasing rentals the lessor being a ...

icon picture PDF Filetype PDF | Posted on 10 Feb 2023 | 2 years ago
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                                         CAR LEASE AGREEMENT 
               
              This Car Lease Agreement (the “Agreement”) sets out the terms and conditions upon which 
              Distinct Imports Ltd. T/A Distinct Auto Leasing & Rentals (the “Lessor”), being a Company 
              duly Registered under the laws of the Cayman Islands shall  lease  a  Vehicle  described 
              below in 
               
              Details to ______________________________________ (the “Lessee”), being a private 
              Individual (together, the “Parties”). 
               
              WHEREAS: The Lessor is the registered owner of the Vehicle. 
               
              WHEREAS: The Lessor is desirous of leasing the Vehicle to the Lessee on such terms as 
              are set out in this Car Lease Agreement and The Lessee for his part is desirous of leasing 
              the vehicle from the Lessor on said terms. 
               
              NOW, THEREFORE IT IS HEREBY AGREED as follows: 
               
               
              1. DEFINITIONS 
              In this Car Lease Agreement: 
                       
              1.1 “Vehicle” and “Car” shall both mean the vehicle set out in Schedule A regardless that 
              the Vehicle may not be a car.                                                                     
              1.2 “Approved Drivers” shall mean those persons set out in Schedule B.                           1
                                                                                                               e
              1.3 “Lease Rates” shall mean the Rates set out in Clause 4.                                      g
                                                                                                               Pa
                                                   Distinct Imports Ltd. 
                                            Main Street Walkers Road, George Town 
                                     P.O. Box 2415 Grand Cayman, KY1-1105, Cayman Islands 
                                       sales@distinctimports.net or info@distinctimports.net 
                                                    distinctimports.net 
                                                345 949-6199 or 345 929-6199 
               
          
          
         1.4 “Date of Collection” shall mean the date set out in clause 5.2. 
         1.5 “Place of Collection” shall mean the place set out in clause 5.2. 
         1.6  “Return Date” shall mean the date set out in Clause 5.3. 
         1.7  “Place of Return” shall mean the place set out in clause 5.3. 
         1.8 Unless it is evident from the context and having regards to the generality of this Car 
         Lease Agreement that a clause intends to mean otherwise: words denoted in the singular 
         only shall Include the plural and vice versa; words denoted in any gender shall include all 
         genders;  and,  terms  denoting  people  or  persons  shall  include  both  natural  and  legal 
         persons (such as corporations) and vice versa. 
         1.9 The heading names in this Car Lease Agreement are provided as reference only and 
         do not form part of the Agreement. 
         1.10 This Car Lease Agreement may be executed in both English and other languages. If 
         there is a conflict between the Agreement in its various translations the English version 
         shall prevail. 
         1.11 The illegality or unenforceability of any clause (or part thereof) shall have the effect of 
         voiding that clause (or part thereof) only and not the entirety of the Agreement. 
         1.12  This  Car  Lease  Agreement  may  be  executed  either  in  one  original  or  in  two 
         counterparts. 
         1.13 The terms of this Car Lease Agreement shall be deemed to be binding on both Parties 
         based on their respective conduct not withstanding any error or defect in the execution of 
         this Car Lease Agreement.                                 
                                                                  2
                                                                  e
                                                                  g
                                                                  Pa
                               Distinct Imports Ltd. 
                          Main Street Walkers Road, George Town 
                      P.O. Box 2415 Grand Cayman, KY1-1105, Cayman Islands 
                        sales@distinctimports.net or info@distinctimports.net 
                               distinctimports.net 
                             345 949-6199 or 345 929-6199 
          
                 
                 
                2. OBLIGATIONS OF THE LESSOR 
                It is agreed that the Lessor shall make the Vehicle available to the Lessee for the duration 
                of this Car Lease Agreement to be collected from the specified Place of Collection on the 
                specified date of collection. 
                 
                3. OBLIGATIONS OF THE LESSEE 
                It is agreed that the Lessee shall make use of the Vehicle during the operation of this Car 
                Lease Agreement in accordance with terms of this Car Lease Agreement and will return the 
                Vehicle to the Place of Collection on or before the Return Date with the same fuel level as 
                when the Vehicle was received. It is further agreed that the Lessee will pay the Lease 
                Rates promptly and shall observe the terms and conditions set out in Clause 7. 
                 
                4. LEASE RATES/PAYMENTS 
                4.1 It is agreed that the Lessee shall pay the Lessor $___________ per month. Said rates 
                are to be paid net of any and all taxes or duties if applicable.  
                 
                4.1.1 It is agreed that there will be a onetime payment of $50 for each additional drivers 
                listed by the Lessee.  
                 
                4.1.2 It is agreed that will be a security deposit paid at the commencement date on the 
                agreement for $____________  
                                                                                                                                    
                4.2 Mode of payment:                                                                                               3
                                                                                                                                   e
                       Cash             Credit/Debit Card               Company Check                                              g
                                                                                                                                   Pa
                                                            Distinct Imports Ltd. 
                                                    Main Street Walkers Road, George Town 
                                            P.O. Box 2415 Grand Cayman, KY1-1105, Cayman Islands 
                                               sales@distinctimports.net or info@distinctimports.net 
                                                              distinctimports.net 
                                                        345 949-6199 or 345 929-6199 
                 
               
               
              4.2.1 Credit/Debit Card Monthly Payment Agreement 
               
              I, ________________________________ hereby deemed as the Lesee authorize Distinct 
              Imports Ltd. T/A Distinct Auto Leasing & Rentals (the “Lessor”) to charge my credit/debit 
              card indicated below on a regular basis for the monthly lease payments due under the 
              terms of this Vehicle Lease Agreement.  
               
              I  understand  that  the  regularly  scheduled  payment,  or  the  amount  designated,  will  be 
              automatically charged on the agreement date per calendar month.  
               
              If the payment date falls on the 29th, 30th, or 31st, for months with a shorter number of 
              days, we will charge your debit/credit card on the last day of the month (or the following 
              business day if the last day of the month is a Sunday or holiday). If the payment date falls 
              on a Sunday or holiday, we will charge your credit/debit card the following business day.  
               
              This authorization will remain in effect until the end of your lease. You may elect to cancel 
              your  authorization  in  writing  at  any  time  up  to  2  business  days  before  the  regularly 
              scheduled payment date. 
               
              Name(s) _________________________________________________________________  
              Debit/Credit Card No. _______________________________________________________  
              Expiry Date. ___________________________ Security Code_______________________  
                                                                                                              
              ________________________________________            _____________________________              4
                                 Signature                                      Date                         e
                                                                                                             g
                                                                                                             Pa
                                                  Distinct Imports Ltd. 
                                           Main Street Walkers Road, George Town 
                                     P.O. Box 2415 Grand Cayman, KY1-1105, Cayman Islands 
                                       sales@distinctimports.net or info@distinctimports.net 
                                                    distinctimports.net 
                                               345 949-6199 or 345 929-6199 
               
The words contained in this file might help you see if this file matches what you are looking for:

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