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1. Parties: Identification of lessor and lessee with full legal names and addresses
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Lease Grant: Core terms of the lease including duration and permitted use of the vehicle
5. Delivery and Acceptance: Terms regarding delivery of the vehicle and acceptance procedures
6. Rental Payments: Payment terms, amounts, schedule, and method of payment
7. Security Deposit: Details of security deposit amount, terms, and conditions for return
8. Insurance Requirements: Mandatory insurance coverage and party responsibilities
9. Maintenance and Repairs: Responsibilities for vehicle maintenance, repairs, and inspections
10. Vehicle Use and Operating Conditions: Permitted use, geographic restrictions, and operating requirements
11. Lessee Obligations: Specific responsibilities and obligations of the lessee
12. Lessor Obligations: Specific responsibilities and obligations of the lessor
13. Default and Remedies: Events of default and available remedies for both parties
14. Termination: Conditions and procedures for early termination
15. Return of Vehicle: Conditions and procedures for vehicle return at lease end
16. General Provisions: Standard legal provisions including governing law, notices, and amendments
1. Multiple Vehicle Provisions: Additional terms for leases involving multiple trucks - include when leasing more than one vehicle
2. Cross-Border Operations: Specific terms for vehicles operating between Hong Kong and mainland China - include for cross-border operations
3. Sublease Provisions: Terms governing sublease rights and conditions - include if sublease is permitted
4. Driver Requirements: Specific requirements for drivers - include when lessor wants to control driver qualifications
5. Fuel Management: Terms regarding fuel cards and fuel cost management - include if fuel management services are provided
6. GPS and Telematics: Terms regarding tracking and monitoring systems - include if vehicles are equipped with telematics
7. Modification Rights: Terms governing vehicle modifications - include if modifications are anticipated
8. Environmental Compliance: Additional environmental requirements - include for specialized environmental zones or requirements
1. Schedule 1 - Vehicle Specifications: Detailed description of the leased vehicle(s) including make, model, year, VIN, and equipment
2. Schedule 2 - Rental Payment Schedule: Detailed breakdown of payment amounts, dates, and escalation terms
3. Schedule 3 - Maintenance Schedule: Required maintenance intervals and procedures
4. Schedule 4 - Insurance Requirements: Detailed insurance coverage requirements and minimum limits
5. Schedule 5 - Condition Report: Initial vehicle condition report with photographs
6. Schedule 6 - Authorized Drivers: List of authorized drivers and required qualifications
7. Appendix A - Operating Manual: Vehicle-specific operating instructions and requirements
8. Appendix B - Return Conditions: Detailed specifications for acceptable vehicle condition upon return
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