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Car Lease Agreement Form
"I need a Car Lease Agreement Form under Saudi law for leasing a fleet of 5 Toyota Camry vehicles to a corporate client for 24 months starting March 2025, with maintenance included and an option for additional drivers."
1. Parties: Identification of lessor and lessee with full legal names, addresses, and official identification numbers
2. Background: Context of the agreement and brief description of the transaction
3. Definitions: Definitions of key terms used throughout the agreement
4. Vehicle Details: Comprehensive description of the leased vehicle including make, model, year, VIN, color, and current condition
5. Lease Term and Delivery: Duration of lease, commencement date, and delivery arrangements
6. Rental Payments: Payment terms, amounts, due dates, and method of payment
7. Security Deposit: Details of security deposit amount, terms of hold, and conditions for return
8. Insurance Requirements: Mandatory insurance coverage requirements and responsibilities
9. Maintenance and Repairs: Responsibilities for vehicle maintenance, repairs, and servicing obligations
10. Lessee's Obligations: Specific responsibilities and restrictions on vehicle use
11. Lessor's Obligations: Lessor's commitments and responsibilities regarding the vehicle
12. Mileage Limitations: Annual mileage limits and excess mileage charges
13. Termination: Conditions and procedures for early termination or default
14. Return of Vehicle: Conditions for vehicle return and assessment procedures
15. Governing Law: Confirmation of Saudi Arabian law application and Sharia compliance
16. Dispute Resolution: Procedures for handling disputes and jurisdiction details
1. Commercial Use Terms: Additional terms for commercial or business use of the vehicle
2. International Travel: Terms and conditions for using the vehicle outside Saudi Arabia
3. Additional Drivers: Terms for registering and approving additional authorized drivers
4. Purchase Option: Terms for potential purchase of the vehicle at lease end
5. Modification Permissions: Terms regarding permitted and prohibited vehicle modifications
6. Special Equipment: Terms for additional equipment or modifications required for specific uses
7. Sublease Terms: Conditions under which subleasing may be permitted (if applicable)
8. Force Majeure: Provisions for unforeseen circumstances affecting the lease agreement
1. Schedule 1: Vehicle Condition Report: Detailed documentation of vehicle condition at delivery including photographs
2. Schedule 2: Payment Schedule: Detailed breakdown of all payments including monthly rentals and other charges
3. Schedule 3: Insurance Specifications: Detailed insurance requirements and coverage specifications
4. Schedule 4: Maintenance Schedule: Required maintenance intervals and procedures
5. Schedule 5: Authorized Service Centers: List of approved service centers for maintenance and repairs
6. Appendix A: Fair Wear and Tear Guide: Guidelines for acceptable vehicle condition upon return
7. Appendix B: Additional Driver Registration Form: Forms and requirements for registering additional drivers
8. Appendix C: Vehicle Return Checklist: Detailed checklist for vehicle return inspection
Authors
Additional Drivers
Authorized Service Center
Business Day
Commencement Date
Deposit
Early Termination
Excess Mileage
Fair Wear and Tear
Force Majeure
Insurance Policy
Lease Payment
Lease Period
Lease Term
Lessee
Lessor
Maintenance Schedule
Mileage Allowance
Monthly Rental
Normal Working Hours
Operating Manual
Permitted Use
Purchase Option
Rental Period
Replacement Vehicle
Security Deposit
Service Records
Termination Date
Total Loss
Vehicle
Vehicle Condition Report
Vehicle Documentation
Vehicle Identification Number (VIN)
Vehicle Return Location
Vehicle Specifications
Vehicle Description
Delivery and Acceptance
Term and Renewal
Payment Terms
Security Deposit
Insurance
Maintenance and Repairs
Usage Restrictions
Mileage Limitations
Additional Drivers
Warranty
Risk and Liability
Indemnification
Default
Termination
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendments
Confidentiality
Compliance with Laws
Return Conditions
Purchase Option
Representations and Warranties
Registration and Licensing
Automotive
Financial Services
Transportation
Fleet Management
Car Rental
Banking
Insurance
Retail
Corporate Services
Logistics
Legal
Finance
Operations
Risk Management
Compliance
Sales
Customer Service
Business Development
Fleet Operations
Documentation
Insurance
Asset Management
Legal Counsel
Contract Manager
Fleet Manager
Finance Manager
Operations Manager
Risk Management Officer
Compliance Officer
Sales Manager
Customer Service Manager
Business Development Manager
Account Executive
Leasing Specialist
Insurance Coordinator
Vehicle Operations Supervisor
Documentation Specialist
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