LEASE PRICING Clause Samples
The LEASE PRICING clause defines how the cost of leasing a property or asset is determined and communicated within the agreement. It typically outlines the base rent or lease payments, any additional charges such as maintenance fees or taxes, and the schedule for payment. This clause ensures both parties have a clear understanding of the financial obligations involved, helping to prevent disputes over payment amounts and timing.
LEASE PRICING. The following terms and conditions apply to pricing under the Lease. The Authorized User retains the right to negotiate all Lease fees and prices.
A. Unless otherwise specified by an Authorized User in the Mini-Bid, the Lease price for the Lease Vehicle shall include all customs duties and charges, all Lease Vehicle preparation and clean-up charges, New York State motor vehicle inspection, installation charges and all other incidentals normally included with providing a Lease Vehicle, including the manufacturer’s fees (e.g., destination charges), and the Lease Provider Acquisition Fee.
LEASE PRICING. The following terms and conditions apply to pricing under the Lease. The Authorized User retains the right to negotiate all Lease fees and prices.
LEASE PRICING. Dealer agrees that the lease will be priced utilizing the vehicle residual value factor which is listed in the Residual Value Lease Guide published by Automotive Lease Guide for the model and make of vehicle leased (including options). Dealer may, however, with prior GMAC approval, establish a higher residual value. In these instances, GMAC may withhold the difference from payment to the Dealer for the vehicle and Dealer will be responsible for any loss sustained by GMAC as a result of early termination or termination at scheduled maturity up to the amount of the difference between the two residuals.