Common use of Replacement Vehicles Clause in Contracts

Replacement Vehicles. 12.1. If specified in the Schedule, and always at the Company's sole discretion, if the Vehicle suffers mechanical breakdown as a result of negligent Routine Maintenance which renders it unusable for a period exceeding that specified in the Schedule, the Company may either (a) provide a replacement vehicle (which will not necessarily be of equivalent specification)(Replacement Vehicle) or (b) compensate the Operator up to a maximum of one hundred and fifty pounds (£150) per day. The Company shall never be obliged to provide a Replacement Vehicle or pay any equivalent sum.

Appears in 2 contracts

Samples: Repair and Maintenance Agreement, Repair and Maintenance Agreement

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Replacement Vehicles. 12.113.1. If specified in the Schedule, and always at the Company's sole discretion, if the Vehicle suffers mechanical breakdown as a result of negligent Routine Maintenance which renders it unusable for a period exceeding that specified in the Schedule, the Company may either (a) provide a replacement vehicle (which will not necessarily be of equivalent specification)(Replacement Vehicle) or (b) compensate the Operator up to a maximum of one hundred and fifty pounds (£150) per day. The Company shall never be obliged to provide a Replacement Vehicle or pay any equivalent sum.

Appears in 2 contracts

Samples: Maintenance Agreement, Maintenance Agreement

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