The content of your dry lease depends on the products or goods you rent. As a general rule, these agreements contain provisions that include a clear description of the products made available, details of payment terms and other important protections and restrictions specific to your situation. It is important to outline specific risks related to your business to ensure that the tenant is responsible for all these risks. You should keep a security loan on top of the device while the tenant is using it. This can help manage your business risks if the equipment needs to be repaired. It is important to include it in the rental agreement so that the tenant understands that you can use the security loan if you damage the equipment or if you do not return it on time. Here you can deduct the loan from any damage caused by the tenant. So getting a little more demanding if you wanted to rent a plane, rent only the plane yourself and rent a plane that works and flies would be a dry lease. A water lease would be an aircraft or an aircraft with the cabin crew, that is.dem pilot and crew for the occupancy of the aircraft. “Credit Account” refers to any settlement agreement we have renewed with our credit application agreement. “environmental legislation,” any law, regulation or other law that is passed by a regulatory authority or government that regulates the environment or somehow regulates the environment, including and without limitation of use or environmental protection. “Equipment” refers to all the equipment we provide as part of the rental agreement, including all tools, accessories and parts that can be rented or connected.
“expected recruitment date,” the date they expect at the end of the recruitment period. This date is specified in the rental schedule. “Rental fee” or “rental fee” refers to the prices and fees you have to pay for the rental of the device. “rental period,” the period described in Term 4. A “rental plan” means the document they have made available to you that contains the details of the equipment you have rented, the rental costs, all other applicable fees, the scheduled off-hire date and the address for the delivery of the device. “high-risk work licence,” an authorization issued by the relevant security and security services of the state`s state, which is necessary for the operation of equipment considered to be high risk. Long Distance Location is more than 50 km from our nearest branch. “LTD Waiver” has the meaning defined in paragraph 15.
“New Replacement Costs”: the cost of replacing the equipment with a new item of the same equipment, or, if the same equipment is not available, the cost of replacing the equipment with a new device with the same quality, function and capacity. The “non-exclusive provision” has the meaning defined in paragraph 16.3. “Off Hire Date” has the meaning defined in paragraph 5.5. “Off Hire Number” is the number you give them on the Off Hire Date. “PMP” is the preventative maintenance program managed electronically by us (or our agent) for all devices. The PMP includes the regular presence of our on-site service team to perform routine maintenance work on equipment and general maintenance requirements. “PPSA” refers to the Personal Property Securities Act 2009 (as amended) and all other related laws and regulations, and the following terms in paragraphs 9.2, 10 and 31 have the corresponding meanings given to them in the PPS Act: funding declaration, financing declaration, purchase guarantee (or “PMSI”), register, registration and security interests.