The following minimum coverages will apply:Ĭomprehensive fire and theft coverage and collision coverage, each for actual cash value of the vehicle and with a maximum deductible of $2,500 and INSURANCE: During the term of the lease and until the return of the vehicle, the LESSEE will maintain insurance acceptable $ disposition fee will be due plus any vehicle damage not considered normal, if any, plus any overage of mileage at a rateģ. If the LESSEE does not purchase the vehicle, a At the end of the lease term, the LESSEE may purchase the vehicle for LESSEE shall pay a late charge of 5% of the payment if the monthly lease payment is 10 days past due. Invoices are issued on or about the 15 th of each month and are due by the 25 th of each month with the first payment due by The fixed lease is for monthly payments of $ per month PROPERTY: the Company hereby leases to LESSEE and LESSEE hereby leases from the Company, under the terms and conditions herein: THE PARTIES HEREBY MUTUALLY AGREE AS FOLLOWS: And EXPEDITION HOLDINGS, INC., hereinafter called “the Company”, organized and operating under the laws of the State of Florida.
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