RENTAL AGREEMENT TERMS AND CONDITIONS
Payment: The Renter shall pay to the Lessor upon demand all charges incurred in connection with the rental described herein including all rates, optional charges, refueling service charges, airport fees, fines levied by local authorities, and other charges plus all loss or damage to the vehicle subject to clause, 3 and 4. It is expressly understood that this Agreement constitutes the binding obligations between the parties requiring the Renter to make the payments stipulated herein without any delay. Any other documentation such as invoices, debit notes, purchase orders, advice or other intimations of the Lessor or the Renter as applicable, are merely supplementary to this Agreement, and any irregularity in the supplementary documentation shall not be a ground for any delay in the payments to be made to the Lessor.
Renter authorizes Lessor to reserve credit with the credit card issuer in an amount equal to all estimated charges and to bill the issuer for all charges. The said payment shall be made in full without any deductions whatsoever and disputes If any shall be resolved separately with the Lessor for settlement.
The Renter authorizes to car rental companies to charge his credit card in case of any traffic police fine or any other government bodies penalty plus SAR. 25/- service charge either during the rental or after the rental if the penalty is notified at a later date.
Vehicle: Customer acknowledges that the vehicle and all accessories, tires, and equipment are sole property of the Lessor and are delivered m good working condition. Customer shall return the vehicle in the same condition as when received with all tire’s tools equipment and documents intact. (Normal wear and tear expected) to the place where received unless otherwise provided in writing on the reverse at the date of return as specified on the reverse. Lessor may repossess the vehicle at customers cost without notice, if the vehicle is illegally parked, used in violation of this agreement. appears to be abandoned, or is not returned on the date as specified m the agreement.
Renter should comply with the terms and conditions of the insurance policy including immediate reporting of all thefts and accidents, loss and damage to the Lessor accompanied by a police report issued by the Saudi police. Customer is responsible to pay the insurance excess amount and shall reimburse Lessor up on demand, regardless of fault, plus incidental and consequential damages and administrative charge and loss of use. However, if customer purchases optional collision damage waiver (CDW), properly reports the loss or damage to the Lessor and the proper authorities Police and otherwise complies with the terms and conditions of this agreement, Lessor shall waive the customers liability for such a loss or damage in accordance to the terms specified on this agreement and shall responsible for the minimum deductible as specified over leaf. In an event where no Police report is provided to process the insurance claim, the Renter shall be liable to pay the total cost of loss or damages to the vehicle and third-party damages.
CDW - covers ail accidental damages except mechanical damage due to misuse and under carriage (chassis damage), tires. cubes. wheel rims, antenna, wing mirrors. CDW also does not cover any loss or damage if the vehicle is operated or used in violation to clauses mentioned under use of vehicle.
Use of the Vehicle:
Renter shall permit only safe, careful and authorized drivers above the age of 23 years, to operate me vehicle. The driver should hold a valid Saudi driving license, which should be at least six-month-old (lnt'I D/L Policy will apply)
The vehicle shall be used for purposes permitted in the license of the vehicle without ever, using the vehicle for rewards, rallying, racing, and the like. The use shall be confined to the geographical territory of the KSA. unless expressly permitted otherwise by Lessor in writing on a case to case basis.
Remer shall not permit any vehicle to be used in violation of any traffic laws, state or municipal statutes, laws, ordinances, rules or regulations or contrary to the provisions of any applicable insurance policy. Any liability attributed to damages, fines, penalties. incurred through such violation(s) during the term of this agreement shall be accepted, borne and paid by Renter, even if 1t 1s brought out by me concerned authorities at a later date.
The renter shall exercise due care and caution in the use of the veh1cle(s). The Renter should stop the vehicle immediately on any faulty indications or warning signals whilst using the vehicle and the same shall be reported to the Lessor immediately. The level of all fluids including battery fluids, oils and ocher liquids apparatuses shall be maintained at the level specified by the manufacturer, and Renter shall pay for any damages resulting from not doing so. The local distributor of the vehicle(s) used by the Renter shall be the sole judge, whose decision will be final and binding on the Renter on any Issue relating to the misuse of the vehicle or the extent of damage or loss.
The vehicles leased Initially as per this agreement may be substituted temporarily or permanently due to reasons accepted by the Lessor and the Renter through a replacement document of the Lessor, such substitute vehicle(s) whenever provided shall be used by the Renter subject to the terms and conditions of this Agreement.
Upon expiry or termination of this agreement the vehicle shall be returned to the Lessor in the condition which is compatible with the age of the vehicle and kilometers driven, with the interior and exterior clean. In case of any damage to the vehicle Renter shall pay for repairs as per estimate given by the Lessor. The lease rental for the said vehicle will continue to be charged during the period when it is undergoing repairs or waiting for approval.
Renter's Damages: Lessor shall not be responsible in any event what so ever to the Renter, or It's agents, servants or employees, for any loss of commercial business or any other damages caused due CO non availability of the leased vehicle(s) or for the time lost in the repairing or replacing of any vehicle(s) nor for any loss, injury or damage arising out of or relating to Lessor’s failure to deliver vehicle(s) pursuant here to by reason beyond Lessor’s control, nor for any other losses or damages sustained by the Renter hereunder. It is expressly understood that Lessor assumes no liability or responsibility for any acts or omissions of Renter or of Renter’s agents or employees or for any property damaged, lost, or stolen in or from the vehicle(s).
Indemnity: Renter shall defend, indemnify, and hold harmless Lessor and the officers and employees of Lessor, from and against any damage, loss, theft or destruction of the vehicle(s), and against all losses, liabilities, damages, injuries, claims, demands, costs and expenses of every kind and nature in connection with the use, condition or operation of vehicle during the rental Term.
Applicable law: This agreement shall be interpreted under and governed by the law of the Kingdom of Saudi Arabia.