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Form #806

Lease Agreement for Trucks, Tractors, Etc

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Trucks, Tractors, Etc. - free to use

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Trucks, tractors, etc.

State of _________

County of _________

This memorandum of an agreement is made and entered into between _________, lessor, and _________ company, of _________, state of _________, lessees.

Lessor has and does lease and let to lessees _________ motor trucks fully described by engine number, state license number, manufacturer, and capacity, on the back of this agreement, for a period of _________ weeks beginning _________[Date], and ending _________[Date], both inclusive, subject to the following terms and conditions.

The aforesaid trucks are being leased primarily for transportation of _________[commodity] from _________ to _________ or other port cities; and _________ or other commodities from _________ and other port cities to _________. Lessees agree to pay lessor as rental for each of the trucks the sum of $_____ per week, plus an additional sum equal to $_____ per ton mile, for all commodities transported from _________ and other port cities to _________, respectively on each of the trucks during such lease period.

Lessor represents that the motor trucks are in first class condition and in every respect suitable for the transportation of _________; that each and all of the trucks have been licensed and are so constructed and equipped as to comply with all the rules and regulations governing their operation over the highways of this state carrying net loads of the respective amounts as represented on the back of this agreement. Any repairs necessary to keep the trucks in good running condition throughout the life of this lease shall be at the expense of lessor; and in the event that the operation of any truck should be suspended for purposes of necessary repairs during the life of the lease, such loss of time shall be considered to be for the account of lessor and the life of the lease shall be extended, without additional rental payment, for a corresponding period in order to compensate lessees for such loss of time.

Lessees, during the term of this lease, are to have absolute control and use of the motor trucks in the same manner as though they were the absolute owners. Lessees will employ and have absolute control and supervision of the operators of the trucks; however, lessees agree not to permit any persons to whom lessor objects in writing as not being careful and competent drivers to operate any of the trucks, if on investigation the lessees find such objections well founded. On the other hand lessor agrees to waive any claim and relinquish and release lessees from any liability for any injury or damage occasioned to the trucks during the term of this lease, whether caused by negligence of the driver or otherwise.

Lessor agrees, at lessor's expense, to carry fire, theft and accident insurance to protect lessor against loss and injury to the trucks.

Lessor also agrees, at lessor's expense, to carry public liability insurance with proper rider or omnibus clause so as to fully protect lessees in the amount of $_____ for death or injury to one person and $_____ for death or injury to two or more persons growing out of the same accident, and in amount of at least $_____ for property damage. This insurance must be carried in a company authorized to do business in this state and to be in all respects both as to company and form of policy, acceptable to lessees.

_________, Lessor

_________, Lessees

[Date]



 
Contributed by
Asian Investment Advisers
 
Name of Firm Asian Investment Advisers
Total Forms Contributed 61
 

See All Asian Investment Advisers's Forms
 

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Terms Of Use

Submissions to this site, including any legal or business forms, posts, responses to questions or other communications by contributors are not intended as and should not be construed as legal advice. You are strongly encouraged to consult competent legal council before engaging in any action based upon content contained on this site.

These downloadable forms are only for personal use. Retransmission, redistribution, or any other commercial use is prohibited. This includes reposting forms from this site to another site offering free legal or other document forms for download.

Please note that the donator may have included different usage terms regarding this form, and you agree to abide by these terms. It is highly recommended that you have a licensed attorney review any legal documents for which you are searching in order to make sure that your needs are being properly and completely satisfied.

Your use of this site constitutes your acceptance of our terms of use and your agreement to hold this site, its officers, employees and any contributors to this site harmless for any damage you might incur from your use of any submissions contained on this site. If you do not agree to the above terms, please do not proceed.

These forms are provided to assist business owners and others in understanding important points to consider in different transactions. They are offered with the understanding that no legal advice, accounting, or other professional service is being offered by these documents or on this website. Laws vary in the different states. Agreements acceptable in one state may not be enforced the same way under the laws of another state. Also, agreements should relate specifically to the particular facts of each situation. Therefore, it is important to consult legal counsel whenever utilizing these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com is not engaged in recommending or referring members on the site or making claims about the competence, character or qualifications of its participating members.
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Keywords: Trucks, Tractors, legal forms

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