6. Lease Rental
Created by: Pratik Vermun
In lieu of the lease of the Vehicle and related services hereunder, the Lessee shall pay to the Lessor a lease rental fee specified in the booking details on the App (the “ Lease Rental ”) at the time of booking the vehicle in advance for the Lease Term through the Platform.
The Lessee hereby agrees and acknowledges that the Lease Rental comprises of the charges towards (i) usage of the Vehicle for a pre-agreed mileage as specified in Booking details on the App (“ Agreed Mileage ”); (ii) Platform usage fees; (iii) maintenance and repair cost; (iv) insurance/ trip protection charges; and (v) delivery charges, if applicable. In the event the usage of Vehicle exceeds the Agreed Mileage, the excess mileage will be charged as per the rate specified in the Fee Policy. The difference between the actual usage i.e., lesser, or greater than the Agreed Mileage shall be determined and settled i.e., paid by the Lessee to the Lessor or vice versa at the time of expiry or termination of the Lease Term.
Lessee shall be liable to pay any outstanding Lease Rental or other charges accruing due to Lessee exceeding Agreed Mileage or otherwise and shall be chargeable in accordance with the Fee Policy and may also incur penalties or late payment charges for prolonged default in clearing such outstanding amount as mentioned in the Fee Policy.
Any other payments made by the Lessor on behalf of the Lessee pertaining to the Vehicle, under this Agreement or otherwise shall be promptly reimbursed by the Lessee to Lessor on receipt of written notice in respect thereof from the Lessor together with documentary proof of such payments or at the option of the Lessor, to set off against amounts, if any, from the Lessor to the Lessee.