State Of Georgia User Agency Vehicle Open End (Financial) Lease Agreement (Page 5 of 7) in pdf

commenced for death, personal injury or property damage resulting from the ownership,

maintenance, use or operation of the vehicle, User Agency will promptly notify Contractor of such

action or claim and forward to Contractor a copy of every demand, notice, summons or other

process received in connection with such claim or action.

15. USER AGENCY’S DEFAULT. Upon the failure of the User Agency to make any payment when

due, or upon the failure of the User Agency to perform any other obligation imposed upon it by this lease

agreement and upon the continuance of such failure after the receipt of written notice thereof from the

Contractor, the User Agency shall be deemed to be in default hereunder. Upon the occurrence of any such

default, the Contractor shall provide the User Agency written notice of the default and an opportunity to

cure. In the event the User Agency’s default is not cured within thirty (30) days of User Agency’s receipt

of the written notice of default, Contractor shall have the right, in addition to any other legal remedy

available to it, to terminate the lease agreement. Upon termination of the lease agreement by Contractor

pursuant to this provision, Contractor may either enter the User Agency’s premises and remove the vehicle

or demand return of the vehicle at the User Agency’s expense as permitted by Section 9 “Return of the

Vehicle”.

16. CONTRACTOR’S DEFAULT. Upon the failure of the Contractor to perform in accordance with

the terms of this lease agreement, Contractor shall be deemed to be in default hereunder. Upon the

occurrence of any such default, User Agency shall provide the Contractor written notice of the default and

an opportunity to cure. In the event the Contractor’s default is not cured within thirty (30) days of

Contractor’s receipt of the written notice of default, User Agency shall have the right, in addition to any

other legal remedy available to it, to terminate the lease agreement and demand the return of the vehicle at

the Contractor’s expense as permitted by Section 9 “Return of the Vehicle”.

17.

NOTICES. Any and all notices, consents, acceptances or any other communication provided for

herein shall be given in writing by registered or certified mail, return receipt requested, by receipted hand

delivery, by Federal Express, courier or other similar and reliable carrier which shall be addressed to the

person who signed the lease agreement on behalf of the party at the address identified herein. Each such

notice shall be deemed to have been provided: 1) at the time it is actually received, or 2) within one (1) day

in the case of overnight hand delivery, courier or services such as Federal Express with guaranteed next day

delivery, or 3) within five (5) days after the notice is deposited in the U.S. mail in the case of registered U.S.

mail. Form time to time, the parties may change the name and address of the person designated to receive

notice by providing notice of such change in name or address in writing to the other party as provided

herein.

18.

ASSIGNMENT. The lease agreement may not be assigned without the prior written consent of

the parties. Any assignment must preserve the rights of the User Agency.

19.

SEVERABILITY. This lease agreement embodies the entire agreement between the parties. It

may not be modified or terminated except as provided herein by other written consent. If any provision

herein is held to be invalid, it shall be considered deleted here from and shall not invalidate the remaining

provisions.

[Signature page to follow]

State Of Georgia User Agency Vehicle Open End (Financial) Lease Agreement Page 5