2016-10-17 GC Agenda - Item 8 - Attachment 2 (Amended) - Statement of Financial Position

            (i)     the Lessor shall at all times during the Term, when requested by the
                    Lessee, deliver the parts to the Noosaville depot or Higer Forest Glen
                    Dealership within 24 hours of the request;

            (ii)    the Lessee shall pay the Lessor the purchase price the Lessor paid for the
                    parts.

      (g)   If any parts, repairs or maintenance are required for a Bus other than due to a
            negligent act or omission of the Lessee or the Operator, or their consultants,
            agents, employees or other contractors, the Lessor shall provide the necessary
            parts, repairs or maintenance at its cost, as soon as practicable after it is notified
            of the need for the parts, repairs or maintenance.

      (h)   The Lessor shall provide to the Lessee a current price list for all such parts and
            assemblies from time to time during the working life of the Buses.

      (i)   The Lessor shall supply, in an approved electronic format, showing a full list of
            spare parts the Lessor holds for the Buses, and their prices.

14.   Breakdown of Buses

      (a)   In the event of a Breakdown of a Bus:

            (i)     the Lessee shall notify the Lessor of the Breakdown in writing;

            (ii)    the Lessor shall, as soon as practicable after receiving notice of the
                    Breakdown from the Lessee, either replace the Bus or return the Bus to
                    operating condition; and

            (iii)   the Lessor may have the Bus inspected by a suitably qualified mechanic to
                    determine whether a Breakdown has occurred.

      (b)   From the date the Lessee gives the notice of a Breakdown to the Lessor, the Rent
            payable in respect of the Bus which is the subject of the Breakdown shall be
            suspended in full until the Bus is replaced or returned to operating condition.

      (c)   If a Breakdown occurs and the Bus is not repaired or replaced within seven days
            after the Lessor receives notice of the Breakdown from the Lessee, the Lessor
            shall be liable for any direct losses suffered by the Lessee as a result of the
            Breakdown, including the costs associated with procuring a replacement for the
            Bus for the period between the time the Breakdown occurs and the time the Bus is
            replaced or returned to operating condition.

15.   Access

      (a)   Upon provision of reasonable written notice by the, the Lessee will arrange for the
            Lessor or its representative to enter the place where the Buses are located to:

            (i)     inspect the Buses; or

            (ii)    check whether the terms of the Lease are being complied with; or

            (iii)   carry out maintenance.

      (b)   The Lessor shall comply with all work place health and safety requirements of the
            Lessee or the Operator when at the premises of the Lessee or the Operator, and
            attend safety inductions for each location if required.


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