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

Contents
1.     Date ..................................................................................................................4

2.     Parties ..............................................................................................................4

3.     Background .....................................................................................................4

4.     Definitions and Interpretation ........................................................................4
4.1    Definitions............................................................................................................................. 4
4.2    Interpretation ........................................................................................................................ 7

5.     Performance of Lease ....................................................................................8

6.     Lessor's warranties and undertakings .........................................................8

7.     Ownership .......................................................................................................9

8.     Hold Points ......................................................................................................9

9.     Commencement Date ................................................................................... 10

10.    Risk and indemnity ....................................................................................... 10

11.    Storage of Buses .......................................................................................... 11

12.    Use and registration ..................................................................................... 12

13.    Maintenance .................................................................................................. 12

14.    Breakdown of Buses .................................................................................... 13

15.    Access ........................................................................................................... 13

16.    Loss or damage ............................................................................................ 14

17.    Rent ................................................................................................................ 14

18.    Insurance ....................................................................................................... 14
18.1   Public liability insurance ..................................................................................................... 14
18.2   Comprehensive and Compulsory Third Party Insurance of Buses.................................... 14
18.3   Proof of insurance .............................................................................................................. 15
18.4   Miscellaneous insurance provisions .................................................................................. 15

19.    Charging Infrastructure ................................................................................ 15

20.    Telematics System........................................................................................ 16

21.    Ticketing Equipment..................................................................................... 16

22.    Two-way Radio Communications System .................................................. 16

23.    CCTV Cameras .............................................................................................. 16


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