24) Additions and changes to the terms and conditions of this lease are made in writing. The tenant is required to pay the landlord a [DOLLAR AMOUNT] deposit that will be used in the event of loss or deterioration of the rental vehicle during the term of the contract. The owner may respect a credit card of an equivalent amount instead of recovering a security deposit. In the event of a deterioration of the rental vehicle, the owner will apply this deposit to cover the necessary repair or replacement costs. If the cost of repairing or repairing damage to the rental vehicle exceeds the amount of the deposit, the tenant is responsible for paying the landlord the balance of the fee. 25) Icelandic law applies to agreements concluded on the basis of the above conditions. This includes all claims that could be invoked. This applies both to the base and to the calculation of compensation. The same applies to claims based on liability outside of this agreement. If disputes arise over this lease, they are tried in the landlord`s court. The duration of this car rental contract ranges from the date and time of withdrawal of the vehicle, indicated just above the signing line at the end of this contract, to the return of the vehicle to the owner and the conclusion of all the terms of this agreement by both parties. The estimated rental period is as follows: a directive on company vehicles or a contract for the use of company vehicles defines employees eligible for a vehicle in the company fleet. In addition, the qualification requirements for a company car, the basic rules that employees must follow for the use of company vehicles and disciplinary measures for the misuse of vehicles are presented.
This car rental agreement represents the entire agreement between the parties with respect to this lease agreement. An amendment to this agreement can only be made in writing by both parties. Any notification to the other party is communicated to the contact information below. 26) It should be noted that disputes between the parties to the lease agreement may be referred to the Active Arbitration Committee of the Icelandic Consumers` Association and the Icelandic Travel Industry Association. In the event of a dispute over this agreement, this car rental contract is interpreted by state law [STATE] and any arbitration action or procedure must be filed in the [COMTÉ] of the state [STATE]. If part of this agreement were to be declared unenforceable by a competent court, the rest of the agreement would continue to have its full effect and effect. 4) The vehicle must be carefully handled and driven. Only those who are cited as drivers on the first page of this agreement are entitled to drive the car.