The City of Clermont, Florida, has entered into a Master Walkaway Lease Agreement with Enterprise FM Trust for the lease of vehicles. The lease term is 12 months, and the monthly rental payments will be made by the City to Enterprise FM Trust. The agreement includes provisions for maintenance, insurance, and indemnification. The City is responsible for maintaining the vehicles and obtaining insurance coverage for the vehicles. The agreement also includes a provision for the City to defend and indemnify Enterprise FM Trust against any losses or damages incurred due to the City's breach or violation of the agreement. The key aspects of this contract include:
• Lease term: 12 months
• Monthly rental payments
• Maintenance and insurance responsibilities
• Indemnification provisions
• Termination and renewal options