Please refer to the below Rental Agreement details/ vehicle plate numbers that were hired by your company and returned to our office earlier than the agreed return dates as per the rental agreements. Initially, these agreements were made for long term lease; however, we received these vehicles back earlier than the agreed return date stipulated in the lease agreements.
Therefore, please be informed that an early termination fee equivalent to one month’s rent will be charged to Leighton Contracting for each vehicle as per the master lease agreement which is in force.
Kindly acknowledge the above and send us the confirmation at the earliest.
Some vehicles rented by your company were returned to us earlier than the date agreed on by you in the rental agreement [the contract]. Therefore, the early termination fee that you agreed on in the contract will be charged to Leighton contracting.