Skip to main content

Tricycle Agreement form/Higher purchase

BETWEEN

NAME HERE…………………………………………….OWNER
of Aba North L. G. A.
Abia State.

AND

NAME HERE…………………...……………………….HIRER
of Osisioma L. G. A.
Abia State.

IN RE:
CARTER MOTORCYCLE WITH REGISTRATION NUMBER KGE822 VALUED AT FOUR HUNDRED AND TEN  THOUSAND NAIRA (N410,000.00)

DOCUMENTED BY:
CHIKE EZE DANIEL ESQ., OF CAR HIRE & CO.,  IHDULE CHAMBERS, 8 AFIKPO ROAD, ABAKALIKI,

HIRE PURCHASE AGREEMENT made this …………………………. day of …………………2014

BETWEEN
NAME HERE of Chukwudi Umoh, of Aba north L. G. A. Abia State.
 Nigeria (herein referred to as the “OWNER”) of the one part.

AND

NAME HERE of Azuiyiokwu Inyimagu,  Osisioma L. G. A.
Abia State.
State of  Nigeria (herein referred to as the “HIRER”) of the other part.

WHEREAS:
1.         The subject matter of this Hire purchase agreement is TRICYCLE with Registration No. Abia  Ab 336 QD valued  at 750,000.00 (Seven Hundred and Fifty Thousand naira).

2.         The OWNER is in true and lawful possession of the said TRICYCLE with Registration No.Abia   Ab 336 QD free from any and or all encumbrance or adverse claim from a third party.

3.         The vehicle hereinafter called the PROPERTY being the property of the OWNER has the following particulars:

(i)        Registration No:-------------------------------------
(ii)       Engine No:-------------------------------------------
TRICYCLE
 
(iii)     Chassis No:------------------------------------------

 
(iv)      Vehicle make:---------------------------------------
(v)       Vehicle model/colour:------------------------------

4.         The HIRER has approached the OWNER for the purpose of purchase of the above named TRICYCLE under Hire-purchase agreement.

5.         The OWNER has consented to so sale under the terms and conditions contained here-in-under.

NOW THIS AGREEMENT WITNESS AS FOLLOWS:
1.         That the hire purchase sum for the aforesaid tricycle is N750,000.000 (Seven Hundred and fifty thousand Naira)
2.         That the install-mental payment is weekly and at the rate of N10,000.00 (Ten thousand Naira) every Sunday.
3.         That ownership in the Tricycle shall remain with the Owner and can only be transferred to the Hirer on discharge of the hire purchase sum.
4.         That the Owner shall recover the said tricycle from the Hirer in default of non payment for a particular week except on grounds of repair by the Hirer.
5.         That Owner must be informed within a reasonable time of such repair and site of repair.
6.         That where the Owner recovers as in paragraph four above, the hirer forfeits all he has paid prior to the recovery.
7.         That  where the Hirer sales, cause to be sold and or through negligent act cause the Owner to loose his ownership of the tricycle,  he  or his surety shall be held liable for payment
8.         That all the clauses contained in this agreement shall be binding on the parties and represents the true intent of the parties.

IN WITNESS WHEREOF, the parties have set their hands and sign the day and year first above written.

SIGNED, SEALED AND DELIVERED
BY THE WITHIN NAMED OWNER

………………………………
NAME HERE          
                                                        
In the Presence of:
1.         Name:………………………………………..
Address:……………………………………..
Occupation:…………………………………
Signature:…………………………………….

SIGNED, SEALED AND DELIVERED
BY THE WITHIN NAMED HIRER

………………………………
NAME HERE
                                                        
In the Presence of:
1.         Name:………………………………………..
Address:……………………………………..
Occupation:…………………………………
Signature:…………………………………….

Prepared by:
…………………………………..  
NAME OF SOLICITOR HERE Esq

Labels:

Comments

Post a Comment

most read

Pubic crabs: what you need to know

1 .  The name “crabs” refers to the crab-like appearance of public lice. The louse has a rounded body, six legs, some of which have claws which help it hang onto coarse pubic hair. 2. The most common symptom of crabs is itching in the pubic area. This itching is caused by an allergic reaction to the bites, and usually starts about five days after a person gets crabs. 3. Much like head lice, crabs cannot jump; they crawl from one host to another. 4. Pubic lice found on children’s eyelashes may be a sign of sexual exposure or abuse. 5. When you have pubic lice, it’s advisable to get tested for other STI’s. A check-up is usually recommended as a precaution.  6. The “ITCH” usually start at night because pubic lice tend to burrow when their host isn’t moving around too much. 7. Excessive scratching has been found to cause secondary bacterial infections. 8. The only other animal known to be affected by this wingless terror is th...
Post a Comment
Read more

Okro Soup also know as Ogbono soup.

Ogbono Soup also known as Draw Soup makes eating Fufu Recipes so easy because of its slimy nature which helps the lumps of fufu slide down. Preparation method assorted meats (oxtail, tripe Pomo &bush meat) ground Ogbono seed ground crayfish-  ground pepper iru- 1 medium onion palm oil 3pt stock or water Salt Method: a)Wash the assorted meats thoroughly and place in a pot. b) Add the sliced onions, galic, ground chilies and some stock or water. Cooked for 30 minutes c)Add the washed smoked fish and stockfish, cooked a further 10-15 minutes adding a drop of water or stock as needed to stop it from burning. d) In another pot, heat the oil and fry the ground seeds for 3 minutes to bring out the nutty flavour. e) Gradually add the stock and whisk until it draw and bubbles. f) Add the cooked meats peppers and crayfish. g) Dissolve the locust bean in a little stock and add to the soup. Allow to simmer for another 10 minutes, check seasoning and serve hot with pounded ya...
Post a Comment
Read more

Fani kayode in support of corruption.

Fani – Kayode’s statement =“I have just spoken to Colonel Kayode Are, the former D-G of SSS during President Olusegun Obasanjo’s administration and the former Acting National Security Adviser to President Goodluck Jonathan and I am deeply concerned. He told me that his house is under siege and that gunshots are being fired at him and his family as we were speaking. “I am not sure what the issue is about but a situation where security men go to the home of a respected patriot like that and start shooting at him and his family for whatever reason is unacceptable and extremely dangerous. When you consider what is happening in Are’s home and marry with the shameful manner in which Colonel Sambo Dasuki, Chief Raymond Dokpesi, Governor Attahiru Bafawara, Alhaji Bashir Yuguda, Nnamdi Kanu, Godswill Orubebe, Bukola Saraki, Sule Lamido and others are being persecuted, threatened and demonised by the Federal Government it is clear that we are now in a police s...
Post a Comment
Read more

China Ice Festival

The event is recognized as the largest of its kind in the world. The Festival officially lasts for one month, but with winter temperatures in the city averaging a bone-chilling minus 17C, many of the sculptures remain in place for considerably longer than that. The sculptures are formed either from compacted snow, or from blocks of ice which are hauled out of the nearby Songhua River. Purified water is also used, - frozen into blocks of clear ice. Many of the sculptures are illuminated to add another dimension to the displays during the long hours of darkness at this time of the year. The Festival began in 1963 but it was only held sporadically, because of the upheaval during the Cultural Revolution. It became a regular event in 1985. In 2001 the Harbin Ice Festival was merged with the Heilongjiang International Ski Festival, to become the event we know today. In 2007, a sculpture celebrating the work of a revered Canadian doctor, Norman Bethune, was recognised ...
Post a Comment
Read more