Tankx E-Scooter Lease & Financing Agreement

Agreement Date: ________________________
Lessee Full Name: _________________________________________
Phone: ______________________
Email: ______________________
Address: ______________________________________________________
City: ____________________ Province: ______ Postal Code: ___________
Date of Birth: ___________________
Emergency Contact (Name & Number): ___________________________

Photo ID Upload (Required for Approval)

Please upload a clear photo of one of the accepted Canadian IDs listed below:

✔ Canadian Driver’s License
✔ Canadian Passport
✔ Canadian Permanent Resident Card
✔ Ontario Photo Card
✔ Government Employee ID
✔ NEXUS/CANPASS
✔ Firearm License
✔ Canadian Forces or Police ID
✔ Native Status Card
✔ Other recognized Canadian government-issued ID

Note: Health cards from ON, MB, or PEI are not accepted.
Optional: You may also upload your SIN card (not required).

Credit Card Authorization (For Monthly Payments)

Name on Card: ____________________________
Card Number: ____ ____ ____ ____
Expiry: MM/YY ______ / ______
CVV: ___

By signing this agreement, you authorize Tankx (Green Circle on statement) to charge your credit card for the agreed monthly payment and any applicable fees (e.g., late fees, damage, loss, or final balance upon contract termination).

Choose Your Financing Plan

🔹 Level 1 – Standard E-Scooter
Product: 48V 500W Motor, 30Ah Battery
Range: 60–80 km
• Down Payment: $499 + tax
• Monthly Payment: $169.99 + tax
• Term: 12 months

🔹 Level 2 – High-Capacity E-Scooter
Product: 1000W Motor, 48V 50Ah Battery
Range: 90–110 km
• Down Payment: $699 + tax
• Monthly Payment: $199 + tax
• Term: 12 months

🔹 Level 3 – Ultra High-Capacity E-Scooter
Product: 72V 80Ah Battery, High-performance Motor (1500W+)
Range: 120–150 km
• Down Payment: $999 + tax
• Monthly Payment: $249.99 + tax
• Term: 12 months

✅ Please check one:
☐ Level 1  ☐ Level 2  ☐ Level 3

These are general specs for a chosen model availability quantity

General Terms of Use & Lease

1 Authorized Use: Only the Lessee named above is permitted to operate the scooter.
Maintenance: lessee covers regular wear-and-tear. The Lessee is responsible for misuse, neglect, or intentional damage. Even damage from regular wear and tear is the responsibility of the rider, and must be paid by the rider to fix the problem. There is no warranty for service.
Late Payments: After 7 days of missed payment, Tankx (Green circle ) may lock the vehicle remotely and initiate repossession.
Termination: Tankx (Green circle) may terminate this agreement for any violation, including unauthorized use or failure to notify change of info.
Early Termination by Tankx: Tankx (Green circle) reserves the right to cancel the lease at any time with or without cause.
Return of Scooter: At the end of the lease or upon termination, Lessee must return the scooter in good condition or pay the remaining balance. IF the Ebike is not returned, the lessee is automatically charged the remaining balance of the e-bikes total value.
Ownership: The scooter remains Tankx (Green circle) property until the full balance is paid.
8 Insurance (Optional): Lessee assumes risk for loss/damage unless insurance is purchased.

Acknowledgement & Signature

I, the undersigned, certify that all information provided is true and accurate. I agree to the terms of the Tankx E-Scooter Lease & Financing Agreement and authorize monthly charges as stated.

Signature: _______________________________
Date: ____________________

What’s Next?

1 Submit your application with ID and payment info.
2 Wait for approval from Tankx.
3 Upon approval, Tankx will contact you with pickup details.

Legal Definitions & Thesaurus for Tankx Lease Agreement

Agreement
• Also known as: Contract, Lease Document, Financing Agreement
• Definition: A legally binding document outlining the terms, conditions, and responsibilities between Tankx (the Lessor) and the customer (the Lessee).

Lessee
• Also known as: Customer, Renter, User, Applicant
• Definition: The individual entering into the agreement with Tankx to lease or finance an e-scooter.

Lessor
• Also known as: Tankx, Company, Provider, Green Circle (as listed on billing statement)
• Definition: The entity leasing or financing the scooter and retaining ownership until full payment is received.

E-Scooter
• Also known as: Vehicle, Product, Unit, Electric Scooter
• Definition: The electric scooter provided under this lease or financing agreement.

Financing Plan
• Also known as: Payment Plan, Tier, Option Level
• Definition: The selected payment schedule, down payment, and monthly cost associated with a specific scooter model.

Down Payment
• Also known as: Initial Payment, Deposit
• Definition: The upfront cost paid by the Lessee to initiate the lease or financing term.

Monthly Payment
• Also known as: Recurring Charge, Lease Installment
• Definition: The agreed amount charged to the Lessee’s credit card each month during the lease term.

Term
• Also known as: Duration, Lease Period, Agreement Length
• Definition: The total length of time the lease is in effect (e.g., 12 months).

Ownership
• Also known as: Title, Legal Possession, Property Rights
• Definition: Legal ownership of the e-scooter remains with Tankx until all payments are completed.

Repossession
• Also known as: Recovery, Retrieval, Asset Recovery
• Definition: Tankx’s right to reclaim the scooter in cases of default, missed payments, or contract violations.

Remote Lock
• Also known as: Digital Immobilization, Remote Disable, Lockout
• Definition: Tankx’s technical ability to disable the scooter remotely if payment is overdue or terms are violated.

Termination
• Also known as: Cancellation, Contract End, Lease Closure
• Definition: The formal end of the lease agreement, either by Tankx or the Lessee under specific terms.

Early Termination
• Also known as: Premature Cancellation, Lease Break
• Definition: Tankx’s right to cancel the lease before the term ends, with or without cause.

Return of Scooter
• Also known as: Product Surrender, Equipment Return, Handover
• Definition: The obligation of the Lessee to return the scooter in good condition at lease end or upon termination.

Remaining Balance
• Also known as: Outstanding Amount, Final Payment Due
• Definition: The amount still owed by the Lessee if the scooter is not returned or contract is not fulfilled.

Damage
• Also known as: Harm, Defect, Physical Deterioration
• Definition: Any issue beyond normal wear and tear that affects the scooter’s performance or condition.

Maintenance
• Also known as: Upkeep, Servicing, Routine Repair
• Definition: The Lessee’s responsibility to care for the scooter, excluding manufacturing defects or warranty coverage.

Insurance
• Also known as: Optional Protection, Risk Coverage
• Definition: Optional coverage that protects the Lessee from liability for loss or damage.

Photo ID
• Also known as: Identification Document, Government-issued ID, Proof of Identity
• Definition: Required personal identification to verify eligibility and identity of the Lessee.

Credit Card Authorization
• Also known as: Payment Consent, Auto Billing Agreement
• Definition: The Lessee’s consent for Tankx to automatically charge their card for recurring and applicable charges.

Acknowledgement
• Also known as: Consent, Confirmation, Signature Approval
• Definition: The Lessee’s signature confirming agreement to all stated terms and conditions.