Fillable Printable Equipment Rental and Lease Sample Form

Equipment Rental and Lease Sample Form

to the amount RENTER shall pay under this paragraph for repair or replacement.

3. The RENTER shall not remove the equipm ent from the address of the RENTER or the location

shown herein as the place of use of the equipmen t without prior written approval of the OWNER.

The RENTER shall inform the OWNER upon dem and of the exact location of the equipm ent

while it is in the RENTERS’s possession.

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4. The equipment shall be delivered to RENTER and returned to OWNER at the RENTER’s risk,

cost and expense. If a periodic rental rate is ch arged by OWNER, rental charges are billed to the

RENTER for each period or portions of the period form the tim e the equipment is delivered to

RENTER until its return. If a term rental rate is charged by OWNER, rental charges are billed to

the RENTER for the full term even if the equipm ent is returned before the end of the term . If the

equipment is not returned during or at the end of the term, then the rental charges shall continue

on a full term basis for any additional term or portion thereof until the equipm ent is returned.

5. No allowance will be made for any rented equi pm ent or portion thereof which is claim ed not to

have been used. Acceptance of returned equi pm ent by OWNER does not constitute a waiver of

any of the rights OWNER has under the rental agreement.

6. The RENTER shall allow OWNER to enter RENTER’s premises where the rented equipm ent is

stored or used at all reasonable times to locate and inspect the state and condition of the rented

equipment. If the RENTER is in default of any of the term s and conditions of this agreement, the

OWNER, and his agents, at the RENTER’s risk, cost and expense may at any time enter the

RENTER’s premises where the rented equipm ent is stored or used at all time and recover the

rented equipment.

7. The RENTER shall not pledge or encumber th e rented equipm ent in any way . The OWNER may

terminate this agreem ent imm ediately upon the failure of RENTER to make rental payments

when due, or upon RENTER’s filling for protecti on from creditors in any court of competent

jurisdiction.

8. The OWNER makes no warranty of any kind regarding the rented equipment, except that

OWNER shall replace the equipment with identical or similar equipm ent if the equipm ent fails to

operate in accordance with the manufacturer’s sp ecifications and operation instructions. Such

replacement shall be m ade as soon as practicab le after RENTER returns the non-conform ing

9. RENTER indemnifies and holds OWNER harm less for all injuries or damage of any kind for

repossession and for all consequential and special dam ages for any claimed breach of warranty.

10. The RENTER shall pay all reasonable attorney and other fees, the expenses and costs incurred by

OWNER in protection its rights under this rental agreement and for any action taken OWNER to

collect any amounts due the OWNER under this rental agreement.

11. These terms are accepted by the RENTER upon delivery of the terms to the RENTER or the

agent or other representative of RENTER.