Breakdown. In event of breakdown of the Equipment, the Company shall deduct the hire charges at negotiated rates or rates worked out on pro-rata basis whichever is higher. In case of minor breakdown, Equipment shall be repaired within 24 Hrs. In the event of failure to repair the Equipment without delay or otherwise, the Company shall hire the Equipment from any other source at the risk, cost and consequences of the Agency.
Appears in 4 contracts
Samples: Subcontract Agreement, Subcontract Agreement, Subcontract Agreement
Breakdown. In event of breakdown of the Equipment, the Company shall deduct the hire charges at negotiated rates or rates worked out on pro-rata basis whichever is higher. In case of minor breakdown, Equipment shall be repaired within 24 Hrs. In the event of failure to repair the Equipment without delay or otherwise, the Company shall hire the Equipment from any other source at the risk, cost and consequences of the Hiring Agency.
Appears in 3 contracts
Samples: Subcontract Agreement, General Conditions of Work Order, Subcontract Agreement
