Common use of CREDIT ACCOUNT CUSTOMERS Clause in Contracts

CREDIT ACCOUNT CUSTOMERS. 7.1 If the Customer submits a Credit Account Application and Equipt, at its discretion, approves such Credit Account Application: (a) Equipt will approve a credit limit for the Customer and advise the Customer of this limit. The limit must not be exceeded. (b) the limit under 7.1(a) can be reviewed by Equipt from time to time or at the Customer’s request and may in Equipt’s discretion be decreased or increased on review. (c) the Customer will arrange for the rental of further equipment from Equipt by submitting a request to Equipt in writing and, on Equipt’s acceptance of the request, a new rental agreement in respect of the further equipment will form on the terms of these Rental Terms and Conditions. (d) the Customer will not be required to complete a further Credit Account Application for the rental of additional equipment from Equipt unless the credit required for the equipment will exceed the Customer’s approved credit limit. (e) these Rental Terms and Conditions will be binding on the Customer with respect to all Equipment rented from Equipt or agreed to be rented from Equipt in the future. (f) Equipt will invoice the Customer on the last Business Day of each month for Rental Payments accumulated within that month or following return of the Equipment under clause 4.5. (g) the Customer must pay all amounts invoiced under clause 7.1(f) on or before the 20th day of the month following the month in which the invoice is issued, without any set off or deduction, by depositing the invoiced amount into the bank account nominated by Equipt, or by such other method agreed with Equipt.

CREDIT ACCOUNT CUSTOMERS. 7.1 If the Customer submits a Credit Account Application and EquiptEquipmentShare, at its discretion, approves such Credit Account Application: (a) Equipt EquipmentShare will approve a credit limit for the Customer and advise the Customer of this limit. The limit must not be exceeded. (b) the limit under 7.1(a) can be reviewed by Equipt EquipmentShare from time to time or at the Customer’s request and may in EquiptEquipmentShare’s discretion be decreased or increased on review. (c) the Customer will arrange for the rental of further equipment from Equipt EquipmentShare by submitting a request to Equipt EquipmentShare in writing and, on EquiptEquipmentShare’s acceptance of the request, a new rental agreement in respect of the further equipment will form on the terms of these Rental Terms and Conditions. (d) the Customer will not be required to complete a further Credit Account Application for the rental of additional equipment from Equipt EquipmentShare unless the credit required for the equipment will exceed the Customer’s approved credit limit. (e) these Rental Terms and Conditions will be binding on the Customer with respect to all Equipment rented from Equipt EquipmentShare or agreed to be rented from Equipt EquipmentShare in the future. (f) Equipt EquipmentShare will invoice the Customer on the last Business Day of each month for Rental Payments accumulated within that month or following return of the Equipment under clause 4.5. (g) the Customer must pay all amounts invoiced under clause 7.1(f) on or before the 20th day of the month following the month in which the invoice is issued, without any set off or deduction, by depositing the invoiced amount into the bank account nominated by EquiptEquipmentShare, or by such other method agreed with EquiptEquipmentShare.

CREDIT ACCOUNT CUSTOMERS. 7.1 If the The Customer submits may apply for a Credit Account Application and Equipt, at its discretion, with EquipmentShare by completing the online application with 1Centre. 7.2 If EquipmentShare approves such the Customer’s Credit Account Applicationapplication: (a) Equipt EquipmentShare will confirm their approval to the Customer; (b) EquipmentShare will approve a credit limit for the Customer and advise the Customer of this limit. The limit must not be exceeded. (bc) the The limit under 7.1(a(b) can be reviewed by Equipt EquipmentShare from time to time or at the Customer’s request and may in EquiptEquipmentShare’s discretion be decreased or increased on review. (cd) the The Customer will arrange for the rental of further equipment from Equipt EquipmentShare by submitting a request to Equipt EquipmentShare in writing andwriting, on Equipt’s acceptance of the request, a new rental agreement in respect of the further equipment will form on the terms of these Rental Terms and Conditionsthis agreement. (de) the The Customer will not be required to complete a further Credit Account Application application for the rental of additional equipment from Equipt unless the credit required for the equipment will exceed the Customer’s approved credit limit. (ef) these Rental Terms and Conditions The terms of this Agreement will be binding on the Customer with respect to all Equipment equipment rented from Equipt EquipmentShare or agreed to be rented from Equipt EquipmentShare in the future. (fg) Equipt EquipmentShare will invoice the Customer on the last Business Day working day of each month for Rental Payments accumulated within that month or following return of the Equipment under clause 4.54.6. (gh) the The Customer must pay all amounts invoiced under clause 7.1(f(g) on or before the 20th day of the month following the month in which the invoice is issued, without any set off or deduction, by depositing the invoiced amount into the bank account nominated by EquiptEquipmentShare, or by such other method agreed with EquiptEquipmentShare.