Common use of Policy update Clause in Contracts

Policy update. “If Lessee surrenders the Equipment with at least 1 day remaining in the Rental Period, Lessor will issue Lessee an “Early Return Credit” or “Early Return Refund” for the remaining unused time. Early Return Credit is a discount code that may be applied towards future rentals and Early Return Refund will be issued to the credit card on file. Early Return Refunds will be issued minus a 25% processing fee (calculated from the remaining day’s total). No Early Return Credit or Early Return Refund will be issued for return of Equipment with an original Rental Period under 4 days. To receive an “Early Return Credit” or “Early Return Refund”, Lessee must request such credit at the time of early surrender via email at xxxx@xxxxxxxxxxxx.xxx.”

Appears in 3 contracts

Samples: Equipment Lease, Equipment Lease, Equipment Lease

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Policy update. If Lessee surrenders the Equipment with at least 1 day remaining in the Rental Period, Lessor will issue Lessee an "Early Return Credit" or "Early Return Refund" for the remaining unused time. Early Return Credit is a discount code that may be applied towards future rentals and Early Return Refund will be issued to the credit card on file. Early Return Refunds will be issued minus a 25% processing fee (calculated from the remaining day’s 's total). No Early Return Credit or Early Return Refund will be issued for return of Equipment with an original Rental Period under 4 days. To receive an "Early Return Credit" or "Early Return Refund", Lessee Xxxxxx must request such credit at the time of early surrender via email at xxxx@xxxxxxxxxxxx.xxx."

Appears in 1 contract

Samples: Rental Terms

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