Common use of Possession/Title Clause in Contracts

Possession/Title. Customers right to possession of the Rental Equipment begins upon the items being picked-up/delivered to Customer’s premises and terminates on the actual drop-off/pick up by L & R Rentals, LLC. Retention of possession, or any failure to permit the drop-off/pick-up of the item(s) at or after the end of the “Rental Period” specified constitutes a material breach of this Agreement. In the event that the Equipment is not returned for any reason, including theft, the Customer is obligated to pay and all incidental costs associated with the attempted pick up or recovery of the Equipment by L & R Rentals, LLC. Title to the rental items is and shall remain in L & R Rentals, LLC. Customer agrees to keep the Rental Equipment in his/her/their custody and control from the time of L & R Rentals, LLC delivery of the items or customer pick-up, until L & R Rentals, LLC picks up such items or customer drops-off. Customer shall not cause nor permit these items, or any of them, to be sublet, rented, sold, or removed from the Delivery Address, or otherwise transfer such items, If rental items are not returned and/or levied upon for any reason whatsoever, L & R Rentals, LLC may retake possession of said items without further notice or legal process and use whatever force is reasonably necessary to do so. Customer hereby agrees to indemnify, defend, and hold L & R Rentals, LLC harmless from any and all claims and costs arising from such retaking and/or levy. If rental items are levied upon, or otherwise moved from Delivery Address, Customer shall notify L & R Rentals, LLC immediately.

Appears in 1 contract

Samples: Rental Agreement

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Possession/Title. Customers right to possession of the Rental Equipment begins upon the items being picked-up/delivered to Customer’s 's premises and terminates on the actual drop-off/pick up by L & R RentalsJump Around, LLC. Retention of possession, possession or any failure to permit the drop-off/pick-pick up of the item(s) at or after the end of the "Rental Period" specified constitutes a material breach of this Agreement. In the event that the Equipment is not returned for any reason, including theft, the Customer is obligated to pay to Jump Around, LLC the full replacement value for such Equipment listed on the invoice page of this Agreement, plus any and all incidental costs associated with the attempted pick up or recovery of the Equipment by L & R RentalsJump Around, LLC. Title to the rental items is and shall remain in L & R RentalsJump Around, LLC. Customer agrees to keep the Rental Equipment in his/her/their custody and control from the time of L & R RentalsJump Around, LLC delivery of the items or customer pick-upitems, until L & R Rentals, Jump Around LLC picks up such items or customer drops-offitems. Customer shall not cause nor permit these items, or any of them, to be sublet, rented, sold, or removed from the Delivery Address, or otherwise transfer such items, . If rental items are not returned and/or levied upon for any reason whatsoever, L & R RentalsJump Around, LLC may retake possession of said items without further notice or legal process and use whatever force is reasonably necessary to do so. Customer hereby agrees to indemnify, defend, and hold L & R Rentals, Jump Around LLC harmless from any and all claims and costs arising from such retaking and/or levy. If rental items are levied upon, or otherwise moved from Delivery Address, Customer shall notify L & R RentalsJump Around, LLC immediately.

Appears in 1 contract

Samples: Terms and Conditions

Possession/Title. Customers right to possession of the Rental Equipment begins upon the items being picked-up/delivered to Customer’s 's premises and terminates on the actual drop-off/pick up by L & R Rentals, LLCLessor. Retention of possession, possession or any failure to permit the drop-off/pick-pick up of the item(s) item at or after the end of the "Rental Period" specified constitutes a material breach of this Agreement. In the event that the Equipment is not returned for any reason, including theft, the Customer is obligated to pay to Lessor the full replacement value for such Equipment as listed on the front side of this Agreement, plus any and all incidental costs associated with the attempted pick up or recovery of the Equipment by L & R Rentals, LLCLessor. Title to the rental items is and shall remain in L & R Rentals, LLCLessor. Customer agrees to keep the Rental Equipment in his/her/their custody and control from the time of L & R Rentals, LLC Lessor's delivery of the items or customer pick-upitems, until L & R Rentals, LLC Lessor picks up such items or customer drops-offitems. Customer shall not cause nor permit these items, or any of them, to be sublet, rented, sold, or removed from the Delivery Address, or otherwise transfer such items, . If rental items are not returned and/or levied upon for any reason whatsoever, L & R Rentals, LLC Lessor may retake possession of said items without further notice or legal process and use whatever force is reasonably necessary to do so. Customer hereby agrees to indemnify, defend, and hold L & R Rentals, LLC Lessor harmless from any and all claims and costs arising from such retaking and/or levy. If rental items are levied upon, or otherwise moved from Delivery Address, Customer shall notify L & R Rentals, LLC Lessor immediately.

Appears in 1 contract

Samples: Equipment Rental Agreement

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Possession/Title. Customers right to possession of the Rental Equipment begins upon the items being picked-updeliv- ered to he Customer's premises/delivered to Customer’s premises picked up by the Customer and terminates on the actual drop-off/pick up by L & R Rentals, LLCLessor/ return to Lessor by Customer. Retention of possession, or any failure to permit the drop-off/pick-pick up of the item(s) at or after the end of the "Rental Period" specified constitutes a material breach of this Agreement. In the event that the Equipment is not returned for any reason, including theft, the Customer is obligated to pay to Lessor the full replacement value for such Equipment, plus any and all incidental costs associated with the attempted me attempt- ed pick up or recovery of the Equipment by L & R Rentals, LLCLessor. Title to the rental items Items is and shall remain in L & R Rentals, LLCLessor. Customer agrees to keep the Rental Equipment in his/her/their custody and control from the time of L & R Rentals, LLC Xxxxxx's delivery of the items or customer pick-upitems, until L & R Rentals, LLC Xxxxxx picks up such items or customer drops-offitems. Customer shall not cause nor permit these items, or any of them, to be sublet, rented, sold, or removed from the Delivery Address, or otherwise transfer such items, . If rental items are not returned and/or levied upon for any reason whatsoever, L & R Rentals, LLC Xxxxxx may retake possession pos- session of said items without further notice notices or legal process and use whatever force is reasonably necessary to do so. Customer hereby agrees agree to indemnifyindemnity, defend, and hold L & R Rentals, LLC Lessor harmless from any and all claims and costs arising from form such retaking and/or levy. If rental items are levied upon, or otherwise moved from Delivery Address, Customer shall notify L & R Rentals, LLC Lessor immediately.

Appears in 1 contract

Samples: Rental Agreement and General Release

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