Rental of Equipment. Maxim hereby leases to Lessee, and Lessee hereby leases and hires from Maxim, on a bare rental basis only, the machinery, equipment, accessories and other items described in the Equipment Order Form(s) (in the form attached hereto as Exhibit “A”) received from Lessee by Maxim from time to time after the date hereof (collectively, the "Equipment"). No Equipment Order Form shall be valid and applicable hereunder unless it is accepted and executed by Maxim. LESSEE ACKNOWLEDGES THAT THE EQUIPMENT IS RENTED TO LESSEE ON A BARE RENTAL BASIS ONLY, in its "As Is" condition. Lessee, at its own expense, shall transport, operate, inspect, maintain and repair the Equipment (unless the parties hereto agree in writing otherwise), and return the Equipment to Lessor in the same condition as when delivered to Lessee, ordinary wear and tear from normal use excepted. LESSEE IS RESPONSIBLE FOR ENSURING COMPLIANCE BY IT AND ITS EMPLOYEES/AGENTS, AND OF THE EQUIPMENT ITSELF, WITH ALL APPLICABLE LAWS, REGULATIONS AND ORDINANCES, INCLUDING THE OCCUPATIONAL SAFETY AND HEALTH ACT AND REGULATIONS (INCLUDING BUT NOT LIMITED TO 29 C.F.R. 1926, SUBPART CC – CRANES AND DERRICKS IN CONSTRUCTION AND CFR 1910.18 – CRAWLER, LOCAMOTIVE AND TRUCK CRANES AND ALL APPLICABLE ANSI STANDARDS. Lessor shall have no responsibility of any kind for compliance with any such laws, regulations or ordinances during the period the Equipment is in Lessee's possession or control. Lessee acknowledges that it has read and understands this Lease in its entirety, including the Terms and Conditions on the following pages. This Lease is executed by a duly authorized representative of Lessor and Lessee.
Rental of Equipment. Payment for rental equipment and associated services shall be paid 30 days in advance, based on a genuine pre-estimate of contract value to be agreed between the parties.
Rental of Equipment. 19.1 Equipment is rented for full days for the rental period specified in the Contract. The rental period may be renewed only with the prior written consent of UNITED.
19.2 Unless the Contract provides otherwise, the Customer shall take receipt of the rental equipment at the business premises (dispatch) of UNITED in Hilversum during office hours (from 9 am to 5.30 pm) on the starting date of the rental period. If no starting date of is laid down in the Contract, the rental period starts on the date on which UNITED makes the equipment available to the Customer. If the Customer fails to take receipt of the rented equipment on the starting date, the Customer shall nonetheless be bound by the Contract and be liable to pay the agreed rent.
19.3 The Customer or its authorized representative must present a copy of his or her passport and/or driving licence to UNITED before receiving the rental equipment.
19.4 UNITED shall ensure that the equipment is properly packed. The Customer shall be responsible for transporting the equipment as-packed in a suitable vehicle.
19.5 Unless the Contract provides otherwise, no later than on the expiry date of the rental period set out in the Contract, the equipment rented must be returned in its original condition and packaging at the dispatch of UNITED during office hours (from 9 am to 5.30 pm). The Customer shall also return all non-durable materials, including the spare parts issued by UNITED, as well as any (broken) parts replaced with the spare parts, failing which the Customer shall be liable to pay UNITED the new value of those items.
19.6 If the rental equipment is not returned to UNITED on the expiry date of the rental period, the Customer shall be in default by operation of law without prior notice being required. For each day that the Customer is late in returning the equipment, it shall be liable to pay the agreed rent, without prejudice to the right of UNITED to claim additional damages.
19.7 UNITED shall inspect the equipment when returned in order to check whether it is complete and without visible damage. A functional inspection may be c arried out at a later point in time.
19.8 If the Customer breaches any of its obligations under the Contract, the Customer shall compensate UNITED on the basis of the new value for any and all damage caused by the rented equipment being lost, damaged or stolen.
Rental of Equipment. If you rent the equipment from Digitel pursuant to a Rental Agreement, You will bear all risk of loss of, theft of, casualty to or damage to the Device(s), from the time it is shipped to you until the time (if any) when it is returned to DIGITEL in accordance with this Agreement. If Digitel chooses to rent or lease Devices to you, you must meet our credit requirements and execute a Rental Agreement before Digitel provides the Devices. Upon any termination of Service or the Rental Agreement, You will return at your expense the Devices to Digitel in good working repair. Any failure to comply with the Rental Agreement may require you to return the Devices; you will remain responsible for payment of all amounts owed under this Agreement, even if you do not have Devices to use the Services.
Rental of Equipment. Notwithstanding the foregoing, if FirstWorld desires to remove the Equipment from the Buildings at the expiration of the Term or any earlier termination of this Agreement, and Irvine does not elect to purchase the Equipment in accordance with the provisions of Section 10.2, above, then Irvine shall have the right (but not the obligation) upon reasonable notice to FirstWorld to rent the Equipment from FirstWorld for the fair market rental value thereof for a period commencing upon, and not to exceed ninety (90) days after, the expiration of the Term or such earlier termination of this Agreement, in which case, the obligation of FirstWorld to remove the Equipment from the Buildings within ninety (90) days after the expiration of the Term shall be extended for a period of time equal to the period of time for which Irvine rents the Equipment from FirstWorld pursuant to this Section 10.3. If the Parties are not able to agree upon the fair market rental value of the Equipment for such period, the same shall be determined by arbitration in accordance with Article 20, below.
Rental of Equipment. (a) Capital agrees to rent to Reseller and Reseller agrees to rent from Capital, in accordance with the terms and conditions of this DAAS Agreement and applicable Statement of Work(s), all Equipment in the Statement of Work(s) which is (are) or may from time to time be executed pursuant to this DAAS Agreement. Each Statement of Work shall incorporate by reference all terms and conditions of this DAAS Agreement except as provided herein together with such other terms or amendments, which may be specified in such Statement of Work. A Statement of Work shall not become effective until it is executed by both Reseller and Capital. The Statement of Work(s) shall take precedence over this DAAS Agreement in the event of conflicts, and in the event of multiple Statement of Works, the most recent Statement of Work shall take precedence.
(b) The parties intend and agree that: (i) the Equipment shall remain personal property, and Capital’s title thereto shall not be impaired, notwithstanding its being affixed to any real property; (ii) this DAAS Agreement and the Statement of Work(s) constitute a true lease, which is a “finance lease,” as such term is defined in the Uniform Commercial Code (“UCC”) under Article 2A and not a sale or retention of security interest; (c) title to the Equipment shall at all times remain in Capital, and Reseller shall acquire no interest therein other than a leasehold interest.
Rental of Equipment. (a) In connection with the Rental Facility, Silver Chef has agreed to hire out the Equipment to the Hirer for the Term, at the Rent and subject to the terms and conditions of this Contract.
(b) The Rental commences on the Rental Commencement Date subject to clause 12.
(c) The Rental may only be terminated in accordance with clauses 26, 27, 28 and 31.
Rental of Equipment. (a) Provider hereby agrees to provide, and Renter agrees to rent, the following (the "Equipment"): (b) The transaction between Provider and Renter will hereinafter be described as the "Rental".
Rental of Equipment. (a) Provider xxxxxx agrees to provide, and Xxxxxx agrees to rent, the following (the "Equipment"): BRX Laser Tag Equipment is the latest innovation in live-action gaming! Included items are BRX Laser Rifle Complete, Wireless head-sensors, Rechargeable Li-Ion battery, and red-dot sight.
(b) The transaction between Provider and Renter will hereinafter be described as the "Rental".
Rental of Equipment. 1. Crane for the installation and delivery of the shipping container = $7,500.00
