Common use of Rental of Equipment Clause in Contracts

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 Xxxxx. 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 Xxxxxx's possession or control. Xxxxxx 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 Xxxxxx and Xxxxxx.

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 XxxxxMaxim. 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 XxxxxxLessee's possession or control. Xxxxxx 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 Xxxxxx Lessor and XxxxxxLessee.

Rental of Equipment. Maxim Xxxxxxx hereby leases to Lessee, and ------------------- Lessee hereby leases and hires from MaximXxxxxxx, on a bare rental basis onlybasis, the machinery, equipment, accessories equipment and other items (the "Core Equipment") described in the attached Exhibit "A." Lessee stipulates that the "Insured Values" designated on the attached Exhibit "A" shall constitute the fair and reasonable market value and replacement value of the Core Equipment. Additionally, Lessee anticipates that from time to time Lessee will lease and hire from Xxxxxxx certain additional machinery, equipment and other items (the "Additional Equipment") on a bare rental basis. Further, Lessee from time to time will lease certain spare and/or replacement parts from Xxxxxxx. The Additional Equipment and the spare and/or replacement parts will be described in Purchase Orders to be issued by Lessee to Xxxxxxx after the effective date hereof, effective for such Additional Equipment and the spare and/or replacement parts as of the date the Lessee's Purchase Orders are accepted and executed in writing by Xxxxxxx. Lessee stipulates that the "Insured Value" designated on any Purchase Order Form(s) accepted and executed in writing by Xxxxxxx shall constitute the fair and reasonable market value and replacement value of the Additional Equipment. (in the A sample of a Purchase Order form is attached hereto as Exhibit “A”"B.") received from Lessee by Maxim from time The Core Equipment, Additional Equipment and the spare and/or replacement parts may be referred to time after herein collectively as "the date hereof (collectively, the "Equipment"). No Equipment Order Form shall be valid and applicable hereunder unless it is accepted and executed by Xxxxx. LESSEE ACKNOWLEDGES THAT THE EQUIPMENT IS RENTED TO LESSEE PROVIDED BY XXXXXXX 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 INCLUDING, WITHOUT LIMITATION, THE OCCUPATIONAL SAFETY AND HEALTH ACT OF 1970 ("OSHA") AND REGULATIONS (INCLUDING BUT NOT LIMITED TO PARTICULARLY 29 C.F.R. PART 1926, SUBPART CC – CRANES AND DERRICKS IN CONSTRUCTION AND CFR 1910.18 – CRAWLER, LOCAMOTIVE AND TRUCK CRANES AND ALL APPLICABLE ANSI STANDARDSN). Lessor Lessee agrees that Xxxxxxx shall have no responsibility of any kind for Lessee's (or the Equipment's) compliance with any such laws, regulations or ordinances during the period periods when the Equipment is in XxxxxxLessee's possession possession. Lessee stipulates and agrees that during the term of this Agreement that Lessee shall neither lease and/or rent any cranes, as defined herein, from any third-party without first providing Xxxxxxx reasonable opportunity to supply or control. Xxxxxx acknowledges that it has read and understands this Lease in its entirety, including provide the Terms and Conditions on the following pages. This Lease is executed by a duly authorized representative of Xxxxxx and Xxxxxxrequested equipment.