Common use of Rental Period Clause in Contracts

Rental Period. The Rental period shall cover all time consumed in transporting the equipment, including the date of delivery and the date of return. This Rental shall begin on the above date and shall terminate on return in fully working condition to the Lessor. If the equipment has to be repaired to return it to a fully working state the equipment will continue to be rented until it is repaired. The Rental period will end only when the equipment has been returned to a fully working state.

Appears in 7 contracts

Samples: Mobile Archery Range Hire Agreement, Equipment Lease Agreement, Equipment Lease Agreement

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Rental Period. The Rental period shall cover all time consumed in transporting the equipment, including the date of delivery and the date of return. This Rental shall begin on the above date and shall terminate on return in fully working condition to the Lessor. If the equipment has to be repaired to return it to a fully working state state, the equipment will continue to be rented until it is repaired. The Rental period will end only when the equipment has been returned to a fully working state.

Appears in 1 contract

Samples: Equipment Lease and Rental Agreement

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