Common use of Repossession and remedies on default Clause in Contracts

Repossession and remedies on default. 11.1 The owner may retake possession of the equipment if (i) the hire is terminated or becomes liable to be terminated by the owner; (ii) the hirer does not pay amounts owing to the owner as when due. 11.2 In the case of repossession due to a breach of this agreement the hirer grants the owner permission to enter any premises where the equipment listed in the Schedule is situated to disconnect, decommission and/or remove that equipment. 11.3 In addition to the owner’s right to retake possession the owner is entitled in its discretion, following any breach of any provision of this agreement by the hirer, to terminate this agreement and/or xxx for recovery of any damages or charges or loss suffered by the owner, and/or to cancel any insurances effective in respect of the equipment hired.

Repossession and remedies on default. 11.1 10.1 The owner may retake possession of the equipment if: (i) the hire is terminated or becomes liable to be terminated by the owner; (ii) the hirer does not pay amounts owing to the owner as when due. 11.2 10.2 In the case of repossession due to a breach of this agreement the hirer grants the owner permission to enter any premises where the equipment listed in the Schedule is situated to disconnect, decommission and/or remove that equipment. 11.3 10.3 In addition to the owner’s right to retake possession the owner is entitled in its discretion, following any breach of any provision of this agreement by the hirer, to terminate this agreement and/or xxx for recovery of any damages or charges or loss suffered by the owner, and/or to cancel any insurances effective in respect of the equipment hired.

Repossession and remedies on default. 11.1 The owner may retake possession of the equipment if: (i) the hire is terminated or becomes liable to be terminated by the owner; (ii) the hirer does not pay amounts owing to the owner as when due. 11.2 In the case of repossession due to a breach of this agreement the hirer grants the owner permission to enter any premises where the equipment listed in the Schedule is situated to disconnect, decommission and/or remove that equipment. 11.3 In addition to the owner’s right to retake possession the owner is entitled in its discretion, following any breach of any provision of this agreement by the hirer, to terminate this agreement and/or xxx for recovery of any damages or charges or loss suffered by the owner, and/or to cancel any insurances effective in respect of the equipment hired.