Rights and obligations of the Client. 5.1. The Client has the right to: 5.1.1. use the Equipment independently according to the Agreement; 5.1.2. file an objection against an invoice issued by the Company within five (5) days from issuing the invoice; 5.1.3. cancel the Agreement prematurely by notifying thereof 10 days in advance. 5.2. The Client is obliged to: 5.2.1. pay the rent and perform other obligations in accordance with the Agreement; 5.2.2. use the Equipment according to its intended purpose; 5.2.3. if the rented Equipment breaks down, notify the Company thereof immediately, i.e. on the day of discovering the breakdown. The Client has no right to repair the Equipment. If the breakdown indicated by the Client proves to be baseless (e.g. it arises from the Client’s lack of skills to use the Equipment), the Client is obliged to indemnify damages related to the above; 5.2.4. indemnify damages caused to the Equipment in the Client’s possession upon first request from the Company; 5.2.5. upon expiry of the Agreement, return the Equipment to the Company in a condition that is not worse than the condition it was in at the time of its transfer to the Client, taking into account normal wear and tear; use the Equipment prudently, incurring the necessary costs at the Client’s own expense in order to preserve the condition of the Equipment; 5.2.6. in the event the Equipment is lost, becomes unusable, is destroyed etc., pay the Company a compensation in the amount that corresponds to the retail price of similar new Equipment, unless the Equipment can be restored. Upon restoration pay the cost of the repairs. 5.2.7. return the rented Equipment in a cleaned condition or compensate the cleaning expenses; 5.2.8. not to give the Equipment to sub-lease or to third persons without the written consent of the Company; 5.3. inform the Company in writing of the change of the Jobsite where the Equipment is used within five (5) working days; 5.4. apply all measures within the Client’s power to preserve the Equipment (i.e. prevent theft, loss, destruction etc. of the Equipment) and handle the Equipment prudently; 5.4.1. observe the regular maintenance schedule and ensure access for maintenance as well as inform the Company of the need for maintenance; 5.5. Taking the rental Equipment out of the territory of the Republic of Estonia is prohibited without the consent of the Company. Contractual penalty is 50% of the price of the Equipment. If Articles 5.2.8.; 5.3. are breached, the contractual penalty is 15% of the price of the Equipment.
Appears in 3 contracts
Samples: Equipment Rental Agreement, Equipment Rental Agreement, Equipment Rental Agreement