Common Contracts
1 similar Equipment Rental/Lease Agreement contracts
EQUIPMENT RENTAL/LEASE AGREEMENTEquipment Rental/Lease Agreement • June 16th, 2014
The parties to this agreement are Performance Filmworks Inc. (“Lessor”) and Columbia Pictures Industries, Inc. (“Lessee”). Lessor owns and/or possesses and controls certain valuable mobile vehicle and camera combinations (“the Equipment”)which it makes available for hire to film production companies for use in filming of commercials and features requiring mobile cameras. Lessor claims, and Lessee agrees, that the Equipment is specialized, valuable, and in high demand. In addition to the lease rate of $4,050 per day + Fuel + Accessories, which Lessee hereby agrees to pay to Lessor, Lessee agrees, as further consideration, to provide insurance on the Equipment and to indemnify Lessor in connection with the use of the Equipment as follows:
