Rental Fee and Terms of Payment Musterklauseln

Rental Fee and Terms of Payment a. The rental fee will be evident from the order confirmation. The rent- al period authorized by the lessee will be charged by the lessor on the first rental day in total and in advance. If the rental period authorized by the lessee exceeds four weeks or one month, as the case may be, the rental fee for the segments of up to four weeks or one month will be charged in total and in advance on the first rental day. b. Extension of the authorized rental period is always possible, noti- fication of the lessor by the lessee/user is not necessary. There will be retroactive and daily pro rata billing for rental time exceeding the originally authorized rental periods. Invoices will be issued in intervals of one week, four weeks or one month. c. The lessee agrees that the lessor may collect credit reports about him. d. If not otherwise agreed, rental fees, extra charges, configuration fees and sales tax must be paid strictly net within ten days after date of invoice. The day of receipt of payment is applicable. e. In case of delayed payment by the lessee the lessor is entitled to demand immediate return of the equipment or alternatively to collect it at the lessee’s expenses. The lessor reserves the right to charge interest for delay amounting to 5 % above the prime rate. Additionally, the lessor is entitled to authorize a collecting agency with the enforced collection of payment. f. The lessee is only entitled to offsetting or retention insofar as coun- terclaims are undisputed, finally adjudicated or ready for decision. g. If the lessee – no matter for what reason – cancels the rental con- tract, the lessor reserves the right to charge a cancellation fee. Cancel- lation within two weeks before the beginning of rental will amount to 50 % of the rental fee agreed on. h. For orders with a total value of less than euro 50.00, a handling fee amounting to euro 20.00 may be charged.