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HomeMy WebLinkAboutWaterloo Implement-Rentalk Agreement-04.07.2008 _ 7-08' _ : moo$- P.E.v RENTAL AGREEMENT 6 617 73 LESSEE Name DATE BEGINS ON {� /� j /� RENTAL ENDS ON 0.1 Q (J Qlj1 ovita /41' />0CC q! ZC! TERM , — Street �/1 O �� TW—+ BRANCH/REGION ACCOUNT NOt O Do NOT awriterea in or RFD � E. l..U t h r e JS 9 shaded areas. City,State i — S Z'U For Office use only ZIP Code \ /t '0.�Q I LESSOR NAME A ADDRESS V\J ` r4 (7 NUMBER OF MONTHS r— ou t,�, J o o �1a�'e���,u 5,�, �eY,.en i Telephone Number '3!ql a1 t3 LJ( t/ APPLIED DATE 1 t� l L W oLt r-(Q, t S`6-7 03 Contact R 1.J r ( )-IU PAYMENTS APPLIED v "z �V. Rental Rate Tax Service Charge TOTAL RENTAL RATE ��>� Hour Day Week Month $ +$ +$ _$ Minimum RENTAL PERIOD Guaranteed b Lessee Minimum RENTAL AMOUNTOGuaranteed byLessee Per % �N, y Rent3ls_sre payable in advance of use.of equipment Weekly Rental :Tone, week's rent $ 3 G 56 V in advance Hourly-,and'Daily Rental-entire'&tflount in advance• Monthly Rental- EQUIPMENT WILL BE USED AT:(County) !J one month`&rent in advance " . - ' (City) (State) �. _-i� Lu Lessee will not remove the Equipment from this location wct 1 �(jtr'� TV „j4 without written permission from Lessor. Document Reference No. Qty. Model Size&Description of Equipment(Give Product Identification/Serial No. Hour Meter r C ,t,� ,t,� ) Reading Present Value /S� S- FfC h I / LY,T / to L,rer- 2I 006 00 Z h Ffor i' Dec,j,c `/ 00 v 00 I TOTAL 4114 VALUE PRESENT RENTAL AGREEMENT The above-named Lessor hereby leases to the above-named Lessee the equipment listed herein ("Equipment") for the term and with the rental payments set out above. Rental payments shall be made to Lessor at his address shown above. Lessee will pay the cost of transporting the Equipment from Lessor's place of business and returning it thereto.Such transportation shall take place during the term hereof. I It is contemplated that the Equipment will be operated for not more than hours in any one day; hours in any one week; hours in any one month,and Lessee agrees that he will pay additional rental prorated at the applicable daily,weekly or monthly rate for each hour the Equipment is used in excess of such time. The additional rent for excess hours shall be paid at the time the Equipment is returned or, if the Equipment is leased for more than thirty days, on the first day of the month following such use. If there is an hour meter furnished, Lessee agrees to keep it connected to the Equipment and in good working condition at all times and it is to be used as the conclusive basis of the number of hours of operation. If Lessee fails to return the Equipment promptly at the end of the term,additional rental shall be payable for each day prorated at one and one-half times the normal rental. Lessee shall indemnify Lessor against all loss or damage to the Equipment while it is out of Lessor's possession,and the amount of any such loss or damage shall be based on the value shown above.Damage to the Equipment,other than a total loss,shall not abate or excuse the making of prescribed rental payments. Lessee agrees to use and care for the Equipment in a careful and prudent manner,to pay all operation and maintenance expenses while the Equipment is out of the possession of Lessor,and to make, at his expense,any and all repairs.The Equipment shall be returned to Lessor in as good condition as received, reasonable wear and tear excepted. If, upon its return to Lessor,the Equipment is not in such good condition,Lessor may repair it and Lessee will pay the cost of any such repairs at Lessor's regular shop rates. Lessee assumes all risk and liability for and shall hold Lessor and its assigns harmless from all damages for injuries or death to persons and property arising out of the use, possession or transportation of the Equipment. Lessee,at his own expense will carry public liability insurance with minimum liability limits in the amount of$100,000 per person and $300,000 per occurrence for bodily injury, including death, and in the minimum amount of$50,000 per occurrence for property damage. Neither Lessor, its assigns, the wholesale distributor,nor the Manufacturer shall be liable for any incidental or consequential damages which may result from any failure or use of the Equipment. Upon expiration of the term of this Rental Agreement or at any time during such term,Lessee may elect to purchase the Equipment for the"Total Present Value" shown above, and may apply to such purchase price %of all rentals theretofore paid. Such election shall be evidenced by execution of a purchase order form supplied by Lessor, together with payment of the remainder of the purchase price in cash or settlement for the Equipment in some other manner agreed to by the parties. THIS RENTAL AGREEMENT IS SUBJECT TO ALL OF THE TERMS AND CONDITIONS SET OUT ON THE REVERSE SIDE HEREOF WHICH ARE HEREBY MADE A PART HEREOF. LESSEE((C�Cuus�ste�omer) LESSOR il r) BY' _T? M2r/e V . avvr I 114'..tJf I • RENTAL AGREEMENT 6 617 7 2 I LESSEE ' + "�D �{— DATE /// // BEGINS ON i ENDS ON Name WQ 1 1. �Q� UYIQ,( 1 �Y`1 / L Z.106 TERMAL Street »//VV BRANCH/REGION ACCOUNT NO. Do NOT write in or RFD 7 6 .— ° t q shaded areas. 6 " f i I �1'� /�/ / I t vt h e(.4.((//����'i i'$ 5 2O ) For Office use only. City,State ( LESSOR NAME AOD ADDRESS NUMBER OF MONTHS ZIP Code Gte�-(C)v --�-0 W G ,S C) -7C) i , ]00 f Telephone / I) APPLIED DATE Number '3 L 9 d 9 / / 8-3 Wa.to r4C!vt -v t.. -SsC) 7 03 6 Contact PAYMENTS APPLIED Rental Rate Ov Tax i Service Charge TOTAL RENTAL RATE '^� J� + Oee Hour Day Week Month $ �J c $ +$ _$ 3 000 Per Nj PI Sg. Minimum RENTAL PERIOD Guaranteed by Lessee Minimum RENTAL AMOUNT atanteed by Lessee • Rentals are payable in advance of-use of_equipment: Weekly Rental 1 one'week's rent $ �v� ' ai advance_ •' .Hourly_and Daily Rental-entire amount in"advance Monthly Rental one month's,relit_in advance:;•' • - EQUIPMENT WILL BE sic)AT:(County) (City) (State) ��// LAC � , r-,�- / Lessee will not remove the Equipment from this location �0`C P 1�� L' t without written permission from Lessor. Document Reference No. Hour Meter i Qty. Model Size&Description of Equipment(Give Product Identification/Serial No.) Present Value % Reading Ii f -- J7?�? �rJ`�Gr1 �v �fL'r J.� Z.j©a® pvl, TOTAL , VALUE PRESENT 1 RENTAL AGREEMENT The above-named Lessor hereby leases to the above-named Lessee the equipment listed herein ("Equipment") for the term and with the rental payments set out above. Rental payments shall be made to Lessor at his address shown above. Lessee will pay the cost of transporting the Equipment from Lessor's place of business and returning it thereto.Such transportation shall take place during the term hereof. It is contemplated that the Equipment will be operated for not more than_ hours in any one day; _hours in any one week; hours in any one month,and Lessee agrees that he will pay additional rental prorated at the applicable daily,weekly or monthly rate for each hour the Equipment is used in excess of such time. The additional rent for excess hours shall be paid at the time the Equipment is returned or, if the Equipment is leased for more than thirty days, on the first day of the month following such use. if there is an hour meter furnished, Lessee agrees to keep it connected to the Equipment and in good working condition at all times and it is to be used as the conclusive basis of the number of hours of operation. If Lessee fails to return the Equipment promptly at the end of the term,additional rental shall be payable for each day prorated at one and one-half times the normal rental. Lessee shall indemnify Lessor against all loss or damage to the Equipment while it is out of Lessor's possession, and the amount of any such loss or damage shall be based on the value shown above. Damage to the Equipment,other than a total loss,shall not abate or excuse the making of prescribed rental payments. Lessee agrees to use and care for the Equipment in a careful and prudent manner,to pay all operation and maintenance expenses while the Equipment is out of the possession of Lessor, and to make,at his expense, any and all repairs. The Equipment shall be returned to Lessor in as good condition as received, reasonable wear and tear excepted. If, upon its return to Lessor,the Equipment is not in such good condition,Lessor may repair it and Lessee will pay the cost of any such repairs at Lessor's regular shop rates. Lessee assumes all risk and liability for and shall hold Lessor and its assigns harmless from all damages for injuries or death to persons and property arising out of the use, possession or transportation of the Equipment. Lessee,at his own expense will carry public liability insurance with minimum liability limits in the amount of$100,000 per person and $300,000 per occurrence for bodily injury, including death, and in the minimum amount of$50,000 per occurrence for property damage. Neither Lessor, its assigns, the wholesale distributor,nor the Manufacturer shall be liable for any incidental or consequential damages which may result from any failure or use of the Equipment. Upon expiration of the term of this Rental Agreement or at any time during such term,Lessee may elect to purchase the Equipment for the"Total Present Value" shown above, and may apply to such purchase price _%of all rentals theretofore paid. Such election shall be evidenced by execution of a purchase order form supplied by Lessor, together with payment of the remainder of the purchase price in cosh or settlement for the Equipment in some other manner agreed to by the parties. THIS RENTAL AGREEMENT IS SUBJECT TO ALL OF THE TERMS AND CONDITIONS SET OUT ON THE REVERSE SIDE HEREOF WHICH ARE HEREBY MADE A PART HEREOF. Lcustome r LESSOR / r) _ . BY c\c