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HomeMy WebLinkAboutWaterloo Implement-Rental Agreement-05.07.2007 -, d f2 7 /__ RENTAL AGREEMENT 986727 LESSEE ff DATE/q/ 1BEE/GI SON ENDSJ /J n Name wa�e e— oc, ) o� l A47 f r—'�' '1 d J[O-) RENTAL /�g Li 101 I l�7 9 l 0 / Q. / , TERM Street J �^' BRANCH/REGION ACCOUNT NO. �' - tt o � or RFD g 90 (r0,r-� BI-U,� Mt►12 (1i1 � City,State LESSOR NAME ND ADDRESS , -(-_ ZIP Code \ T off SO �—O 3 (( -T � ��," Telephone o� q p } A i1 " Number •3/ 1 / ( LI qO3 o!J --}.-01.J Jed �J ' P - Contact c.-c 14 ° ,, "' `� t Rental Rate Tax - - Service Charge TOTAL RENTAL RATE rr Hour Weg Month $ 3 000 $ +$ —$ , 3©0p ' - Per l :Es P. 0�Ay iii Minimum RENTAL PERIOD Guaranteed by Lessee Minimum RENTAL AMOUNT:Guaranteed by Lessee- Rentals are payable in advance of use of equipment: Weekly Rental - one week s rent in advance Hourly and Daily Rental-entire amount in advance Monthly Rental- - $ one month rent in advance EQUIPMENT WILL BE USED AT:(County) (City) (State) Q Lessee will not remove the Equipment from this location s 1 Q H-QLA2Y voal t;c-10Q without written permission from Lessor. Document Reference No. Qty. Model Size&Description of Equipment(Give Product Identification/Serial No.) Hour Meter Present Value Reading.. - Q n v Cy Kdtcrr Cc1- -e( waCxwr00Z H 8Ood UU 7 I t9 o,() ,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. 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(Customer LESSOR(Dealer) 19 ...,,7 1 i. t .../r-- --- ✓ r-7 ...-7 BY re►►zon GN4044 0 0 0 RENTAL AGREEMENT 9 8 6 7 2 8 LESSEE DATE Name BEGIN ON '{� f ( /� T O] �t /1 /► RENTAL �} ENDoS{O/q / /� r... sC.ci o �QAjoy‘c„I �1( pkc-\ Q( J L I TERM , 1 �oc/d �[U / Street BRA CH/REGION ACCOUNT NO. s% A or RFD V n \ t 90 ,4 , �- � i o Mt hnea c) isrit6 �,. City,State LESSOR NAME AN#ADDRESSs. _ � � ;,� ZIP Code LUo`- es-re, U�.•!c, J�0 '? 3 V)ox.tertc�u -T1,1)lle�ne,t�" Telephone J )) /�/ 1, G -}. ti Number 03( c 9 f / c O 3 �G. 1 ��-�cJ(� --r-CJ i�A I: t '7U t' Contact Rental Rate; Tax `Li Service Charge TOTAL RENTAL RATE $ 395O . +$ +$ � �' ��n ... ;:' �" .. - .., Hour QBYc Week ,Monpr , $ .9n Per E VISE/VI Minimum RENTAL PERIOD Guaranteed by Lessee --Minimum RENTAL AMOUNT Guaranteed by Lessee Rentals are payable in advance o4 use of equipment wdokI, Rental - one. auck-, rent in advance Hourly and Daily Rental-entire amount in advance Monthly Rental- $ one month's rent in advance EQUIPMENT WILL BE USED AT:(County) (City) (State) ll Lessee will not remove the Equipment from this location B a!�� F7 W Wc�Te<-1UU wa / without written permission from Lessor, Document Reference No. Qty. Mode€ SIz»&Description of Equipment(Give Product Identification Serial No.) Hour Meter Present Value = Reading I S3 1 Vo r &5 ,5 Fro--`- No L.A.(' TC 45 LC Do 60 i 8i3 ( 23, al 1' [S3 8 3/1 l z Plo w.1,i5 Dec,K- tc/1/7)xo 19,, • 1 TOTAL 3 OO :Ck) VALUESEN PRET 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 anc prudent manner,.topay 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$50,000 per occurrence for property damage. Neither Lessor, its assigns, the wholesale distributor,nor the Manufacturer shall be liable for any incidental or consequential damages which may result from any failure or use of the Equipment. Upon expiration of the term of this Rental Agreement or at any time during such term,Lessee may elect to purchase the Equipment for the"Total Present Value"shown above, and may apply to such purchase price %of all rentals theretofore paid. Such election shall be evidenced by execution of a purchase order form supplied by Lessor, together with payment of the remainder of the purchase price in cash or settlement for the Equipment in some other manner agreed to by the parties. THIS RENTAL AGREEMENT IS SUBJECT TO AU. OF THE TERMS AND CONDITION$ SET OUT ON THE REVERSE SIDE HEREOF WHICH ARE HEREBY MADE A PART HEREOF. LESSEE(Customer) LESSOR( er ' 1 nv