Equipment Lease Agreement
This Equipment Lease Agreement (the
“Agreement” or "Lease") is made and effective by clicking
on the "place order" button, by and between A&M DANIEL llc./GlassAndGear.com ("Lessor") and current user ("Lessee").
Lessor desires to lease to Lessee,
and Lessee desires to lease from Lessor, certain tangible personal property.
NOW, THEREFORE, in consideration of
the mutual covenants and promises hereinafter set forth, the parties
hereto agree as follows:
1. LEASE. Lessor hereby
leases to Lessee, and Lessee hereby leases from Lessor, the following
described equipment (the "Equipment"): as shown in the order
preview.
2. TERM. The term of this
Lease shall commence on the date after the shipper shows first attempted
delivery of Equipment and shall expire on the last day of the rental
period as shown in the order. Equipment must be shipped back on
the last day of the rental period. In the event that the last
day is a Sunday or postal holiday a one day extension is granted the
“Lessee”.
3. SHIPPING. Lessee shall
be responsible for all expenses and costs, payable at time of initial
transaction, for shipping from “Lessor” to “Lessee” as well
as return shipping to the “Lessor”.
4. RENT AND DEPOSIT. The
rent for the Equipment shall be paid in advance in full.
5. LATE CHARGES.
If any Equipment leased under this Agreement is late, Lessee agrees
to pay the current daily rate of said equipment.th
6. USE. Lessee shall only
use the Equipment in a careful and proper manner and will comply with
all laws, rules, ordinances, statutes and orders regarding the use,
maintenance and storage of the Equipment. All permits permit fees, licenses, bonds to be provided by Lessee for setup and use of equipment. The Lessee shall provide Twenty-four hour security for all said equipment.
7. DEFAULTS. If the “Lessee”
fails to meet any of the obligations outlined under this agreement,
A&M DANIEL llc./GlassAndGear.com has full right to take immediate possession of the
Equipment; to make a charge to the renter’s credit card for the replacement
value of the Equipment; to pursue any legal remedies; and to sue to
recover any lost equity or income. In the event of litigation
to recover damages, Lessee is held responsible for any and all court
costs and legal fees incurred by A&M DANIEL llc./GlassAndGear.com
8. SURRENDER OF EQUIPMENT.
Lessee shall be entitled to possession of the Equipment on the first
day of the Lease Term. At the expiration of the Lease Term, Lessee shall
surrender the Equipment to Lessor by delivering the Equipment to Lessor
or Lessor’s agent in good condition and working order, ordinary wear
and tear excepted, as it was at the commencement of the Agreement.
9. MAINTENANCE, DAMAGE AND LOSS.
Lessee will, at Lessee's sole expense, keep and maintain the Equipment
clean and in good working order and repair during the Lease Term. In
the event the Equipment is lost or damaged beyond repair, Lessee shall
pay to Lessor the replacement cost of the Equipment; in addition, the
obligations of this Agreement shall continue in full force and effect
through the Lease Term.
10. ENCUMBRANCES, TAXES AND OTHER LAWS.
Lessee shall keep the Equipment free and clear of any liens or other
encumbrances, and shall not permit any act where Lessor’s title or
rights may be negatively affected. Lessee shall be responsible for complying
with and conforming to all laws and regulations relating to the possession,
use or maintenance of the Equipment. Furthermore, Lessee shall promptly
pay all taxes, fees, licenses and governmental charges, together with
any penalties or interest thereon, relating to the possession, use or
maintenance of the Equipment.
11. LESSORS REPRESENTATIONS. Lessor
represents and warrants that he/she has the right to lease the Equipment
as provided in this Agreement and that Lessee shall be entitled to quietly
hold and possess the Equipment, and Lessor will not interfere with that
right as long as Lessee pays the Rent in a timely manner and performs
all other obligations under this Agreement.
12. OWNERSHIP. The Equipment
is and shall remain the exclusive property of Lessor.
13. SEVERABILITY. If any part
or parts of this Agreement shall be held unenforceable for any reason,
the remainder of this Agreement shall continue in full force and effect.
If any provision of this Agreement is deemed invalid or unenforceable
by any court of competent jurisdiction, and if limiting such provision
would make the provision valid, then such provision shall be deemed
to be construed as so limited.
14. ASSIGNMENT. Lessee shall
not assign this lease or its interest in the Equipment without the prior
written consent of the Lessor.
15. BINDING EFFECT. The covenants
and conditions contained in the Agreement shall apply to and bind the
Parties and the heirs, legal representatives, successors and permitted
assigns of the Parties.
16. GOVERNING LAW. This Agreement
shall be governed by and construed in accordance with the laws of the
State of New Hampshire.
17. NOTICE. Any notice required or
otherwise given pursuant to this Agreement shall be in writing and mailed
certified return receipt requested, postage prepaid, or delivered by
overnight delivery service.
18. ENTIRE AGREEMENT. This Agreement
constitutes the entire agreement between the Parties and supersedes
any prior understanding or representation of any kind preceding the
date of this Agreement. There are no other promises, conditions, understandings
or other agreements, whether oral or written, relating to the subject
matter of this Agreement. This Agreement may be modified in writing
and must be signed by both Lessor and Lessee.
19. CUMULATIVE RIGHTS. Lessor’s
and Lessee’s rights under this Agreement are cumulative, and shall
not be construed as exclusive of each other unless otherwise required
by law.
20. WAIVER. The failure of either
party to enforce any provisions of this Agreement shall not be deemed
a waiver or limitation of that party's right to subsequently enforce
and compel strict compliance with every provision of this Agreement.
The acceptance of rent by Lessor does not waive Lessor’s right to
enforce any provisions of this Agreement.
21. INDEMNIFICATION. Except
for damages, claims or losses due to Lessor’s acts or negligence,
Lessee, to the extent permitted by law, will indemnify and hold Lessor
and Lessor’s property, free and harmless from any liability for losses,
claims, injury to or death of any person, including Lessee, or for damage
to property arising from Lessee using and possessing the Equipment or
from the acts or omissions of any person or persons, including Lessee,
using or possessing the Equipment with Lessee’s express or implied
consent.A&M DANIEL llc./GlassAndGear.com is not responsible for any liabilities, claims, costs or expenses arising out of the use or possession of its equipment. When ever possible we offer and encourage you to inspect and test the equipment at our facility before pick up of equipment. It is understood that the equipment is in good working order and condition.