Tool hire rental agreement

The Hire Agreement is governed by the laws of New South Wales and each party submits to the non-exclusive jurisdiction of the courts of that State in respect of any proceedings arising in connection with the Hire Agreement. Each party waives any objection to the venue of any legal process in these courts on the basis that the process has been brought in an inconvenient forum.

The Hire Agreement comprises the entire agreement between the parties. No additional terms and conditions including any terms contained in any purchase order supplied by You apply to the hire of the Equipment unless the Hire Agreement is varied in accordance with clause To the extent that a variation to this Hire Agreement is not detrimental to You, from time to time, We may vary this Hire Agreement.

If You have reasonable grounds to believe the change will be detrimental to Your rights, You may terminate this Hire Agreement without penalty within 28 days of receiving Our written notice. Any other variation of the Hire Agreement must be agreed in writing by You and Us. However, if You do so You must: a pay amounts that were subject to credit in accordance with the terms on which that credit was provided; and. The following provisions will not apply if the Hire Agreement is a consumer contract or a small business contract:.

If You have reasonable grounds to believe the assignment will be detrimental to Your rights, You may terminate this Hire Agreement without penalty by giving Us 28 days written notice that You wish to terminate the Hire Agreement. This edition of the Terms of Hire replaces and supersedes the Terms of Hire November edition and all previous editions of the Terms of Hire We have issued. If Equipment is not returned on said date, Owner reserves the right to take any action necessary to regain possession of the Equipment.

This Agreement shall terminate on the date specified in Section 1. Owner reserves the right to terminate this Agreement earlier upon notice to Renter. Indemnification and Liability.

The provisions of this Article shall survive the termination of this Agreement with respect to any claims or liability accruing before such termination. Owner shall at all times retain ownership and title to the Equipment.

Renter shall immediately notify Owner in the event Equipment is levied, has a lien attached or is threatened with seizure. Renter shall indemnify and hold Owner harmless against all loss and damages caused by such action. Equipment shall be deemed at all times to be personal property, whether or not it may be attached to any other property. No failure of Owner to exercise or enforce any of its rights under this Agreement shall act as a waiver of subsequent breaches; and the waiver of any breach shall not act as a waiver of subsequent breaches.

In the event any provision of this Agreement is held by a court or other tribunal of competent jurisdiction to be unenforceable, that provision will be enforced to the maximum extent permissible under applicable law, and the other provisions of this Agreement will remain in full force and effect.

If the Lessee is not in default upon the expiration of this lease, the Lessee shall the option to renew this Lease for a similar term on such terms as the Parties agree upon. The occurrence of any of the following shall constitute a default under this Agreement:. The violation of any other provision or requirement that is not corrected within [Number] day s after written notice of the violation is given. This Agreement and any dispute relating to this Agreement shall be governed by and interpreted in accordance within the law and Parties irrevocably agree that the courts within the State of [State] shall have exclusive jurisdiction to settle any dispute which may arise out of, under, or in connection with the Agreement, regardless of individual party location.

Parties irrevocably submit to the exclusive jurisdiction of the federal and state courts located within the State of [State]. Lessee agrees to indemnify and hold Lessor, its subsidiaries, affiliates, and respective officers, agents, partners and employees, harmless from any loss, liability, demand, claim or legal proceedings brought or threatened, including expenses suffered or incurred arising out of Lessee use of the equipment, the functionality of the equipment, or any violation of this Agreement.

In the event, that any portion of this Agreement is held to be unenforceable, the unenforceable portion shall be amended to reflect, to the greatest extent permitted under applicable law, the original intent of the Parties, and the remainder of the provisions shall remain in full force and effect.

With the exception of any payment obligations, neither Party shall be liable for failing to perform its obligations hereunder other than payment obligations were delayed or hindered by war, riots, embargoes, strikes or acts of its vendors or suppliers, accidents, acts of God, or any other event beyond its reasonable control. It is also essential to have the date and time of renting the equipment and when it is going to get them returned.

The Lessee needs to return the equipment on time. Most of the pdf format templates are not customizable. The templates is used by the equipment owner as it helps him save a lot of time wasted creating Equipment rental agreement.

You can also see Blank Rental Agreement Templates.