Bob Cranston HD Kit * Equipment Rental
Contract
These terms and conditions
form the rental contract (the Rental Contract) between you (Lessee) and Bob
Cranston (Lessor) and apply to all the equipment rented by Lessee.
TERMS AND CONDITIONS
- Equipment means
camera lens housings and support equipment as listed in kit rented to Lessee
under the Rental Contract. Lessee will have opportunity to test and examine
the Equipment to determine that the Equipment is in good working order.
- Lessee agrees to
defend, indemnify and hold Lessor free and harmless from and against any and
all claims, liabilities, losses, costs, and out of pocket expenses
(including attorneys fees) arising out of, or in connection with the
equipment leased, its use or transportation.
- Lessee is considered to
have taken delivery of the equipment from the time Lessee takes delivery of
the equipment leased, until the equipment is returned to Lessor. Lessee
assumes all risks of loss and all risks and losses while in Lessees
possession, in transit, while at all locations, while in storage and while
on Lessees premises.
- Lessee will take all
necessary precautions in regard to the use of the equipment leased to
protect all persons and property from injury or damage. The equipment
leased shall be used only by Lessees employees or agents qualified to use
such equipment.
- Lessee warrants that it
will not sublease any of this equipment.
- Lessee shall, at its
own expense, maintain at all times during the lease all risk perils
insurance covering the equipment leased for full replacement cost. Coverage
shall begin from the time Lessee or its agents take delivery of the
equipment and continue until the time the equipment is returned to and
accepted by Lessor. Such insurance shall be on a worldwide basis, name
Lessor as the loss payee for loss or damage to the equipment leased and
cover all risks of loss of, or damage to the equipment.
- Before obtaining
possession of the equipment, Lessee shall provide to Lessor a certificate of
insurance and applicable endorsements confirming each of the coverages
specified above. All certificates shall be signed by authorized agent or
representative of the insurance carrier.
- Lessee hereby agrees to
strictly comply with the laws of the State in which the equipment is
transported and/or used as well as all federal and local laws, regulations
and ordinances pertaining to the transportation and use of such equipment.
Lessee warrants and represents that Lessee is fully aware of any and all
dangers and risks, patent as well as latent, involved in the use,
transportation, and handling of the equipment leased.
- Lessee shall be
responsible to Lessor for he full replacement costs, without depreciation,
or repair costs of all equipment leased which is lost, stolen, or damaged.
In the event the equipment leased is lost or stolen, lessee shall file a
police report, and make all reasonable efforts to ensure prompt response of
pertaining insurance companies. Accrued rental charges shall not be applied
against the purchase price or cost of repairs of the lost, stolen or damaged
equipment.
- Lessee hereby agrees
that Lessor shall be subrogated to any recovery rights lessee may have for
damage to the equipment leased in the form of insurance protection for such
damage.
- The price of rental of
the equipment shall be set forth in the rental order.
- There may be minimum
charges or minimum rental periods. Lessor is entitled to compensation, not
to exceed the amount due for the proposed rental period, in the event of
cancellation of all or part of an order unless Lessor agrees otherwise.
- Lessee must return the
equipment on the date specified in the rental order or be subject to
additional charges. A full additional days rental will be charged for each
day equipment is not returned after the date specified for the return of the
equipment.
- This agreement shall be
governed by the laws of the State of California. Lessee agrees to
jurisdiction over any dispute in the courts of the State of California and
to venue in San Diego County California. Lessee is authorized to enter in
to this agreement. If for any reason Lessee does not have insurance
coverage adequate to cover any damages to the equipment and lost profits to
Lessor, Lessee agrees to be liable for such damages.
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SIGNATURE OF AUTHORIZED
REPRESENTATIVE OF LESSEE
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PRINT NAME
TITLE DATE
COMPANY NAME
ADDRESS
TELEPHONE