TERMS:
Renter assumes all risk in the use, placement, and operation of the equipment. Renter shall be responsible for providing all proper safety devices and equipment to safeguard people and property with the use of the equipment herein rented and purchased. The renter expressly agrees to indemnify SLD Lighting and hold harmless from any and all claims or liabilities for use, damage, or injury to persons or property or in any matter.
A. A cash deposit is required on rentals unless credit has been established.
B. Rental fee cannot be applied to purchase.
C. The renter agrees to return the rented property of SLD Lighting on the due date.
D. The renter agrees to pay continued rental fees until a full settlement is made with SLD Lighting. Rental fees may not be deducted from the valued price which is hereby agreed to the current market price.
E. As a courtesy, we will supply a bulb with each unit. If bulbs fail or break, renter agrees to replace it with a working bulb or pay for a replacement.
F. There is a $2.00 charge for each cable not rolled and tied.
G. The renter has the privilege to examine and test equipment at the time of the rental and accepts all items on an "as is" basis. The owner does not guarantee, assume responsibility, or make any representations for the performance of said equipment. The renter acknowledges that they have received the equipment as described.
1. INSURANCE The renter shall, at his own cost and expense, but for the benefit of SLD Lighting (hereinafter described as "SLD"), immediately insure the said equipment for the full value against loss, or damage by fire, theft, water, or act of God, in a qualified, reputable insurance company and shall deliver the said insurance policy to SLD, together with the receipt for premiums thereunder. If SLD, by reason of such insurance against loss by fire, theft, water, or act of God, shall receive any sum or sums of money, such amounts may be retained and applied by it towards the repair or replacement and, in lieu thereof, substitute equipment of like kind and quality and any such equipment whether repaired or substituted, shall be subject to all the terms, provisions and conditions herein. The renter agrees to assume the risk of, and hold SLD harmless for, property damage and personal injuries caused by the equipment and/or arising out of renter's negligence. The renter shall provide, at his cost, insurance coverage which protects SLD from all claims of whatever nature brought by agents and employees of Lessee and by all third parties.
2. ACCIDENT In the event of any accident resulting in property damage or bodily injury arising from the use of the item while it is in the renter's possession, the renter hereby expressly agrees to assume responsibility for himself, his own employees, from, including and cost and attorney fees incurred in connection therewith. The renter agrees to notify SLD immediately in case of any accident and to obtain the names, addresses, phone numbers and other pertinent information from all parties involved and all witnesses.
3. EQUIPMENT If the equipment becomes unsafe or in disrepair as a result of normal use, the renter agrees to discontinue use and return equipment to SLD who will replace the equipment with similar equipment in good working order, if available. SLD is not responsible for any incidental or consequential damages caused by delay or otherwise.
4. ATTORNEY FEES The renter agrees to pay all reasonable attorney's fees and costs incurred by SLD in protecting its rights or property under this agreement, or in suing the renter for a breach of agreement.
5. DEFAULT If the renter shall default on any of the terms, covenants and conditions herein, or in punctually making any of the payments aforesaid, or if any execution of other writ or process shall be issued in any action or proceeding against the renter, whereby the said equipment may be seized or taken or distrained, or if a proceeding in bankruptcy, receivership or insolvency shall be instituted by or against the renter of his property, or if the renter shall enter into any arrangement or composition with his creditors, or in the event that any judgement is obtained against the renter, then and in any such event, SLD shall have the option to retake immediate possession of said equipment and for such purpose, SLD, its agents or employees, may enter upon any premises where said equipment may be, and may remove the same therefrom, with or without force and with or without notice of intention to retake the same, without being liable to any suit of action or other proceeding by the renter.
6. ADDITIONAL ITEM The renter shall, at his own cost and expense, during the term of the rental, keep and maintain, in his own custody, at the aforesaid address, the equipment in good state of condition and repair, reasonable wear and tear excepted, and shall at the termination of the rental replace such of the said equipment as may be lost, stolen or missing or broken or damaged, otherwise than by reasonable wear and tear, by others of a similar nature and of equal value or shall pay to the owner compensation on account of any of the said articles which may be lost, stolen or missing or broken or damaged.
7. The renter further agrees to an insurer of the equipment for the period that the equipment is away from the premises of SLD against any loss whatsoever and to assume full responsibility for all the equipment rented, and also agrees to compensate SLD to the full value should said equipment be lost, stolen or missing or broken or damaged by any cause whatsoever, whether due to renter's fault or not. The renter further agrees to compensate the owner in rent for any time lost of a result of replacement or the necessity for making repairs on said equipment lost, stolen or missing or broken or damaged or otherwise than as a result of the reasonable wear and tear.
8. The renter shall not remove any equipment from the address hereinabove set forth, without first having notified SLD and first obtained from it a consent in writing, for such removal therefrom.
9. The equipment herein shall be delivered and returned by the renter at his own risk. cost and expense. Rental of all equipment taken out must be paid for the period of time until it is returned to SLD. No allowance will be made for the reason that any part of it was not used.
10. It shall be lawful for the owner or its agents at all reasonable times to enter the premises upon which the equipment is kept for the purpose of viewing the state and condition of said equipment.
11. The renter shall not underlease the said equipment or loan the same to any other person, firm or corporation, and the said equipment shall at all times remain under the immediate control, supervision and direction of the renter personally.
12. The renter agrees not to remove or cover the tag or nameplate on the equipment showing ownership in SLD.
13. The renter does hereby grant to SLD an option to terminate this agreement on 24 hours written notice by registered mail or personal service. On the occurance of said event, the renter shall immediately return to SLD at the renter's risk and expense, the equipment, in the same condition as when first rented, and SLD shall thereupon, upon said receipt, refund the unexpired portion of the rental.
14. The acceptance of the return of the rented equipment is not a waiver by SLD of any claims that it may have against the renter, nor a waiver of claims for latent or patent damage to the equipment.
15. This agreement contains the entire understanding between the parties, including representations, and may not be modified except by another agreement in writing, signed by both parties to this agreement.
16. No terms, representation or warranty, expressed or implied, not herein set forth in writing shall bind SLD.
17. The renter agrees not to pledge, mortgage or in any way incumber the property rented herein.
18. In all programs of productions in connection with which the property and materials above set forth shall be used, credit for electrical materials and lighting equipment shall be given to SLD.