Table of Content
Each state sets a maximum “late fee” charge allowed; therefore, it’s recommended to ensure the specific state laws comply with the additional charges. The Home Depot Rental has all your Pro rental needs in one place. Rent large equipment, including aerial lifts , tracked and wheeled skid steers, mini excavators and trenchers, with multiple options and capacities to handle every job type and size. Our fleet of Pro rentals allows businesses to avoid expensive equipment purchases – keeping overhead low and providing the flexibility needed to expand service offerings and promote long-term business growth. To construction rentals, specialty trade solutions and truck rentals, find everything you need to get the job done. Condition.I acknowledge that I have examined the Equipment, seen it in operation and that its condition is acceptable.
However, if such Equipment is unsafe or in disrepair because of my improper use or maintenance, I will bear the expense of such replacement or repair or, at your option, be declared in default. The documentation within this section provides general safety information and operating instructions by equipment type. Specific controls, functionality and operating instructions can vary by brand, model and year. This documentation is secondary to the manufacturer’s instructions provided to you within the operations manual located on each machine. If an operations manual is not available on the machine, please contact our 24/7 Customer Care Center at COMPACT.
Who is involved in an equipment rental agreement?
Use this section to enter specific information regarding the equipment to be leased. It is recommended to always include a detailed description of the equipment and any equipment attachments provided to the customer. EQUIPMENT SUBJECT TO LEASE. The Lessor shall rent the equipment listed herein to the Lessee who must adhere to the terms and conditions within this Agreement.
The parties to an equipment rental agreement are called the lessor (the one who provides the tools, vehicles, etc.) and the lessee . These are the same terms as with any other lease agreement. Damage Protection is an optional service offered by Home Depot Rental to cover repair or replacement charges if the equipment rented from Home Depot Rental is damaged during normal use.
Equipment Rental Agreement
Links to such Third Party Materials are for your convenience and does not constitute an endorsement of such Third Party Materials. FORCE MAJEURE.With the exception of any payment obligations, neither Party shall be liable for failing to perform its obligations hereunder 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. SEVERABILITY.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. % from the date paid to the Lessor until the date refunded, based on the total amount of the security deposit.
The amount of this fee varies by machine and is dependent on the size of the fuel tank. If the customer elects the prepaid fuel option, then customer is not responsible for returning the equipment full of fuel. If customer does not return the equipment full of fuel, customer will be charged the full amount of the prepaid fuel option.
The Home Depot Agrees to Purchase Compact Power Equipment, Inc.
Receive exclusive offers and stay up-to-date on new products and services. Parties other than PandaDoc may provide products, services, recommendations, or views on PandaDoc’s site (“Third Party Materials”). PandaDoc is not responsible for examining or evaluating such Third Party Materials, and does not provide any warranties relating to the Third Party Materials.
I acknowledge that my failure to return rental property or equipment and to pay all amounts due constitutes evidence of my intent to defraud Home Depot Rental and is punishable by the Criminal Code in this State. Unless we otherwise agree at such time, Home Depot Rental may immediately upon such consent charge my credit card account listed herein with the full rental amount for the additional rental term to which we agree. I agree that, upon execution of this Rental Contract, I assume all risks of loss theft, damage or destruction, partial or complete of the Equipment from any and every cause whatsoever. I agree to pay interest on all unpaid sums due at the lower of the rate of eighteen Percent (18%) per annum or the highest rate permitted by applicable law.
( See id.; After March 2005 Rental Agr., General Terms and Conditions, Exh. “8”, ¶ 11). So if you return a rental at closing time, it can make some workers very unhappy. Similarly, whether The Home Depot has disclosed the scope of the waiver of damages to the proposed category will require an individual investigation. The defendant will seek to investigate interactions between a class action lawsuit and a Home Depot employee to defend O`Neill`s claim that The Home Depot systematically fails to inform its customers of the extent of the waiver of damages. As a long-term commercial partner of The Home Depot since 2009, Compact Power Equipment currently provides compact equipment rentals at more than 1,000 stores across the U.S. and Canada. The company also provides equipment maintenance services nationwide to a range of customers, including The Home Depot.
Looking to take on a DIY landscaping project or home renovation? The Home Depot Rental is your one stop for DIY project rentals and resources. Power equipment rentals for both indoor and outdoor use are available at your local rental center.
Rent - Security, Additional Terms - Risk of Loss, Interest. I agree that the rental term is as shown herein, unless terminated or extended as provided herein. I agree to pay Home Depot Rental as rent for the Equipment the sums due for the rental term and that rent for the rental term is due and payable upon execution of this Rental Contract. I agree that no credit shall be due or payable for Equipment returned early. I agree that the security deposit will be credited against rental payments and other charges accruing hereunder only if I fully and faithfully perform all of the terms and conditions of this Rental Contract.
If I breach any such terms and conditions, the security deposit shall be retained by Home Depot Rental as additional consideration and I shall be required to pay, in addition, all of the rentals and other charges to be paid by me. I agree not to retain the Equipment beyond the "Due In" time without prior notice to Home Depot Rental and Home Depot Rental's prior consent. I agree that my actual usage of equipment shall not exceed eight hours per 24-hour rental period , and I agree to pay on a prorated basis for usage in excess of this amount. Home Depot Rental offers customer a prepaid fuel option for all equipment that runs on gasoline or diesel fuel.
Lessee shall make no alterations to the equipment without prior written consent of the Lessor. All alterations shall be property of the Lessor and subject to the term within. Lessor shall have the right to inspect the equipment during Lessee’s normal business hours upon request. During the term of this Equipment Rental Agreement, the Lessee shall pay all applicable taxes, assessments, and license and registration fees on the equipment. Each state sets their own laws on what is to be considered the minimum allowed “interest fee”. Ensure the interest fee charged is compliant with state laws.
I agree to surrender the Equipment to Home Depot Rental upon termination hereof, in as good order and condition as when received, except for reasonable wear and tear resulting from proper use, and if returned unclean, I may be charged a reasonable cleaning fee. I agree to keep and maintain the Equipment in good condition, use it in a careful and proper manner and comply with all applicable laws and regulations. An equipment rental contract is a form of lease agreement where one party lends the other certain tools or machinery in exchange for regular payments. The kind of equipment doesn’t matter; as long as it is lended, it counts as an equipment rental contract. ATLANTA, July 6, 2017 /PRNewswire/ -- The Home Depot® today announced a definitive agreement to purchase Compact Power Equipment, Inc., a leading national provider of equipment rental and maintenance services for $265 million in cash. The transaction is expected to close by the end of the company's fiscal second quarter.
You should consult a qualified financial professional before making a decision. The Home Depot, as well as any of its affiliates or subsidiaries, is not responsible for the content, results, or the accuracy of the information provided by this calculator. Costs are calculated based on a 5.9% annual interest rate and prices may vary by region. Retainer Agreement Template Use this retainer agreement template to hammer out the details for a work for hire. ENTIRE AGREEMENT.This Agreement, including any exhibits attached hereto and made part hereof, constitutes the entire agreement between Lessor and Lessee with respect of the subject matter hereof. This Agreement supersedes any prior agreements, representations, or dealings between the Parties.
CARE AND OPERATION. The equipment may only be used and operated in a careful and proper manner. Its use must comply with all laws, ordinances, and regulations relating to the possession, use, or maintenance of the equipment, including registration and/or licensing requirements, if any. "We've worked closely with the talented team at Compact Power Equipment for many years and are delighted to welcome them to The Home Depot family," said Craig Menear, chairman, CEO and president of The Home Depot. "The acquisition allows us to further improve the customer experience – in particular for Pros – through enhanced equipment and tool rental offerings. It also allows us to grow Compact Power's best-in-class building services capabilities."
No comments:
Post a Comment