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rental agreement

This is a rental agreement only, and no part of any of the equipment or items rented pursuant to this agreement shall be deemed the property of the lessee, nor shall lessee acquire any proprietary interest in said equipment or items by virtue of any oral representation; nor can any said equipment or items be transferred, sold or assigned pursuant to this agreement.

 

The receipt by the lessee of the rented property described on the attached rental agreement hereto shall constitute acknowledgement that the said leased property is in good, safe, serviceable condition and fir for use for which it has been rented.

 

Lessee shall, at all times after delivery and acceptance of the rented property maintain said rented property in good condition and will not permit and practice that will injure or damage the rented property in any manner whatsoever.

 

The rented property shall be used only by the lessee, his employees, independent contractors engaged by the lessee, lessee’s clients, employees or independent contractors engaged by said client, and only on the premises to which the said rented property has been delivered.

 

The lessee agrees to, and does hereby, indemnify the lessor against any and all loss, damage, expense and penalty arising from any action on account of any injury to person or property of any character whatsoever occasioned by the operation or handling of the rented property during the rental period, and thereafter while the rented property is in the possession or under the custody and/or control of lessee, his employees, agents and/or representatives.

 

In the event of any accident to, or breakage of, any of the rented property, lessee shall notify lessor promptly and, at lessor’s option, either lessee shall have the same repaired or replaced in the shortest time possible or lessor may have the same repaired or replaced, either event to be at the lessee’s sole expenses. If lessor needs equipment for own use in the time in which it takes to repair or replace, lessee will also cover rental fees for substitute equipment.

 

Lessee hereby indemnifies and holds lessor harmless from any and all causes of action and/or damages which may accrue to lessee or others, with respect to the costs of musicians, vocalists, and others, and all other costs in connection with the breakdown or other failure of the leased property, and/or any part or parts thereof during the term of the rental period.

 

In the event of fire, rain, or similar which destroys the rented property, or any part thereof, or the theft of said leased property, during the period of the rental agreement, or while the rented property is in the possession or under the custody and/or control of the lessee, his employees, agents, and/or representatives, lessee shall be liable to the lessor for the full replacement value of the leased property so destroyed or stolen.

 

Should the rented property not be in the serviceable condition immediately prior to its return to lessor by lessee, as ascertained by an inspection thereof by lessor, lessee will do all things necessary to place the said rented property in serviceable condition, the rental term to continue for such period during which lessee is placing said rented property in serviceable condition.

 

In the event lessor is obliged to commerce legal proceedings against lessee with respect to this rental agreement, for any reason whatsoever, lessee hereby agrees to pay reasonable attorney’s fees and all court costs in connection therewith.