Kennards may require the customer to pay the waiver fee plus the medium and large device rental fee, but the customer may decide to decline this payment. The conditions to include in your rental agreement depend on whether it is wet or dry rent. This article explains the clauses to include in a dry lease agreement in order to best protect your business. (b) whether the other party is bankrupt or bankrupt, whether performing a personal insolvency contract, terminates the liquidation, administration, administration or business, subject to any rights you have under the Corporations Act 2001. You should include in your agreement a provision that determines how the equipment comes into the tenant`s possession. So if you want to rent an airplane, it would be a dry lease agreement to rent only the plane itself and an aircraft that is functional and flying. You can also specify that they must instruct an authorized third party to repair and repair the device while it is in their possession. In case of declaration of non-theft, a rental fee is charged to the customer until the police report is provided. 15.1 Loss Theft Damage Waiver (“LTD Waiver”) is not insurance, but an agreement on our part to limit your liability in certain circumstances for loss, theft or damage to equipment to an amount called LTD Waiver Excess. The LTD Waiver Excess is explained in clause 15.5 below. Observe the restrictions set out in clause 15.6.
Kennards may require the customer to pay the Vehicle Waiver Plus Fee for motor vehicle rental, but the customer may choose to refuse this payment. The Vehicle Waiver Plus applies to customers on credit accounts for all relevant rentals, unless the customer has refused to waive the credit application or has unsubscribed by written notification to Kennards. 8.1 This Rental Agreement is for you personally and you may not authorise or authorise any other natural or legal person to use, re-engage or take possession of the Equipment at any time unless we have expressly agreed in writing. . . .