The Owner hands over and the Renter leases the equipment specified in the hand-over report , not requiring to be operated by the Owner’s qualified employee: small mechanization devices, welding equipment, construction equipment, etc. The hand-over report remains the integral part of the Contract.
The rental period shall be specified in the hand-over report and may be extended upon the written agreement of the Owner.
The equipment’s handing over and return shall follow upon the hand-over report signed by each Party.
The Renter shall be fully liable for the leased equipment from the date of signing the hand-over report.
Handing over the equipment to third parties or operating it with violation of regulations is inadmissible and shall result in cancellation of the Contract by the Owner with immediate effect.
The Renter who leases the equipment shall be obliged to:
Operate the equipment according to technical regulations /operating instructions, valid standards and regulations, work safety regulations/, and guarantee qualified workmen.
Preserve the equipment from devastation, theft and external factors.
Facilitate the equipment to the Renter to execute any planned maintenance or repair on a fixed date.
Enable the Owner to check the equipment during the time of operating it.
The Renter shall deliver and return the equipment in as good order as when initially delivered/ ordinary wear and tear alone expected/.
To insure the rented equipment shall be the Renter’s area of responsibility.
Except for the fittings placement, the Renter is not allowed to perform any repairs, to pull the equipment down, to unscrew the machine or the electric tools, in particular brushes, plugs, connectors or any other parts. The aforementioned actions are to be taken only by the Owner . Violation of regulations shall bring financial and legal effects.
The Owner further disclaims any liability for all costs resulting from any misuse, lack of supervision, or damage of any kind or character. Rental Rates shall not be subject to any deductions for any non-working time resulting from the aforementioned reasons.
The Renter shall return the equipment in good working condition.
The rental cost shall not cover the cost of energy and fuel and shall be the Renter’s area of responsibility.
The rental cost is charged from leasing the equipment until the return of equipment, according to the hand-over report.
Charges for the rental, up to one month, shall be imposed after the termination of the rental period. In the event of a longer period, the VAT invoice or simplified invoice is issued at the end of month. It shall be paid by cash or by a bank transfer within 7 days of receipt of the invoice, according to arrangements. The method of payment shall be stated in the hand-over report.
An operating day of a regular single shift is 8 hours.
Rental charges are imposed by the current price list delivered to the Renter. Rental charges may be negotiated in special situations and executed by a separate contract or agreement. The Renter shall pay The Owner extra costs for any additional equipment to be delivered on demand (according to the price list).
The Owner has the right to terminate the Contract with immediate effect if:
there has been violation of regulations, in particular section 5,6,7
having not paid the rental charges on time, covered by section 12
The Renter is obliged to return the equipment by 2 p.m. the last day of rental. If the equipment is not returned as specified in the hand-over report or as agreed with the Owner, then the contractual interest shall be imposed - triple rental cost for each day of delay until the return of equipment. If the delay exceeds 5 working days, notwithstanding this, the Owner shall have the right to
exercise the remedies,
declare the compensation – the value of the new equipment relevant to the rented equipment,
declare the entire amount of the value of the rented equipment specified in the hand-over report.
No allowance shall be made for any rented equipment or portion thereof which is claimed not to have been used , to have been returned beforehand or due to change of working conditions comparing to those specified in the Contract.
All amendments and supplements to this Contract must be made in writing or else shall be null and void.
The security deposit specified in the hand-over report shall be paid by the Renter to the Owner.
In the event there is a requirement to provide the actual state of affairs which may result in legal actions, the requirement shall be provided in writing with the contribution of both Parties. In the event of one Party to refuse, a written notice shall be made.
The operating instructions stands for the integral part of the Contract which the Renter declares to have read and understood. Any damages or breakdowns of the regulations or work safety regulations shall be the Renter’s area of responsibility.
The provisions of the Civil Code shall be applicable in issues not governed by this Contract.
The Contract has been drawn up in two counterparts for each Party.
The Owner’s liability to the Renter shall be reduced to the rental cost for the time of renting the equipment.
The Owner’s liability for any lost profits to the Renter has been disclaimed.