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Serving New
Jersey, Philadelphia, and Delaware
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QSCAV RENTAL AGREEMENT
There is a $40 minimum fee for all orders. Delivery fees apply to all orders
The articles described on the reverse are leased upon the terms set forth on the reverse and in this paragraph. Receipt of said articles in good condition is hereby acknowledged. The lease period shall commence on the date set forth on the reverse. The articles shall not be altered, by the lessee, without the express written consent of QSCAV, also known hereinafter as Lessor or QSCAV. This contract in no way constitutes or implies transfer of ownership or title of said articles. On any termination of this lease said articles shall be returned to QSCAV, at its plant or to one of its agents in as good condition and repair as when received by Lessee. All costs of transportation from and to said plant shall be paid by Lessee. This lease may be terminated at any time by QSCAV, by written notice or for the Lessee's default or if the Lessee's credit is impaired or a petition of bankruptcy is filed by or against the Lessee. The rental (lease) cost specified on the reverse is for the period ending on the date specified on the reverse for return of said items. If the articles are retained by the Lessee after such date, rent shall be paid weekly in advance at the same rate at which the original rental cost was computed. Lessee agrees to carry at Lessee's sole cost and expense such insurance as shall be adequate to cover any loss of property as described on the reverse at the full valuation listed for the property. The Lessee guarantees that the insurance policy shall remain in effect for the duration of the rental period, and that QSCAV shall be named Additional Insured and Loss Payee on a Certificate of Insurance which will be delivered to QSCAV, on or before the date the rental period is to begin. Failure to provide proof of insurance prior to the date rental period is to begin shall result in the purchase of such Insurance by Lessor. The cost of this insurance will be chargeable to Lessee's account and will be due and payable upon receipt of Invoice issued to Lessee by QSCAV.
A deposit may also be required at the time of rental, the amount of which shall be determined by QSCAV. All deposits received by QSCAV, shall be held as security for the performance of the Lessee's agreements hereunder and at the option of QSC, may be applied to the payment of rent as it comes due, and/or to make repairs for damage incurred to said articles while under the care of the Lessee, and and/or to cure any default of Lessee without prejudice to or suspension of any other right or remedy of QSCAV. The (security) deposit also may be held and used by QSCAV, until all of the Lessee's obligations are fully performed and the property returned to said plant. The amount of any deposit in no way defines or limits the Lessee's other costs. Any monies collected are considered a deposit and are not refundable. QSCAV reserves the right not to credit the Lessee’s account for monies received if cancellation is within thirty (30) days of rental date. Rental amounts are never applied towards replacement costs. Lessee shall not assign this lease or interest therein or sublet any leased article. Lessee agrees to indemnify and save QSCAV, harmless from any and all costs, expenses, attorney's fees, suits liabilities, damages or claims for damages, howsoever caused including but not limited to those arising out of any injury or death to any person or persons or damage to any property of any kind whatsoever and to whomsoever belonging, including Lessor's in any way relating to the use, storage or possession of the leased property or the performance or exercise of any of the duties, obligations or responsibilities of Lessor regardless of responsibility for negligence arising out of the use of the leased property or the services of the Lessor which might arise in connection with the leasing of the props herein or caused by or have any connection with the props or the condition, maintenance, possession, operation or use thereof. Further, Lessee agrees to carry, at the Lessee's sole cost and expense such public liability, property damage and workers' compensation insurance as shall be adequate to protect the interests of the Lessor herein. Said policies shall name the Lessor as well as the Lessee as the parties insured. In addition, QSCAV, offers no warranty or guarantee, expressed or implied, for the actual serviceability or condition of said items. It is also understood that NO CLEARANCES, regarding the use of personal likenesses, photographs or other "intellectual property rights," however that may be defined, have been obtained, and if necessary any and all responsibility in this regard rests solely with the Lessee, if applicable. QSCAV does not represent or warrant that the particular item being rented is suitable for use and QSCAV, further does not warrant that the prop or equipment complies with any safety laws and the customer is advised that the use of the equipment is at the customer's sole and exclusive risk. Lessee further agrees to pay any and all bills for additional rental and/or loss and damage owed to QSCAV, even if Lessee fails to provide QSCAV, with a purchase order for these or any other charges. Any balance not paid by the payment due date as shown on the reverse will be charged a late penalty of 1.50% per month. This agreement contains all of the terms upon which the described articles are leased and supersedes and controls any other orders or proposal, written or unwritten heretofore given with respect thereto unless the terms hereof are expressly modified by a later agreement signed by the parties. If suit is commenced or an attorney is employed, or if QSCAV, incurs other costs to enforce any obligation of the Lessee hereunder, or to collect moneys owed QSCAV, by Lessee under the terms of this agreement, Lessee agrees to pay all costs of collection incurred by QSCAV, including but not limited to investigations, court costs, collection agency costs, and/or attorney's fees.
All funds are billed in U.S. currency. All payments by check or other negotiable instrument shall be drawn on a U.S. bank, or Lessee agrees to pay double of all fees incurred by QSCAV, in the collections of said moneys, as well as late charges, as due, with a minimum charge of $50.00. Lessee agrees that any and all tariffs and/or taxes that may result from shipping or moving props to any point, especially out of the country, will be paid by the Lessee, and that no deductions whatsoever will be made by the Lessee from amounts owed to QSCAV, to cover said taxes or Tariffs. If Lessee does make such deductions, Lessee agrees to pay immediate to QSCAV, double the amount deducted.
Lessee agrees that should a loss occur of any of or all the items rented under this agreement, or if said items become damaged, for whatever reason, whether through the fault of Lessee or of anyone else or from an Act of God, that Lessee is fully responsible, and agrees to pay to QSCAV, within ten (10) days of the loss and/or damage, an amount equal to the Replacement Value as stated on the Rental Agreement as either "Value" or "Valuation." Lessee agrees that the amounts of the Replacement Values (Values or Valuations) as stated on this Rental Agreement are a fair and accurate representation of the worth and replacement value of the props rented, and therefore will not be disputed by Lessee or any of its agents or consignees for any reason after the commencement of this lease. Lessee agrees that if an insurance claim is instigated by any party to reimburse QSCAV, for any expenses as set forth in this contract, that Lessee will guarantee to pay to QSC, any difference between any amount owed under this contract and any amount paid to QSCAV, by any insurance company or any other company, agency or source within thirty (30) days of the Loss Date as defined by QSC AUDIO & VISUAL. Lessee agrees to act in good faith on behalf of QSCAV, to work with any insurance company to obtain any payments due QSC, within thirty (30) days of the Loss Date. Lessee agrees to pay any late fees arising from any payments not being made within thirty days to QSCAV, by either Lessee or any other source including any insurance company.
I agree to the above terms herewith certify that the original agreement provided to me by QSCAV has not been altered.
Authorized Signature______________________________On Behalf of_________________________________Date__________
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