Rental Equipment Agreement

Renter Information
Company: *
Company Phone: *
Address: *
Contact: *
Contact Phone: *
Contact Email: *
Equipment Place of Use: *
Equipment Information
PO or Invoice #
Equipment Rented: *
Rental Rate (per day):
 $ 
Total Number of Days:
Rental Dates: *
-
Total Rental Rate:
 $ 
Terms and Conditions
Renter shall pay a security deposit of
 $ 
The security deposit is in addition to the rental payment noted in Paragraph 2. Only after all equipment has been returned to the Owner and found to be in good condition and repair shall the security deposit be reimbursed to the Renter. The Renter agrees to pay the full retail value of any equipment that is not returned or is returned damaged.
Full retail value of the equipment described below is
 $ 

Renter shall during the rental term keep and maintain the above described equipment in good condition and shall be responsible for any loss, casualty, damage or destruction to said equipment notwithstanding how such damage was caused.

Renter agrees to return said property in its present condition, reasonable wear and tear accepted. Renter shall take on liability of any equipment once it leaves the Digital Touch Systems facility and holds liability of equipment until items return to Digital Touch Systems.

Digital Touch Systems will provide a shipping list of all peripheral items associated with the equipment (remote controls, cords, etc.) and verify the functionality of the equipment prior to shipping or will call.

Payment of final invoices will not hinge on the functioning or lack thereof of the equipment rented.

Digital Touch Systems makes no warranties, express or implied. Renter accepts the equipment in “as is” condition. Renter agrees to inspect and verify the functionality of the equipment upon receipt and to notify Digital Touch Systems of any damages, malfunction, or missing components so that appropriate measures can be taken.

The equipment shall remain, at all times, the property of Digital Touch Systems unless a sales agreement is negotiated for purchase of the equipment separate from this agreement.

The renter agrees to pay additional rental on equipment at the agreed daily rate each day, beginning on the designated return date if equipment has not been delivered to Digital Touch Systems. Rental for late returns shall be deducted from the security deposit or invoiced for at a later date.

The renter assumes all risk of loss and damage to the equipment from every cause whatsoever, while the equipment is in the renter’s possession. Any peripheral items associated with the equipment and included on the shipping list must be returned with the equipment no later than the designated return date. The renter agrees to pay list price for any items which are not returned by the designated return date. These charges may be deducted from the security deposit, but in most cases will be invoiced for once items are returned.

Regardless of cause, the renter and its employees or agents waive the right to make any claim against Digital Touch Systems for loss of anticipatory profits, or any other indirect, special, or consequential damages. Additionally, renter and its employees or agents waive any right to make any claim against Digital Touch Systems for damages resulting from misuse of the equipment or for personal injury resulting from use of the equipment.

This rental contract shall be construed in accordance with and governed by the laws of the State of Texas, without regard to its conflict of laws provision. The prevailing party in any legal proceeding concerning this rental agreement shall be entitled to recover reasonable attorney’s fees and costs of collection.

Renter Name: *
Date: *
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