Fill and Sign the Equipment Lease Agreement Labex of Ma Form

Sound Equipment Rental Agreement (Lease) This Agreement made the day of , 200 , by and between ______________________, of ____________________________________________ ( street address, city, county, state, zip code) hereafter called the Lessee, and ______________________ of ____________________________________________ (street address, city, county, state, zip code) hereafter called the Lessor. Lessee and Lessor, for the consideration hereafter named, agree as follows: I. Lessor hereby leases to Lessee all the sound and related equipment named, identified, and described in the attached List of Sound Equipment, for use at ____________________________________________ (date and description of event). Lessor shall deliver such equipment on ______________________ (date) to Lessee at ______________________ ____________________________________________ (street address, city, county, state, zip code) in operative condition. Lessor shall pick up said equipment at ______________________________ ______________________ (street address, city, county, state, zip code) on ______________________ (date) . The amount of rent payable for rental of said equipment shall be $____________, and shall be payable on or before the date of delivery of said equipment. II. The sum of $_____________ shall be also be paid on or before said delivery date by Lessee to Lessor as a security deposit to guarantee Lessee฀s full and faithful performance of all terms, conditions and provisions of this Agreement. If Lessee shall so perform, an equal sum shall be repaid without interest to Lessee at the termination of this Agreement. III. Lessee shall not remove, alter, disfigure or cover up any numbering, lettering, or insignia displayed upon the equipment, and shall see that the equipment is not subjected to careless, unusually or needlessly rough usage; and Lessee shall at his own expense maintain the equipment and its appurtenances in good repair and operative condition, and return it in such condition to Lessor. IV. LESSOR, BEING NEITHER THE MANUFACTURER NOR A DEALER IN THE EQUIPMENT, MAKES NO WARRANTIES, EXPRESS OR IMPLIED, AS TO ANY MATTER WHATSOEVER, INCLUDING, WITHOUT LIMITATION, THE CONDITION OF THE EQUIPMENT, ITS MERCHANTABILITY, ITS DESIGN, ITS CAPACITY, ITS PERFORMANCE, ITS MATERIAL, ITS WORKMANSHIP, ITS FITNESS FOR ANY PARTICULAR PURPOSE. LESSOR FURTHER DISCLAIMS ANY LIABILITY WHATSOEVER FOR LOSS, DAMAGE, OR INJURY TO LESSEE OR THIRD PARTIES AS A RESULT OF ANY DEFECTS, LATENT OR OTHERWISE, IN THE EQUIPMENT. LESSEE AGREES THAT HE IS LEASING THE EQUIPMENT IN ITS AS IS AND PRESENT CONDITION. LESSOR SHALL NOT BE LIABLE IN ANY EVENT TO LESSEE FOR ANY LOSS, DELAY, OR DAMAGE OF ANY KIND OR CHARACTER RESULTING FROM DEFECTS IN, OR INEFFICIENCY OF, EQUIPMENT HEREBY LEASED OR ACCIDENTAL BREAKAGE THEREOF. V. Lessee shall indemnify Lessor against, and hold Lessor harmless from, any and all claims, actions, suits, proceedings, costs, expenses, damages, and liabilities, including attorneys fees, arising out of, connected with, or resulting from the equipment or the Lease, including without limitation, the manufacture, selection, delivery, leasing, renting, control, possession, use, operation, maintenance or return of the equipment. Lessee shall further indemnify Lessor, and hold Lessor harmless, from all loss and damage to the equipment during the rental period. Lessee recognizes and agrees that included in this indemnity clause, but not by way of limitation, is Lessee฀s assumption of any and all liability for injury, disability and death of workmen and/or other persons caused by the operation, use, control, handling, or transportation of the equipment during the term of this Lease. VI. Lessee shall inspect the equipment upon deliver. Unless Lessee immediately gives written notice to Lessor, specifying any defect in or other proper objection to the equipment. Lessee agrees that it shall be conclusively presumed, as between Lessor and Lessee, that Lessee has fully inspected and acknowledged that the equipment is in full compliance with the terms of this Agreement, in good condition and repair, and that Lessee is satisfied with and has accepted the equipment in such good condition and repair VII. Upon any default in any of the terms of this Agreement, Lessor shall have the right to exercise any one or more of the following remedies: a) To declare the entire amount of rent hereunder immediately due and payable as to any or all items of the equipment, without notice or demand to Lessee; b) To sue for and recover all rents, and other payments, then accrued or thereafter accruing, with respect to any or all items of the equipment; c) To take possession of any or all items of the equipment without demand, notice, or legal process, wherever they may be located. Lessee hereby waives any and all damages occasioned by such taking of possession, and/or d) To pursue any other remedy at law or in equality. VIII. Notwithstanding any such repossession, or any other action which Lessor may take, Lessee shall be and remain liable for the full performance of all obligations on the part of Lessee to be performed under this Lease. All such remedies are cumulative, and may be exercised concurrently or separately.IX. Lessee shall pay Lessor all costs and expenses, including attorneys ฀ fees, incurred by Lessor in exercising any of its rights or remedies hereunder or enforcing any of the terms, conditions, or provisions hereof. X. This instrument constitutes the entire agreement between Lessor and Lessee; and it shall not be amended, altered or changed except by a written agreement signed by the parties hereto. WITNESS our signatures as of the date first named above. _______________________________ LESSOR LESSEE