REFRIGERATOR RENTAL AGREEMENT
The following products listed on the front of this
contract: cube, counter high, microfridge, fridge/freezer and
safe, are hereby referred to as Unit. Refrigerator Leasing
Company, Inc. shall be herein referred to as Company.
1. The Company hereby leases to the Lessee a unit at the location
specified on this invoice.
2. The rent for the unit leased shall be payable in full upon
delivery or prior to delivery.
3. Lessee shall not alter or damage this unit. Lessee will return
the unit cleaned and defrosted. Lessee will forfeit security
deposit if unit is returned unclean, missing accessories,
damaged, or with adhesive stickers or decals. Do not defrost unit
with sharp objects. Doing so will destroy the unit and void
damage waiver. Let the unit defrost by unplugging or use a hair
dryer.
4. The Lessee shall not remove the unit from location specified
on this invoice without notifying the Company in writing. If
Lessee moves the unit to a location other than the address
specified without notifying the Company, Lessee will forfeit
security deposit.
5. The Lessee shall not sublet the unit without notifying the
Company in writing. Lessee afrees to forfeit security deposit if
unit is sublet or transferred without notifying the Company.
6. The Company will reapir or replace the unit if it does not
provide normal service during the term of this agreement. There
will be no charge to the Lessee unless malfunction or damage was
due to the negligence or acts of the Lessee.
7. If the unit is lost, stolen, or damaged while leased under
this contract, the Lessee will be responsible for its replacement
cost.
8. There will be no refunds given for cancellation of rental at
any time for any reason. Mid-semester and mid-year cancellations
require immediate notification. It is Lessee’s
responsibility to make arrangements to secure the unit and
provide the Company with information necessary for the return of
the unit, i.e. name of contact person, telephone number, etc.
Units not returned will be subject to charges outlined in Clause
13.
9. Prior to May 1, the Company will notify the Lessee of the
proper time and pick-up date on which to return the unit. This
pick-up date will be no earlier than two weeks prior to the start
of the semester’s final exams week. The Lessee must return
the unit at the specified time and date or contact the Company at
least 10 days in advance to make other arrangements. If the
Lessee fails to determine the correct return date and does not
return the unit on time, the security deposit will be forfeited,
and the Lessee will be charged for the unit. Return date will
also be posted on our website at www.rentalcompanyone.com no
later than two weeks prior to pick up dates. Lessee is
responsible to familiarize themselves with return date. time and
location.
10. It is understood and afreed that the unit at all times
remains the Company’s and it is pointed out that the sale of
leased property or a failure to return leased property to its
owner may constitute a crime and subject the Lessee to
prosecution.
11. Lessee agrees to pay attorney’s fees, collection
charges, and any other expenses incurred by the Company in
collecting any charges under this agreement or in re-taking the
said rental property or in otherwise enforcing the terms of this
agreement.
12. Lessee shall indemnify the Company against all loss or damage
arising from the use of the unit during the term of this lease.
13. Lessee will pay the Company $100 for any cube, safe, $150 for
any “counter high”, $300 for any “fridge/freezer”,
and $500 for any “microfridge” unit not returned.
14. Liability for injury, disability, and death caused by the
operation of this refrigerator during the rental term shall be
assumed by the Lessee, and the Lessee shall indemnify the Company
against all such liability.
15. Any breach of this contract will result in the loss of
security deposit. Security deposit will otherwise be returned
upon the surrender of the equipment to the Company at the end of
the term.
16. Theft and Damage waiver-This optional charge protects the
Lessee if the unit is stolen from the Lessee’s properly
locked residence hall room. The theft of the unit must be
reported to the campus police or public safety officials. After a
thorough investigation by the proper authorities and our Company,
the student will not be charged for the unit, if it is stolen
from a Lessee’s properly locked residence hall room. This
waiver applies only to the theft of a unit that is reported to
the Company prior to April 20th of the rental term. Student will
not be charged for accidental damage to the unit including damage
or loss to microwave glass, shelves, exterior, puncture of
freezer if the waiver is selected and paid for. This waiver only
applies to accidental damage and does not cover malicious
vandalism or purposefull attempts to damage the unit. In the
event that the unit is damaged, the waiver will limit the Lessee’s
loss to the money paid for the waiver and the security deposit.
Student will not receive a new unit if the unit is damaged,
unless a new contract is filled out and theft and damage waiver
payment is made for another unit. This charge is not an insurance
policy or insurance of any kind.
SEND ALL NOTICES TO: REFRIGERATOR LEASING COMPANY, INC. 10
RAILROAD AVE. ONEONTA, NY 13820