Rental_Agreement_Form_Blank_2013x Rental_Agreement_Form Rental Agreement Form
User Manual: Rental_Agreement_Form
Open the PDF directly: View PDF 
.
Page Count: 2
NSCA Technology Page 1 of 2
7901 Beechcraft Ave. Suites M & N
Gaithersburg, Maryland 20879
Phone: (301) 527-9200
Fax: (301) 527-9203
www.nscainc.co
m
AGREEMENT
NAME: _______________________
COMPANY: _______________________
ADDRESS: _______________________
_______________________
DATE: _______________________
SUBJECT: Rental/Loaner Agreement
NSCA Technology is pleased to provide you with rental equipment. This document provides the standard
terms and conditions for our rental and loaner equipment.
Thank you for giving us this opportunity to assist you.
Sincerely,
Neal Chaikin
CTO & Owner
NSCA Technology & Tra-Cal Lab
_________________________________________
Rental Terms
All rentals start the day of shipment to the Rentee and
continue throughout the minimum term; and
thereafter until return of the equipment to a “NSCA”
Inventory Center, whether or not the period is
covered by Rentee’s purchase order.
Rental Rates
The monthly rental rate is based upon the minimum
term. Customer shall not have the right to cancel the
rental of the equipment prior to expiration of said
minimum term upon which a rental is based. Rental
charges for fractional months, beyond the original
terms, may be pro-rated. An interest charge of 2.5% a
month will apply to all balances over 30 days.
Shipments
Delivery and freight charges are additional to
Customer. Unless the Rentee gives “NSCA” written
notice of each defect within two (2) days after receipt
of a rented item, it shall be conclusively presumed
that the item(s) was delivered in good condition.
Returns
All equipment, manuals and accessories shall be
returned to “NSCA” prepaid and insured. Any
shipping or handling charges not prepaid will be
billed back to Customer. Customer shall return
equipment in good operating condition (normal wear
and tear excluded) to:
NSCA Technology
7901 Beechcraft Avenue
Suites M & N
Gaithersburg, MD 20879-1594
Warranties
“NSCA” warrants that each piece of equipment
rented meets manufacturer specifications during the
course of the rental. Rental credit will be issued for
any period an equipment piece does not meet this
warranty if written notification is supplied within two
(2) days of the start of such a period.
Title / Ownership
“NSCA” retains title to all rental equipment. The
equipment shall remain the property of “NSCA” and
is provided to Customer solely on a rental basis
without any option to purchase unless such option is
granted prior to the commencement of the rental
NSCA Technology Page 2 of 2
period and explicitly set forth in writing. Customers
are precluded from altering, assigning, modifying, or
encumbering in any way any instruments on rent
from “NSCA.”
Liability, Loss, Damage, Repairs
The Rentee is responsible for loss of or damage to
equipment from receipt until it is received or returned
to “NSCA” Inventory Center. Loss of or damage to
equipment will obligate the Rentee to replace or
repair the equipment at his/her expense or remit the
full fair market price to “NSCA.” It is understood
that the rental fees will continue through the
minimum rental term or until such replacement
equipment or the replacement cost is received by
“NSCA,” whichever is later.
Default
Upon default, “NSCA” may at their option ,
repossess, relet, or sell the equipment and sue for any
loss or revenue deficiency permitted by law, with or
without notice to Customer.
Customer will allow “NSCA” to enter upon
Customer’s premises to repossess or remove said
property and such removal shall not constitute a
termination of Customers’ obligation.
Customer agrees to pay all costs and expenses,
including attorney fees, incurred by “NSCA” in the
repossession, reletting, releasing, transportation,
handling or selling of property.
Company Name: ________________
Custodian: ____________________
________________________________
Customer Signature
________________________________
Customer Name (Please Print)
________________________________
Title
Date: __________________________
Equipment & serial #
________________________________
Rental Period: ____________________
Monthly Rental Rate:
