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Master Rental Agreement
"I need a Master Rental Agreement for my construction equipment rental business based in Manchester, with specific provisions for heavy machinery maintenance and operator training requirements, to be used with multiple corporate clients starting from March 2025."
1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Equipment Description: Detailed description of items being rented
5. Rental Terms: Duration, pricing, and payment terms
6. Delivery and Return: Conditions for delivery and return of equipment
7. Maintenance and Repairs: Responsibilities for equipment maintenance
8. Insurance: Insurance requirements and liability provisions
9. Termination: Conditions for ending the agreement
10. Governing Law: Jurisdiction and applicable law
1. Purchase Option: Terms for purchasing equipment, included when offering option to purchase rented equipment
2. Import/Export: Provisions for international equipment movement, included for cross-border rentals
3. Training: Terms for equipment operation training, included for complex equipment requiring specific training
4. Sub-letting: Terms regarding sub-letting of equipment, included when sub-letting might be permitted
1. Equipment Schedule: Detailed list and specifications of rental equipment
2. Pricing Schedule: Detailed breakdown of rental rates and charges
3. Maintenance Schedule: Required maintenance procedures and intervals
4. Insurance Requirements: Detailed insurance specifications and requirements
5. Service Level Agreement: Performance standards and support terms
Authors
Applicable Laws
Business Day
Charges
Commencement Date
Confidential Information
Damage
Default
Delivery
Delivery Location
Equipment
Equipment Schedule
Force Majeure Event
Good Industry Practice
Initial Term
Insurance Requirements
Intellectual Property Rights
Lease Period
Lessee
Lessor
Maintenance Schedule
Normal Working Hours
Order
Parties
Payment Terms
Permitted Use
Rental Charges
Rental Period
Return Location
Service Levels
Site
Term
Total Loss
VAT
Working Day
Equipment Rental
Term and Renewal
Ordering Process
Delivery and Collection
Rental Charges
Payment Terms
Title and Risk
Use of Equipment
Maintenance and Repairs
Insurance
Liability and Indemnity
Warranties
Force Majeure
Termination
Confidentiality
Data Protection
Health and Safety
Assignment and Subcontracting
Dispute Resolution
Notices
Entire Agreement
Severability
Waiver
Third Party Rights
Variation
Anti-Bribery and Corruption
Modern Slavery
Governing Law and Jurisdiction
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