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1. DEFINITIONS. "Rental Agreement" means this Rental Agreement, including the front and back pages, as well as any Addendum attached hereto. "3V" means 3V Energy, LLC. "Equipment" means any one or more of the items identified as rental items on the first page of this Rental Agreement and any accessories, attachments or other similar items delivered to Customer including, but not limited to, air hoses, electric cords, blades, welding cables, liquid fuel tanks and nozzles. "Customer" means the person or entity identified as such on the first page of this Rental Agreement or any representative, agent, officer or employee of Customer. "Store Location" means the 3V address in the upper left-hand corner on the first page of this Rental Agreement. “Rental Period” means the period of time between the “Rental Out” and “Scheduled In,” set forth on the first page of this Rental Agreement, except that the Rental Period may terminate earlier as provided in Sections 18 and 25 hereof or if Customer returns the Equipment earlier. “Credit Card” means the credit card provided by Customer as part of this Rental Agreement or otherwise kept on file with 3V.
2. AUTHORITY TO SIGN. Any individual signing this Rental Agreement represents and warrants that he or she is of legal age and has the authority and power to sign this Rental Agreement on behalf of Customer.
4. INSPECTION OF EQUIPMENT. Customer acknowledges that Customer has inspected the Equipment prior to taking possession thereof, finds it in good working order and repair and suitable for Customer's needs. Customer further acknowledges that Customer has inspected the propulsion tank of vehicles registered and licensed, or required to be registered and licensed, for use on any highway or public road use, prior to taking possession thereof and such propulsion tank contained no dyed fuel. Customer is familiar with the proper operation and use of each item of Equipment. Customer has inspected or will inspect all hitches, bolts, safety chains, hauling tongues and other devices and materials used to connect the Equipment to Customer's towing vehicle, if any. Customer acknowledges 3V is not responsible for any damage to Customer's towing vehicle caused by detachable hitches or mirrors.
5. LIMITATION OF LIABILITY. In no event shall 3V be liable or responsible to Customer or any other party for: (i) any loss, damage or injury caused by, resulting from or in any way connected with the Equipment, its operation or its use; ( i i) 3V's failure to deliver the Equipment as required hereunder or 3V's failure to repair or replace non-working Equipment; (iii) o r any incidental, consequential, punitive or special damages. Customer acknowledges and assumes all risks inherent in the operation, use and possession of the Equipment from the time the Equipment is delivered to Customer until the Equipment is returned to 3V and will take all necessary precautions to protect all persons and property from injury or damage from the Equipment.
A. Customer will not use or allow anyone to use the Equipment: (i) for an illegal purpose or in an illegal manner; (ii) without a license, if required under any applicable law; (iii) or who is not qualified to operate it. Customer agrees, at Customer's sole expense, to comply with all applicable municipal, state, and federal laws, ordinances and regulations (including O.S.H.A. and the Internal Revenue Code) which may apply to the use of the Equipment. Customer shall not insert, or permit to be inserted, any dyed fuel into the propulsion tank of vehicles registered and licensed, or required to be registered and licensed, for use on any highway or other public road. CUSTOMER AGREES TO DEFEND, INDEMNIFY AND HOLD 3V HARMLESS FROM ALL FINES, PENALTIES AND COSTS INCURRED BY 3V DUE TO DYED FUEL BEING INTRODUCED INTO THE PROPULSION TANK OF SUCH VEHICLES. Customer agrees to: ( i ) check filters, oil, fluid levels and tire air pressure; (ii) clean and visually inspect the Equipment daily; (iii) and immediately notify 3V when Equipment needs repair or maintenance and cease using the Equipment. Customer acknowledges that 3V has no responsibility to inspect the Equipment while it is in Customer's possession. 3V shall have the right to replace the Equipment with other reasonably similar equipment at any time and for any reason.
B. IN CALIFORNIA ONLY: If any of the Equipment is power operated or power-driven excavating or boring equipment, it is the sole responsibility of Customer to follow the requirements of the regional notification center law pursuant to Article 2 (commencing with Section 4216) of Chapter 3.1 of Division 5 of Title 1 of the Government Code. By signing this Rental Agreement, Customer accepts all liabilities and responsibilities contained in the California regional notification center law.
8. MALFUNCTIONING EQUIPMENT. Should the Equipment be involved in an accident, become unsafe, malfunction or require repair, Customer shall immediately cease using the Equipment and immediately notify 3V. If such condition is the result of normal operation, 3V will repair or replace the Equipment with reasonably-similar Equipment in working order, if such replacement Equipment is available. 3V has no obligation to repair or replace Equipment rendered inoperable by misuse, abuse or neglect. Customer's sole remedy for any failure or defect in Equipment shall be the termination of any rental charges accruing after the time of failure. Customer must return the Equipment to the Store Location within 24 hours from the time of defect in order to terminate rental charges.
9. RETURN OF EQUIPMENT / DAMAGED & LOST EQUIPMENT. At the expiration of the Rental Period, Customer will return the Equipment to the Store Location during 3V's regular business hours. T h e Equipment i s to be in the s a m e condition as when delivered to Customer, subject to reasonable wear and tear, as defined below. In the event that 3V has agreed to pick up the Equipment from Customer, Customer shall notify 3V in writing that the Equipment is
“off rent” and shall obtain an “off rent” confirmation number from 3V. 3V shall endeavor to pick up the Equipment within a commercially reasonable period of time after the Equipment is called “off rent.” Customer shall be liable for all damages to or loss of the Equipment from the time the Equipment leaves the Store Location until the Equipment is: (i) returned to the Store Location, including any damage during transit to or from Customer; (ii) or picked up by 3V after issuance of an "off rent" confirmation number. In the case of the loss or destruction of any Equipment, or inability or failure to return same to 3V for any reason whatsoever, Customer will pay 3V the then full replacement list value of the Equipment together with the full rental rate as specified until such Equipment is replaced. If the Equipment is returned in a damaged or excessively worn condition, Customer shall pay 3V the reasonable cost of repair and pay rental on the Equipment at the regular rental rate until all repairs have been completed. 3V shall be under no obligation to commence repair work until Customer has paid to 3V the estimated cost therefor. Customer agrees that 3V reserves the right to charge the Credit Card and/or Customer’s account for any amount owed by Customer pursuant to this section due to damaged or lost Equipment.
10. REASONABLE WEAR AND TEAR. Reasonable wear and tear of the Equipment shall mean only the normal deterioration of the Equipment caused by ordinary and reasonable use on a one shift basis (as defined in Section 12 below). The following shall not be deemed reasonable wear and tear:
(i) damage resulting from lack of lubrication, insertion of improper fuel or maintenance of necessary oil, water and air pressure levels; (ii) except where 3V expressly assumes the obligation to service or maintain the Equipment, any damage resulting from lack of servicing or preventative maintenance suggested in the manufacturer's operation and maintenance manual; (iii) damage resulting from any collision, overturning or improper operation, including overloading or exceeding the rated capacity of the Equipment; (iv) damage in the nature of dents, bending, tearing, staining, corrosion or misalignment to or of the Equipment or any part thereof; (v) wear resulting from use in excess of shifts for which rented; (vi) and any other damage to the Equipment which is not considered ordinary and reasonable in the equipment rental industry.
11. LATE RETURN. Customer agrees that if the Equipment is not returned by the end of the Rental Period, 3V, in its sole discretion, may require Customer to do any of the following: (i) continue to pay the rental rate(s) applicable to the Equipment as specified on the front page of this Rental Agreement; (ii) for periods less than 24 hours, pay the full daily rental rate applicable to the Equipment; ( i i i ) o r pay any increased rental rate(s) in effect at the time of, or after, the expiration of the Rental Period. Customer agrees that 3V reserves the right to charge the Credit Card, and/or Customer’s account for any amount owed by Customer pursuant to this section due to late return of Equipment.
A. Rental charges commence when the Equipment leaves the Store Location and end when the Equipment is returned to the Store Location during 3V’s regular business hours. Rental charges do not include the cost of the Refueling Service Charge, any applicable taxes, the cost of the Delivery and Pickup Service Charge, transportation surcharges, the cost of the Environmental Service Charge or other miscellaneous charges. If Customer chooses to have 3V deliver and pick up the Equipment, Customer agrees to pay a Delivery and Pickup Service Charge. In the event that Customer has elected to pay for the Delivery and Pickup Service Charge, Customer shall notify 3V in writing that the Equipment is “off rent” and obtain an “off rent” confirmation number from 3V, at which time rental charges shall no longer be assessed, unless otherwise provided herein. Rental charges accrue during Saturdays, Sundays and Holidays. Rental rates are for normal “ o n e s h i f t ” usage based on an 8 hour day, 40 hours per week and 160 hours per 4 week period. On power equipment, operations in excess of one shift will be as follows: 1.5 times the rental charges for double shift and 2 times the rental charges for triple shift. Customer will truthfully and accurately certify to 3V the number of shifts the Equipment was operated. Customer's right to possess the Equipment terminates on the expiration of the Rental Period and retention of possession after this time is a material breach of this Rental Agreement. TIME IS OF THE ESSENCE.
B. IN CALIFORNIA ONLY: Customer acknowledges that an “Estimated Personal Property Tax Reimbursement Charge” will be applied to all rented Equipment at a rate of up to 0.75% of the rental amount. By signing this Rental Agreement, Customer agrees to pay this charge.
13. REFUELING SERVICE CHARGE. Customer acknowledges that a “Refueling Service Charge” will be applied to all Equipment not returned with a full tank of fuel. The exact cost of the Refueling Service Charge may vary depending on the rate being charged by the Store Location on the date Customer returns the Equipment. Customer acknowledges that the Refueling Service Charge is not a retail sale of fuel. Customer may avoid the Refueling Service Charge if Customer returns the Equipment with a full tank of fuel.
14. DEPOSIT. In addition to securing the payment of rental charges hereunder, Customer agrees that any rental deposit shall be deemed to be a guarantee by Customer of the full and complete performance of each and all of the terms, covenants and agreements to be performed by Customer hereunder. In the event of any breach by Customer, the deposit will be credited against any damages, cost or expense incurred by 3V as a result of the breach.
15. PAYMENT. All amounts due hereunder shall be payable in full upon receipt of invoice by Customer. Customer acknowledges that timely payment of rental charges is essential to 3V's business operations and it would be impractical and extremely difficult to fix the actual damages caused by late payment. Customer and 3V agree that there shall be added to all past due rental charges a late payment fee equal to the lesser of 2% per month (24% per annum) on any such payments outstanding after 30 days, or the maximum amount allowed by applicable law. Rental rates do not include sales tax, goods and services tax or other taxes, levies and assessments required to be collected by 3V from Customer at any time upon, or in respect of, the Equipment and/or this Rental Agreement (collectively, “Taxes”). Customer agrees that 3V reserves the right to charge the Credit Card and/or Customer’s account for any amount owed by Customer pursuant to this section due to late or past due payment(s) or rental charges or Taxes.
16. TITLE / NO PURCHASE OPTION / NO LIENS. This Rental Agreement is not a contract of sale, and title to the Equipment shall at all times remain with 3V. Unless covered by a specific supplemental agreement signed by 3V, Customer has no option or right to purchase the Equipment. Customer shall keep the Equipment free and clear of all mechanics and other liens and encumbrances.
17. TIRE AND TUBE REPAIR OR REPLACEMENT. Repair or replacement of tires and tubes is the responsibility of Customer and is not included in the rental rate.
18. DEFAULT. Customer shall be deemed in default should Customer: (i) in any way fail to pay any amount when due hereunder, or to perform, observe or keep any provision of this Rental Agreement; (ii) become “Insolvent” (as defined herein), or should 3V anticipate that Customer may become Insolvent; (iii) or otherwise be in default. If Customer is in default, 3V may do any one or more of the following: (i) terminate the Rental Period; (ii) declare the entire amounts due hereunder immediately due and payable and commence legal action therefor; (iii) cause 3V’s employees or agents, with notice but without legal process, to enter upon Customer's property and take all action necessary to retake and repossess the Equipment, and Customer hereby consents to such entry, re-taking and repossession and hereby waives all claims for damages and losses, physical and pecuniary, caused thereby and shall pay all costs and expenses incurred by 3V in retaking and repossessing the Equipment; ( i v ) o r pursue any other remedies available by law. Customer shall be considered “Insolvent” if Customer shall: (i) generally not pay, or be unable to pay, or admit its inability or anticipated inability to pay its debts as such debts become due; (ii) make an assignment for the benefit of creditors, or petition or apply to any c o u r t o r tribunal for the appointment of a custodian, receiver, or trustee for it or a substantial part of its assets; (iii) commence any proceeding under any bankruptcy, reorganization, arrangement, readjustment of debt, dissolution, or liquidation law or statute of any jurisdiction, whether now or hereafter in
effect; (iv) have had any such petition or application filed or any such proceeding commenced against it in which an order for relief is entered or an adjudication or appointment is made; (v) o r take any action indicating its consent to, approval of or acquiescence in any such petition, application, proceeding or order for relief or the appointment of a custodian, receiver or trustee for all or any substantial part of its properties.
19. CUSTOMER'S INSURANCE COVERAGE. Customer agrees to maintain and carry, at Customer’s sole cost, the following insurance: (i) commercial auto liability insurance with at least a per occurrence limit of $2 million; (ii) commercial general liability insurance (“CGL”) (providing coverage equal to or greater than the standard ISO CG 00 01 12 04 form) with limits of insurance not less than $2 million per occurrence and $4 million in the aggregate; (iii) and property insurance for the full replacement cost of the Equipment, including coverage for all risks of loss or damage to the Equipment. Customer shall obtain insurance policies that provide, or are endorsed to provide, that all insurance required hereunder is primary and non-contributory to any other insurance maintained by 3V. 3V shall be named as an additional insured for liability insurance and, if applicable, additional loss payee for property insurance. Any deductibles or self-insured retentions shall be the sole responsibility of the Customer. All insurance required by this Rental Agreement shall include a waiver of rights of recovery against 3V or its insurers by the Customer and its insurers, as well as a waiver of subrogation against 3V or its insurers. The policies required hereunder shall provide that 3V must receive not less than 90 days’ notice prior to any cancellation. FOR RENTAL OF EQUIPMENT NOT LICENSED FOR ROAD USE, CUSTOMER MUST EITHER (i) ELECT TO NAME 3V AS LOSS PAYEE EVIDENCING PROPERTY INSURANCE COVERAGE, OR (ii) ELECT TO PURCHASE THE RENTAL PROTECTION PLAN.
20. NO ASSIGNMENT, LENDING OR SUBLETTING. Customer shall not sublease, subrent, assign or loan the Equipment without first obtaining the written consent of 3V, and any such action by Customer, without 3V’s written consent, shall be void. Customer agrees to use and keep the Equipment at the job site set forth on the first page of this Rental Agreement unless 3V approves otherwise in writing. 3V may at any time, without notice to Customer, transfer or assign this Rental Agreement or any Equipment or any moneys or other benefits due or to become due hereunder.
21. ENTIRE AGREEMENT / ONLY AGREEMENT. The Rental Agreement, including the front and back pages of the Rental Agreement, and any Addendum attached hereto, represent the entire agreement between Customer and 3V with respect to the Equipment and the rental of the Equipment. There are no oral or other representations or agreements not included herein. None of 3V's rights or Customer's rights may be changed and no extension of the terms of this Rental Agreement may be made except in writing, signed by both 3V and Customer. Any use of Customer's purchase order number on this Rental Agreement is for Customer's convenience only and terms and conditions, whether oral or written, that are different or inconsistent with the terms contained herein are hereby rejected by 3V.
22. ORDER OF PRECEDENCE. The terms and conditions of this Rental Agreement shall control over any conflicting preprinted terms and conditions contained in Customer’s purchase order or similar documents and such other terms are hereby rejected by 3V.
23. CLASS ACTION WAIVER. Customer agrees that any claims or proceedings brought by Customer relating to this Rental Agreement will be conducted on an individual basis, and not on a class-wide, collective, or representative basis, and that any one person’s claims or proceedings may not be consolidated with any other claims or proceedings. Customer will not sue 3V as a class plaintiff or class representative, join as a class member, or participate as an adverse party in any way in a class-action lawsuit against 3V. Nothing in this paragraph, however, limits Customer’s right to bring a lawsuit as an individual plaintiff.
24. JURY WAIVER. The federal and state courts in the county in which the Store Location is located shall have exclusive jurisdiction over all matters relating to this Rental Agreement. TRIAL BY JURY IS WAIVED. In order to effect service of process on 3V, please contact the Secretary of State Corporations Division or the equivalent office in your state to obtain the name of the registered agent and the registered office address that is on file with the Secretary of State for 3V. 3V shall be entitled to decrees of specific performance (without posting bond or other security) in addition to such other remedies as may be available.
A. Any failure of 3V to insist upon strict performance by Customer of any terms and conditions of this Rental Agreement shall not be construed as a waiver of 3V's right to demand strict compliance. Customer has carefully reviewed this Rental Agreement and waives any principle of law which would construe any provision hereof against 3V as the drafter of this Rental Agreement. Any rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not apply to the interpretation of this Rental Agreement.
B. Customer agrees to pay all reasonable costs of collection, court, attorneys' fees and other expenses incurred by 3V in the collection of any charges due under this Rental Agreement or in connection with the enforcement of its terms.
C. Customer shall pay the rental charge(s) without any offsets, deductions or claims.
D. Customer consents to the collection, use and disclosure of his or her personal identification and financial information as described herein. Customer’s personal identification and financial information is provided voluntarily and not as part of a credit card transaction. Personal identification information includes, for example, Customer’s name, billing address, ZIP code, telephone number, date of birth, driver’s license number and email address. Financial information includes, for example, information related to any balances or invoices related to the Rental Agreement. Customer’s personal identification information can be used for purposes of this transaction, any subsequent transactions with 3V and for 3V to evaluate and improve its products and services and/or develop new products or services. Customer’s personal identification information and/or financial information may be disclosed to contractors, service providers and other third parties that support 3V’s business and who are bound by contractual obligations to keep personal information confidential and use it only for the purposes for which we disclose it to them.
E. 3V shall have the right to immediately repossess the Equipment, without any liability to Customer, in the event of: (i) permanent closure of the Store Location;
(ii) declaration of any emergency, disaster or similar situation by any federal, state or local government; (iii) o r as otherwise set forth in this Rental Agreement
CRIMINAL WARNING: The use of false identification to obtain Equipment or the failure to return the Equipment by the end of the Rental Period may be considered a theft subject to criminal prosecution pursuant to applicable criminal or penal code provision
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