WITNESSETH:
WHEREAS, Lender is the owner or holder of certain item that being, listed and posted under the platform of Goodinforent.
The description and the value of the item is specified more in detail in Exhibit A (this shall form part of this Agreement)
WHEREAS, Goodinforent is not a party to this Agreement and any provisions that may constitute any form of liabilities hereof are not binding. Furthermore, the following provisions set forth in this Agreement will neither constitute moral nor legal obligation to Goodinforent.
WHEREAS, All the provisions, agreements and arrangements set forth herein shall only bind the undersigned Lender and Borrower.
WHEREAS, Lender is desirous of renting the item to Borrower under the terms and conditions provided herein; and
WHEREAS, Borrower is desirous of renting the item from Lender under the terms and conditions as provided herein;
NOW, THEREFORE, the covenants and obligations provided herein and other good and valuable consideration set forth herein is hereby acknowledged, the parties hereto hereby agree as follows:
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Term
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Rent
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Ownership of Property
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Use of the Property
- Borrower shall use item in the ordinary course and take care it with the diligence required by nature of the item.
- Borrower shall only use the property in accordance of its designed and its intended to be used.
- Borrower shall not injure or damage the item, except for ordinary and reasonable wear and tear.
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Identification Marks
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Condition of the Item
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Disclaimer of Warranties
- The Borrower recognizes that the property is being received as is and with all faults.
- Lender makes no representation, promises, or any form of warranties.
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Risk of Loss
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Indemnification
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Return of Property
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Holdover Period
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Joint and individual obligations
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Non-Assignments
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Entire Agreement
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Governing law
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Severability