Common use of Fees and Invoicing Clause in Contracts

Fees and Invoicing. Lessee agrees to pay all Rental Fees, charges and fees for Services as stated in the Rental Contract. Lessee shall pay all amounts within thirty (30) days after date of invoice (the “Due Date”) unless otherwise specified on the Rental Agreement. If payment is not received on or before the Due Date, interest shall accrue on the unpaid balance at the rate of two (2%) percent per month. Lessee is and shall be liable for all damages, fees (including attorneys’ fees), costs and disbursements Strad incurs due to Lessee’s failure to pay on or before the Due Date. Late payment of amounts due may result in immediate seizure, repossession or return of Equipment, at Lessee’s expense, as Strad determines in its sole discretion. Strad shall invoice Lessee at a minimum of once per month (or as frequently as specified in the Rental Agreement) during the Rental Term for (i) all Rental Fees during the immediately preceding billing period, determined on a daily rental basis, and (ii) any fees for Services and all other sums which become due and payable by Lessee. Lessee may be required to pay a deposit in advance if so stated on the Rental Agreement which Strad may apply to cure any default of Lessee under the Rental Contract. Strad shall refund to Lessee any remaining deposit after Lessee pays all amounts due under the Rental Contract following the Stop Date and returns the Equipment to Strad’s satisfaction. Lessee agrees and acknowledges that it is responsible for paying the balance of any Rental Fees if Lessee terminates the Rental Agreement early. Lessee acknowledges that Rental Fees continue to accrue even if the Equipment is idle or on standby during the Rental Term and for the period required for Strad to return the Equipment to the same condition as when delivered to Lessee, ordinary wear and tear excepted. Notwithstanding the terms and conditions of any other valid pricing agreement in effect between the parties, Strad shall have the option to adjust the pricing as set forth in each Rental Agreement. Any estimates Strad provides to Lessee for logistical and trucking support costs associated with delivering the Equipment (“Logistics”) are subject to change due to changes in weather, road or site conditions at the time of delivery.

Appears in 5 contracts

Samples: Strad Equipment Rental Terms and Conditions, Strad Equipment Rental Terms and Conditions, Strad Equipment Rental Terms and Conditions

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Fees and Invoicing. Lessee Xxxxxx agrees to pay all Rental Fees, charges and fees for Services as stated in the Rental Contract. Lessee shall pay all amounts within thirty (30) days after date of invoice (the “Due Date”) unless otherwise specified on the Rental Agreement. If payment is not received on or before the Due Date, interest shall accrue on the unpaid balance at the rate of two (2%) percent per month. Lessee is and shall be liable for all damages, fees (including attorneys’ fees), costs and disbursements Strad incurs due to Lessee’s failure to pay on or before the Due Date. Late payment of amounts due may result in immediate seizure, repossession or return of Equipment, at Lessee’s expense, as Strad determines in its sole discretion. Strad shall invoice Lessee at a minimum of once per month (or as frequently as specified in the Rental Agreement) during the Rental Term for (i) all Rental Fees during the immediately preceding billing period, determined on a daily rental basis, and (ii) any fees for Services and all other sums which become due and payable by Lessee. Lessee may be required to pay a deposit in advance if so stated on the Rental Agreement which Strad may apply to cure any default of Lessee under the Rental Contract. Strad shall refund to Lessee any remaining deposit after Lessee pays all amounts due under the Rental Contract following the Stop Date and returns the Equipment to Strad’s satisfaction. Lessee Xxxxxx agrees and acknowledges that it is responsible for paying the balance of any Rental Fees if Lessee terminates the Rental Agreement early. Lessee acknowledges that Rental Fees continue to accrue even if the Equipment is idle or on standby during the Rental Term and for the period required for Strad to return the Equipment to the same condition as when delivered to Lessee, ordinary wear and tear excepted. Notwithstanding the terms and conditions of any other valid pricing agreement in effect between the parties, Strad shall have the option to adjust the pricing as set forth in each Rental Agreement. Any estimates Strad provides to Lessee for logistical and trucking support costs associated with delivering the Equipment (“Logistics”) are subject to change due to changes in weather, road or site conditions at the time of delivery.

Appears in 3 contracts

Samples: Strad Equipment Rental Terms and Conditions, Strad Equipment Rental Terms and Conditions, Strad Equipment Rental Terms and Conditions

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Fees and Invoicing. Lessee agrees to pay all Rental Fees, charges and fees for Services as stated in the Rental Contract. Lessee shall pay all amounts within thirty (30) days after date of invoice (the “Due Date”) unless otherwise specified on the Rental Agreement. If payment is not received on or before the Due Date, interest shall accrue on the unpaid balance at the rate of two (2%) percent per month. Lessee is and shall be liable for all damages, fees (including attorneys’ fees), costs and disbursements Strad incurs due to Lessee’s failure to pay on or before the Due Date. Late payment of amounts due may result in immediate seizure, repossession or return of Equipment, at Lessee’s expense, as Strad determines in its sole discretion. Strad shall invoice Lessee at a minimum of once per month (or as frequently as specified in the Rental Agreement) during the Rental Term for (i) all Rental Fees during the immediately preceding billing period, determined on a daily rental basis, and (ii) any fees for Services and all other sums which become due and payable by Lessee. Lessee may be required to pay a deposit in advance if so stated on the Rental Agreement which Strad may apply to cure any default of Lessee under the Rental Contract. Strad shall refund to Lessee any remaining deposit after Lessee pays all amounts due under the Rental Contract following the Stop Date and returns the Equipment to Strad’s satisfaction. Lessee agrees and acknowledges that it is responsible for paying the balance of any Rental Fees if Lessee terminates the Rental Agreement early. Lessee acknowledges that Rental Fees continue to accrue even if the Equipment is idle or on standby during the Rental Term and for the period required for Strad to return the Equipment to the same condition as when delivered to Lessee, ordinary wear and tear excepted. Notwithstanding the terms and conditions of any other valid pricing agreement in effect between the parties, Strad shall have the option to adjust the pricing as set forth in each Rental Agreement. Any estimates Strad provides to Lessee for logistical and trucking support costs associated with delivering the Equipment (“Logistics”) are subject to change due to changes in weather, road or site conditions at the time of deliveryDelivery.

Appears in 1 contract

Samples: Strad Equipment Rental Terms and Conditions

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