MAINTENANCE and DAMAGE PROTECTION Sample Clauses

MAINTENANCE and DAMAGE PROTECTION a) Renter shall at all times be liable to Company for the full replacement cost of the equipment leased hereunder and agrees to remit the same within 5 business days of any loss or damage to said equipment, whether by fire, theft, burglary, fraud, mysterious disappearance, water, or casualty of any nature. Renter will, at Renter's sole expense, keep and maintain the Equipment clean and in good working order and repair during the Rental Term. In the event the Equipment is lost or damaged beyond repair, Renter shall pay to Company the replacement cost of the Equipment; in addition, the obligations of this Agreement shall continue in full force and effect through the Rental Term. Company is hereby authorized to charge Renter's credit card for any such repair or replacement charges.