Common use of Payment for rental Clause in Contracts

Payment for rental. (a) The Hirer agrees to pay PLUL the Hire Fee specified for the Equipment for the Hire Period, which includes any applicable GST. (b) The Hire Fee must be paid in full to PLUL prior to the commencement of the Hire Period, unless otherwise agreed between the parties. (c) Equipment not returned on time and in accordance with this Agreement will be subject to a continuance of the agreed hire at an overtime hourly rate until return is complete. In the event of late return the Hirer will be liable to pay for the Equipment on an overtime basis, at a rate of $60 per hour. (d) The Hirer authorises PLUL to charge any excess or unpaid monies arising from the hire of the Equipment to the credit card provided by the Hirer to settle any charges and obligations payable under this Agreement.