Common use of Payment for rental Clause in Contracts

Payment for rental. 2.1 The hirer must pay the owner the hire fee and the damage waiver fee specified in the Schedule for the equipment for the hire period including any applicable GST, stamp duties, tolls, fines, penalties, levies or freight and other charges relevant to this agreement and the hire. 2.2 The required fees must be paid to the owner prior to or on the commencement date of the hire period in cash, by electronic transfer, Bpay, credit card or by unendorsed bank cheque in favour of the owner. Account customers who do not pay their account on the terms agreed will be deemed to be in default. If the Equipment is not returned on time and in accordance with provisions of this agreement the hirer shall pay to the owner damages equal to the rental pursuant to this agreement for the period starting on the date that the equipment was due to be returned pursuant to this agreement and ending on the date that the equipment is actually returned to the owner. 2.3 The owner may agree to make equipment delivery and collection arrangements to and from the hirer’s site and the hirer will pay to the owner any charges and expenses incurred in such delivery, installation and/or collection. The owner will use its best endeavours to deliver the equipment by the agreed time but will not be liable to the hirer for a late delivery, non-delivery or any associated loss or damage due to a late or non-delivery. 2.4 A cancellation fee may be charged by the owner where equipment has been reserved by booking and the hirer cancels the booking without reasonable notice or fails to take delivery of the equipment. 2.5 The owner may charge the hirer a fee for accepting payment by credit card. 2.6 The owner reserves the right at any time without notice to revise the hire charges provided that the owner provides to the hirer written notice of such a revision in the hire charges and the hire charges will be revised in accordance with such notice from the date of the giving of such notice.