Common use of Payment for rental Clause in Contracts

Payment for rental. (a) The Hirer agrees to pay the Owner the hire fee specified in the Schedule ("Hire Fee") for the Vehicle for the Hire Period, which includes any applicable GST. (b) The Hire Fee must be paid to the Owner prior to or on the commencement date of the Hire Period. (c) The Hirer also agrees to pay the other amounts, set out in schedule 2, calculated in accordance with the price list and any duties, fees, outgoings, penalties, fines, demands, charges or costs imposed by any authority on or in connection with this agreement or the Hirer’s hiring of the Vehicle. (d) The Hirer authorises the Owner to complete any documents necessary or desirable to enable the Hirer to make any payments through any credit card system. (e) The Hirer acknowledges that a copy of their nominated bank card is kept on file during their hire period. (f) The Hirer acknowledges that any costs incurred during the hire period will be deducted from their nominated bank card. This includes but is not limited to insurances excesses, vehicles damages, infringements, fines, tolls, refuelling charges and administration fees. (g) The Hire Period may be extended but only with the prior approval of the Owner. Additional rental fees may apply. (h) All payments are processed in Australian dollars. The Owner does not accept cash for payment of the Hire Fee or any other fee, deposit or bond. (i) International credit cards may attract a international transaction fee from your financial institution. (j) The Hirer agrees to pay additional credit card fees as disclosed by the Owner. (k) A security bond is required to be held by the Owner to a credit card or debit card held in their own name. A pre-authorisation will be made on your chosen debit or credit card with the funds being held by your financial institution. Depending on the level of cover you choose, this amount can range from $1 up to $1000. Upon safe return of the Vehicle, the Owner will cancel the pre- authorisation. Please note that the release of these funds is the responsibility of your financial institution and times may vary.