RENTAL TERMS AND CONDITIONS
hereof, and LESSEE agrees to pay the specified rental charges upon receipt of invoice.
location other than the address shown herein, nor permit any others to use the Equipment without LESSOR’s
of Chicago transaction tax if applicable or registration fees levied or based upon the rentals, or the Equipment, or
the use or the operation thereof.
LESSEE’s qualified personnel and to prohibit anyone other than LESSOR’s authorized personnel to repair or
adjust the Equipment and to notify LESSOR immediately of accidents, disabilities, failures or like information
concerning the Equipment. LESSEE further agrees to pay for all damage to the Equipment resulting from
improper use or abuse of the Equipment upon receipt of invoices therefore from LESSOR for LESSOR’s costs
and expense of repair. LESSEE shall take care of normal needs of the Equipment, including supplying fuel, oil
and water, daily checking of general condition, including oil level, cooling system, water and batteries, recharging
batteries, furnishing LP gas, fuel and cylinders, etc. LESSOR will service and maintain the Equipment in proper
working condition and LESSEE agrees to make it available for servicing by LESSOR at reasonable times during
LESSOR’s business hours. In the event that LESSEE requires service at times other than LESSOR’s business
hours, LESSEE agrees to pay the difference between the straight time and overtime rate for mechanic’s time.
failure to repair the Equipment if disabled or furnish substitute Equipment for any other reason whatsoever and
that LESSOR in no event is or shall be liable for special or consequential damages of any nature whatsoever or
to a location other than that shown on the reverse side hereof without prior written consent of the LESSOR.
Contract to return at LESSEE’s expense each unit of Equipment to LESSOR’s warehouse in the same condition
as when received by LESSEE, reasonable wear and tear excepted.
all claims and liens, all loss of or damage to the Equipment and all loss, damage, claims, penalties, liability all
claims and liens, all loss of or damage to the Equipment and all loss, damage, claims, penalties, liability and
expenses, including attorney’s fees howsoever arising or incurred because of the Equipment or the storage use or
operation thereof. LESSEE, at is own expense, shall carry adequate public liability insurance against bodily
injury, including death a minimum of $100,000/300,000, and against property damage $100,000 minimum shall
keep all Equipment insured at its full insurable value against fire and theft and under extended coverage.
subject to any state or federal insolvency, bankruptcy, receivership, trusteeship or similar proceeding, or if
LESSEE shall default in any other term of this Contract, LESSOR may immediately terminate this Contract by
notice in writing to LESSEE and repossess all items of Equipment wherever thy may be found, but LESSEE shall
nevertheless remain liable for all sums than due and unpaid, plus a reasonable amount for attorney’s fees and
such expenses as may be expanded in the repossession of the Equipment. The remedies provided herein favor
of LESSOR shall not be deemed exclusive, but shall be cumulative and shall be in addition to all other remedies
in LESSOR’s favor existing at law or in equity. Any· notice hereunder shall be deemed sufficiently given if in
writing it is delivered to LESSEE, personally or sent by mail addressed to LESSEE at the address set forth upon
the reverse side hereof.
any of the Equipment, except as a LESSEE. This agreement is a true lease and at all times title to the Equipment
pursuant to this agreement is, and shall remain in, Atlas Lift Truck Rentals & Sales, Inc. Nothing contained herein
shall be construed as conveying any right, title or interest in or to any of the Equipment, except as a LESSEE.