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Dwight Crane Ltd.
Equipment Lease Form DCR 309
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Initial:
STANDARD TERMS AND CONDITIONS
Equipment Lease Form DCR 309
The parties hereto agree as follows:
1. LEASE
The Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor, the Equipment
2. TERM
The term of this Lease respecting the Equipment commences on the date and time the Equipment is delivered to
the Lessee. The term of this Lease ends on the date designated.
3. BOOKING AND CANCELLATION
Booking is not confirmed until the Lessor is in receipt of a purchase order by fax or otherwise. Unconfirmed
bookings will be given first right of refusal provided the Lessee can be reached and is able to make a decision
within two hours. Weekday cancellations of confirmed bookings will be accepted upon 24 hours written notice.
Weekend cancellations of confirmed bookings will be accepted upon 24 hours written notice for Saturday and 48
hours written notice for Sunday. Notwithstanding the above, cancellation charges will be payable by the Lessee if
the Equipment is in transit or already delivered and will consist of the above rates including the rate for the
Equipment and delivery of same.
4. DELAYS AND WAITING TIME
All delays and waiting time will be invoiced at the advertised rates.
5. RENT
The rent for the Equipment shall be the amount designated. Lessee shall pay the Lessor rent in advance at the
office of the Lessor or upon receipt of an invoice. Interest will be charged on overdue accounts at the rate of 8%
per annum.
6. USE AND LOCATION
Lessee shall ensure that the Equipment is operated by personnel that hold current licenses and/or certificates to
match the equipment leased as required by law, under the Occupational Health & Safety Act (Ontario) and any
other applicable laws and standards, as well as those required by the Manufacturer. The Lessee shall use the
Equipment in a safe and proper manner, as specified in the Manufacturer’s Operator’s Manual and solely for the
purpose which said Equipment was manufactured and intended. The Equipment shall be used only at the
Equipment delivery location, unless the prior written consent of the Lessor is obtained.
Equipment Lease Form Template
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