Terms & Conditions
1. - OBJECTIVE OF THE RENTAL CONTRACTSatNav Rental S.L. (hereby referred to as "THE OWNER") enters into contract to temporarily rent the equipment, referred to as "THE EQUIPMENT", indicated overleaf with a market value of €400 inc. IVA., to the "HIRER"THE HIRER receives the items described above in perfect condition, in their entirety and to THE HIRER'S satisfaction.
2. - USAGE
The correct usage of the EQUIPMENT rented in this contract is road and city orientation.
3. - PERIOD OF THE AGREEMENT
The length of this contract is indicated in section 4 overleaf, commencing from the date of signing this contract and terminated after said period expires. By virtue of the aforementioned, THE HIRER is obliged to deliver the EQUIPMENT upon expiration of this contract and shall not keep the EQUIPMENT under no circumstances, except with express consent having been granted in writing by THE OWNER.
4. - PAYMENT TERMS
Both parties agree that the rental amount due by THE HIRER indicated in section 4 overleaf, which is payable in advance to THE OWNER either in cash, by Visa card or deposited in the current account No.0075 0646 11 0600582936 of Banco Popular.
5. - DEPOSIT
THE HIRER authorises THE OWNER to reserve the amount of €150 from the Visa credit card indicated in section 5 overleaf for the duration of the rental period as deposit. This amount will be credited at the end of the rental period upon the return of the EQUIPMENT of this contract in the same conditions in which it was received.
In the case of the EQUIPMENT being returned faulty or damaged or not returned for whatever reason, THE OWNER, will use the amount of this deposit to cover repair, replacement, claims and out-of-pocket expenses. In the case of said expenses exceeding the amount of the deposit, THE HIRER authorises THE OWNER to debit the same credit card as mentioned in section 5 overleaf with a maximum amount equal to the "market value" indicated in clause 1, plus possible additional out-of-pocket expenses.
6. - PURCHASE OPTION
THE HIRER has the option to purchase the goods rented in this contract. In the case that THE HIRER wishes to exercise this right, THE HIRER must communicate this intention in writing at least 1 day prior to the expiration of this current contract, acknowledging the purchase price being the difference between the payment made for the rental contract and the market value of the goods as indicated in clause 1. By exercising this purchase option THE HIRER automatically authorises THE OWNER to debit this amount from the credit card supplied in section 5 overleaf for the deposit.
7. - LIABILITY
THE HIRER recognises that the EQUIPMENT remains the exclusive property of THE OWNER and therefore cannot dispose of, damage, give away, subcontract or carry out any activities that may directly or indirectly affect this rental agreement.
a) - In the event of loss or damage of the EQUIPMENT by whatever cause, THE HIRER will immediately advise THE OWNER of said circumstances. In the event of the loss or damages being attributed to THE HIRER, the repair or complete replacement cost of the EQUIPMENT according to its value indicated in clause 1 will be charged to THE HIRER
b) - In the event of an accident caused by natural forces, the damages caused to THE HIRER's belongings by the EQUIPMENT will be the sole responsibility of THE HIRER. THE HIRER is obliged to cover the costs of the resulting damages and will not make any financial claims against THE OWNER who will not compensate THE HIRER for said damages.
c) - THE OWNER is fully indemnified from loss, damage or injury (including death) to persons or property occurring in connection with any of the said EQUIPMENT or as a result of the use thereof.
d) - THE OWNER accepts no liability in contract or tort for any loss, injury or damage, (including consequential or financial loss) sustained by reason of latent, apparent or patent defects in the EQUIPMENT, parts or consumables. This does not apply to death or personal injury as a direct result of the OWNERS negligence.
e) - THE HIRER is obliged to take care of and protect the EQUIPMENT supplied in this rental contract from the time of receipt of the goods and during the rental period and any extension thereof.
8. - ??? REQUIRES HEADING ???
If THE HIRER wishes to extend the rental period for longer than agreed in this contract, he/she must give 1 days notice prior to the expiration of this contract, requesting in writing the extension period required indicating his/her desire to extend this contract on the same conditions. If THE HIRER does NOT notify THE OWNER in writing of his/her desire to extend the present contract, the goods must be returned to THE OWNER on the date and location specified by THE OWNER. Failure to comply with this will result in a €20 + IVA per day penalty for a period of a maximum of 7 days, which both parties are in agreement. This penalty will be deducted from the deposit as outlined in clause 5.
From the 8th day overdue, it will be deemed as a non-return of the rental goods and THE OWNER will proceed to debit the credit card with immediate effect as per clause 5 for the full market value of the EQUIPMENT.
9. - EARLY CANCELLATION
With exception to the previous clauses, this present contract may be terminated early in the following cases:
a) - Breach of the obligations of either parties of their responsibilities established in this contract.
b) - For any other cause established by the Law.
10. - PENALTIES
In the event of THE HIRER terminating this contract prior to the established rental period indicated, THE HIRER must immediately return the EQUIPMENT and remains liable for the rent of said EQUIPMENT until the pre-established date of expiry of the rental contract.
11. - JURISTRICTION
For matters not outlined in the present contract, both parties will be bound by Civil Law.