| Rates | Rates are based on a maximum of 8 hours per day and 160 hours per month (1 month = 30 calendar days). Excess hours will be charged at the hourly rate. |
| Terms | Payment is due 30 days after the rental billing. Interest at 1.5% per month will be charged beginning 60 days after the rental billing.. |
| Daily Charges | A day of rent will be charged for each weekday that the equipment is in the RENTER'S possession. Rent stops when the equipment has been returned to the yard of ISCO MACHINERY INC. unless other written arrangements are made. |
| Hauling | The renter pays hauling costs to and from the job site. |
| Insurance | The renter must provide ISCO Machinery Inc. with a certificate of insurance covering comprehensive fire and theft and general liability on rented equipment. ISCO Machinery Inc. is to be named loss payee and additional insured. |
| Preliminary Notice | ISCO Machinery Inc. will normally file a preliminary notice on the job site where the equipment is used (to establish lien rights) unless other arrangements are made. |
| Indemnification Risk of Loss | RENTER agrees to indemnify, defend and hold harmless ISCO Machinery Inc.., its employees, its clients and its affiliates from all liabilities, losses, damages, demands, claims, suits, costs and expenses including reasonable legal fees and other expenses of litigation in any way arising out of or related to this rental. RENTER'S violation of law or regulation and/or RENTER'S negligence or other fault, or that of its agents, or employees, or subcontractors, except for that portion of any losses which are solely attributable to the negligence or willful misconduct of ISCO Machinery Inc. This indemnity specifically covers any claims asserted by RENTER'S employees for personal injury or other loss. |
| Servicing | The renter is responsible for servicing rental equipment according to the manufacturer's service recommendations. Daily lubrication of grease zirks, daily checks of oil and coolant levels, oil and filter changes, checks for leaks and inspection of the machine for abnormal conditions are required. |
| 250+ Hour Servicing | The customer will be charged should a machine be returned to our yard, or discovered in the field to have 250+ hours from the last time the machine was serviced. 250+ hours calculated from the time the customer received the machine or the last time the machine was serviced which ever is less. Charges are as follows: For machines returned to the yard there will be a flat charge for the 250 hour service, and a prorated per hour charge for all hours over 250. For machines in the field there will be a flat charge for the 250 hour service, and a prorated per hour charge for all hours over 250, including .75 cents per mile each way, and $55 per hour travel time for each man needed to perform the in field service. |
| Contract Servicing | For a specified charge, based on the particular machine and distance from the yard, ISCO Machinery Inc. will contract with renter to perform the required 200 hour monthly machine service. Ask the equipment dispatcher for service rates. |
| Damage | RENTER is responsible for the rental equipment, and will be charged for damage due to abuse, neglect, collision, upset and/or wear from use in extreme conditions. When a machine is damaged your current rental charges will be ongoing until the necessary repairs have been completed, and the machine is ready for rental. |
| Repairs | ISCO Machinery Inc. is responsible for all repairs required as a result of normal wear and use, as defined by ISCO Machinery Inc. When a machine is damaged, your current rental charges will be ongoing until the necessary repairs have been completed, and the machine is ready for rental. |
| Edges and Points | The renter is required to replace points and cutting edges before damage is done to the machine. |
| Track type Tractors | Track type tractors are not to be used in ROCK or WATER. In addition to the normal rental charges; You will be charged between $1.50 to $45.90 per hour of use for equipment found to have excess undercarriage wear, plus any other damage. |
| Water Trucks | Water trucks must be hauled to and from the job site on a licensed vehicle. Water trucks are not insured as licensed vehicles to be operated on roadways; only as special equipment operated off highway. |