TERMS AND CONDITIONS OF HIRE

1. DEFINITIONS:
In these terms and conditions unless context otherwise requires:
1.1 “Owner” means Ace Limited.
1.2 “Hirer” means that person or entity entering into this Agreement and when that person or entity enters into this Agreement on behalf of another person or entity, the expression includes such person or entities. This expression also extends to those claiming under or authorised by that person or entity.
1.3 “Goods” means the items described in the Schedule to this Agreement or any other item provided in substitution thereof by the Owner.

2. HIRE CHARGES
2.1 Except where arrangements have been made for terms, the Hirer must pay in full the total charges detailed on the Schedule, prior to uplifting any of the Goods.
2.2 The Hirer shall pay the amount specified as the Bond to the Owner in addition to the Hire charge, on entering into the Agreement. Such sum shall be held as a Bond as provided for in clause
2.3 of this Agreement.
2.3 The Owner shall refund the full amount of the Bond to the Hirer on the Hirer returning the Goods to the Owner in a clean condition and in good working order within the period of hire. The Hirer’s liability shall not be limited to the amounts of the Bond if the Hirer does not comply with this provision.

2.4 The Owner may notwithstanding any other term or condition of this Agreement deduct from the Bond the cost of any repairs or the cost of replacement of the Goods where the Goods have been lost, damaged or otherwise not returned in the condition in which it was hired.
2.5 Any moneys due under this agreement by the Hirer, not paid on the day for payment, shall attract penalty interest at the rate of 24 per cent per annum from the date upon which such money fell due until the actual date of payment and such interest shall be recoverable as part of the debt due by the Hirer to the Owner.

3. HIRE PERIOD
3.1 For the purpose of calculating the hire charges:
(a) Each hire day runs from the time the Goods are taken or delivered from the Owner’s premises to 11.00am on the next and subsequent days until the Goods in its entirety is returned to the Owner.
(b) Goods uplifted before 11.00am and/or returned after 10.00am in any given hire period will be charged an extra day in each case, unless prior arrangements have been made wi th the Owner.
(c) Goods returned on weekend or public or statutory holidays will remain on hire for calculation purposes until the next working day. For the purposes of this Agreement, the “next working day” shall mean the next day the Owner is open for business.

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