Terms and Conditions of Loan:
- The owner will lend the equipment to the borrowing organization on the terms and conditions of this agreement.
- The loan period may be extended by mutual consent of both parties.
- No variation or amendment of this agreement will be effective unless it is made in writing, this can be by email.
Collection and Delivery of Equipment
- The borrower must arrange a mutually convenient time to collect the equipment on the first on the first day of the loan period and to return it on the last day of the loan period. The mutually convenient time has been established as a meeting and training on using the equipment. Return will need to be determined.
Payment
- The equipment is to be loaned free of charge; however, the borrower is fully responsible for the charge if any of the equipment is lost, damaged or stolen.
Title and Risk
- Title and all right to the equipment shall at all times remain with the owner of the equipment. The borrowing organization acknowledges that it has no right, title, or property in the equipment.
- The owner will have the equipment checked to ensure it is fit for purpose prior to collection.
- Risk of any loss or damage to the equipment will become the responsibility of the borrowing organization upon it leaving the owners possession and shall not revert back to the owner until the equipment is back on the owners premises located at NEWAHEC (Northeastern Wisconsin Area Health Education Center), 621 York Street St. Manitowoc, WI 54220.
Owners Obligations
- Provide the borrowing organization with operating, maintenance, and servicing instructions as appropriate.
- Provide the necessary information about the training requirements for the correct use of the equipment.
- Ensure the equipment has undergone the checks detailed in ‘Title and Risk’ point 2.
The borrowing organizations undertakings
The organization borrowing the equipment agrees that during the loan period it shall:
- Keep the equipment in its possession and control and ensure that it is secure against loss, damage and theft.
- Operate the equipment in accordance with operating instructions issued for it and for the purpose it was designed.
- Ensure that the equipment is used by an appropriate skilled and trained member of staff.
- Any required maintenance and repairs of equipment shall be preformed by approved personal. Ensure that relevant Health and Safety regulations are met at all times.
- Keep the equipment in good working order.
- Ensure that Identification marks or labels on the equipment are not removed, defaced, amended, and obscured including those which identify the equipment as belonging to the owner.
- The equipment will not be modified without first obtaining the owners written approval.
Insurance
In the event of the equipment being lost or damaged:
- The borrower organization agrees to pay the replacement cost as indicated: $500 per ID scanner.