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2025 Equipment Rental Agreement 

2025 Equipment Rental Agreement 

Thank you for renting with MIT. To make the process more efficient, we require our rental agreement to be signed with the first rental of the calendar year and will remain valid for any subsequent rentals until the following year.
8Questions
  • 1
    Your company Name
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  • 2
    Authorized signer for company
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  • 3
    Please Select
    • Please Select
    • Afghanistan
    • Albania
    • Algeria
    • American Samoa
    • Andorra
    • Angola
    • Anguilla
    • Antigua and Barbuda
    • Argentina
    • Armenia
    • Aruba
    • Australia
    • Austria
    • Azerbaijan
    • The Bahamas
    • Bahrain
    • Bangladesh
    • Barbados
    • Belarus
    • Belgium
    • Belize
    • Benin
    • Bermuda
    • Bhutan
    • Bolivia
    • Bosnia and Herzegovina
    • Botswana
    • Brazil
    • Brunei
    • Bulgaria
    • Burkina Faso
    • Burundi
    • Cambodia
    • Cameroon
    • Canada
    • Cape Verde
    • Cayman Islands
    • Central African Republic
    • Chad
    • Chile
    • China
    • Christmas Island
    • Cocos (Keeling) Islands
    • Colombia
    • Comoros
    • Congo
    • Cook Islands
    • Costa Rica
    • Cote d'Ivoire
    • Croatia
    • Cuba
    • Curaçao
    • Cyprus
    • Czech Republic
    • Democratic Republic of the Congo
    • Denmark
    • Djibouti
    • Dominica
    • Dominican Republic
    • Ecuador
    • Egypt
    • El Salvador
    • Equatorial Guinea
    • Eritrea
    • Estonia
    • Ethiopia
    • Falkland Islands
    • Faroe Islands
    • Fiji
    • Finland
    • France
    • French Polynesia
    • Gabon
    • The Gambia
    • Georgia
    • Germany
    • Ghana
    • Gibraltar
    • Greece
    • Greenland
    • Grenada
    • Guadeloupe
    • Guam
    • Guatemala
    • Guernsey
    • Guinea
    • Guinea-Bissau
    • Guyana
    • Haiti
    • Honduras
    • Hong Kong
    • Hungary
    • Iceland
    • India
    • Indonesia
    • Iran
    • Iraq
    • Ireland
    • Israel
    • Italy
    • Jamaica
    • Japan
    • Jersey
    • Jordan
    • Kazakhstan
    • Kenya
    • Kiribati
    • North Korea
    • South Korea
    • Kosovo
    • Kuwait
    • Kyrgyzstan
    • Laos
    • Latvia
    • Lebanon
    • Lesotho
    • Liberia
    • Libya
    • Liechtenstein
    • Lithuania
    • Luxembourg
    • Macau
    • Macedonia
    • Madagascar
    • Malawi
    • Malaysia
    • Maldives
    • Mali
    • Malta
    • Marshall Islands
    • Martinique
    • Mauritania
    • Mauritius
    • Mayotte
    • Mexico
    • Micronesia
    • Moldova
    • Monaco
    • Mongolia
    • Montenegro
    • Montserrat
    • Morocco
    • Mozambique
    • Myanmar
    • Nagorno-Karabakh
    • Namibia
    • Nauru
    • Nepal
    • Netherlands
    • Netherlands Antilles
    • New Caledonia
    • New Zealand
    • Nicaragua
    • Niger
    • Nigeria
    • Niue
    • Norfolk Island
    • Turkish Republic of Northern Cyprus
    • Northern Mariana
    • Norway
    • Oman
    • Pakistan
    • Palau
    • Palestine
    • Panama
    • Papua New Guinea
    • Paraguay
    • Peru
    • Philippines
    • Pitcairn Islands
    • Poland
    • Portugal
    • Puerto Rico
    • Qatar
    • Republic of the Congo
    • Romania
    • Russia
    • Rwanda
    • Saint Barthelemy
    • Saint Helena
    • Saint Kitts and Nevis
    • Saint Lucia
    • Saint Martin
    • Saint Pierre and Miquelon
    • Saint Vincent and the Grenadines
    • Samoa
    • San Marino
    • Sao Tome and Principe
    • Saudi Arabia
    • Senegal
    • Serbia
    • Seychelles
    • Sierra Leone
    • Singapore
    • Slovakia
    • Slovenia
    • Solomon Islands
    • Somalia
    • Somaliland
    • South Africa
    • South Ossetia
    • South Sudan
    • Spain
    • Sri Lanka
    • Sudan
    • Suriname
    • Svalbard
    • eSwatini
    • Sweden
    • Switzerland
    • Syria
    • Taiwan
    • Tajikistan
    • Tanzania
    • Thailand
    • Timor-Leste
    • Togo
    • Tokelau
    • Tonga
    • Transnistria Pridnestrovie
    • Trinidad and Tobago
    • Tristan da Cunha
    • Tunisia
    • Turkey
    • Turkmenistan
    • Turks and Caicos Islands
    • Tuvalu
    • Uganda
    • Ukraine
    • United Arab Emirates
    • United Kingdom
    • United States
    • Uruguay
    • Uzbekistan
    • Vanuatu
    • Vatican City
    • Venezuela
    • Vietnam
    • British Virgin Islands
    • Isle of Man
    • US Virgin Islands
    • Wallis and Futuna
    • Western Sahara
    • Yemen
    • Zambia
    • Zimbabwe
    • Other
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  • 4
    *Lessee must have a Credit Terms Agreement with MIT. Inc to be eligible for rental services. *All rentals are subject to a deposit of up to 2 months of rental charges which must be received prior to equipment leaving Lessor facility. Once equipment is returned, if Lessee's account is current, the deposit will be refunded. See "Return of Rental Equipment" for more details. Lessee may also elect to use the deposit toward account balance. *Rental charges will begin on the date of arrival at "ship to" location on invoice and will stop when equipment is received back at Lessor facility. *Rentals are charged on a per day basis up to 25 days in a calendar month. *Lessee is responsible for all shipping charges to and from their locations. Initial shipping will be on the first invoice. Any equipment returned on Lessor shipping account without prior authorization will be invoiced to customer with an additional $25 or 15% fee, whichever is greater. *Rental rates are subject to change mid term. Lessor may offer a temporary discount *Lessee agrees to hold harmless, indemnify and defend Lessor, its officers, employees and agents from and against any and all claims, damages, liabilities, cost, and expenses (including attorney’s fees) arising out of or in connection with: A.    Lessee’s use operation, or possession of equipment B.    Any breach of this agreement by Lessee C.   Any damage, injury, or death resulting from Lessee use of the equipment, regardless of fault or negligence. *Consumable items are for purchase only. Unused/unopened purchased consumables are subject to a 25% restocking fee. Partially used items will not be refunded. Nonstandard consumables that are special ordered are not refundable. You can identify these items by an -NS at the end of item code.
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    *Lessee agrees to immediately notify Lessor should any equipment service needs arise. *No repair/service work will be undertaken by Lessee. All service needs must be completed by Lessor technicians. Lessee assumes responsibility for return and replacement shipping charges. *If equipment goes down during rental please contact Lessor ASAP, Lessor will terminate rental charges on the equipment to be serviced once it is returned to Lessor and a replacement will be sent out as availability allows. It is the Lessee's responsibility to update the shipping address if it has changed from the original order and will be responsible for any shipping change charges incurred during transit unless otherwise deemed. *For any malfunction or damage due to repairs not completed by Lessor, or improper use, Lessor reserves the right to charge the Lessee to replace or repair equipment back to factory specifications. See "Lost/Damaged/Stolen Equipment" for more details.
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    *Lessee is responsible for the return of all rental equipment. All power supplies MUST be returned FREIGHT. If freight shipment is not utilized, there is a $500 fee plus any repairs or replacement needed. *Lessee is responsible for all shipping charges to and from their locations. Any equipment returned on Lessor's shipping account without prior authorization will be invoiced to customer with an additional $25 or 15% fee, whichever is greater. *Rental fees will terminate upon equipment's arrival at Lessor location and a final rental invoice will be generated. *A full inspection is completed within 14 days of rental return. If equipment has been deemed improperly used causing damage or excessive wear and tear, Lessor reserves the right to charge the Lessee for repairs to bring equipment back to factory specifications. If equipment is damaged beyond repair, customer is responsible for replacement cost. See "Lost/Damaged/Stolen Equipment" for more details.
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    *Lessee is responsible for the complete return of all rental equipment and accessories included. Rental equipment is identified as MIT property and while in customer care should not be modified esthetically or mechanically. Any modifications or user personalization will be at Lessee expense upon the return inspection. In the event the equipment is not returned or irreparably damaged, Lessee is responsible for full payment of the equipment based on the retail price of the equipment at the date of loss. Depreciation of value will not be applied. If an exact replacement is not available, Lessor will determine an equivalent current option. Rental charges will not be refunded or reduced for lack of notification of lost equipment. *Lessee agrees to maintain, at their own expense, insurance coverage sufficient to cover the full replacement cost of the equipment in the event of damage, theft, or loss. Lessee must provide Lessor with proof of such coverage prior to taking possession of the equipment. The insurance policy must name Lessor as an additional insured party.
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  • 8
    By signing you have read, understood, and agree to all terms and conditions of this Agreement and if any questions are had, they will contact MIT immediately. This agreement will cover any equipment rental in the current calendar year.
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