1. Rental period
- The rental starts on the delivery date and ends at 3:00 pm on the day before the agreement's anniversary, unless AMR Technosoft specifies otherwise.
- If damage or theft makes the equipment unrentable, the rental ends when the customer replaces the equipment or pays the replacement invoice.
2. Payment
- The customer pays the rental charge and any related charges listed in the Rental Agreement.
- Rentals under one month: payment is due before delivery, unless a trading account has been set up.
- Rentals over one month: the first payment follows the rule above; later payments are due on receipt of an AMR invoice.
- Early returns generally do not earn a credit.
- Trading accounts not settled by the 20th of the following month may incur interest at 2.0% per month.
- If AMR uses an agent to collect equipment or debts, the customer covers the collection costs.
3. Custody
- The equipment remains AMR's property. The customer may not sell, exchange, pledge or give up possession of it.
- The customer may not service or repair the equipment, or deface or remove its identification.
- The customer must report any loss or damage immediately, and is responsible for safe custody and liable for loss, theft or damage. Proof of insurance may be requested.
- AMR decides the cost to repair or replace the equipment, plus lost rental revenue.
4. Delivery & return of equipment
- The customer bears the cost and liability for delivery and return. If needed, AMR will ship the equipment at the customer's expense.
5. Warranty
- AMR warrants that the equipment works according to the manufacturer's specifications.
- AMR is not responsible if the equipment does not perform the task the customer rented it for.
- AMR will repair or replace faulty equipment at its own expense as soon as possible. Work caused by anything other than hardware failure is charged to the customer.
6. Assignment
- The customer may not transfer the agreement or its rights to any other party.
7. Default
- AMR may enter the customer's premises and repossess the equipment if it is damaged or at risk, the agreement has been breached, the customer has become insolvent or bankrupt, or charges are overdue.
8. Right of inspection
- The customer must allow AMR to inspect the equipment at the customer's premises at a reasonable time.
9. Liability
- AMR is not liable for consequential losses caused by equipment failure or by AMR's breach of the agreement.
- The customer indemnifies AMR against claims arising from use of the equipment during the agreement term.
10. Intellectual property
- All intellectual property rights, including copyrights, patents and trademarks, are reserved. Infringing copies must be destroyed at the customer's expense.
11. Data security
- Where possible, AMR scans for viruses and reformats hard disks before rental to protect customer data.
- The customer agrees not to hold AMR responsible for losses if this service is omitted.
Questions about this policy?Email rental@amrtechnosoft.com or call +91 85272 40222.