Nico's Karaoke Pony

RENTAL SYSTEM CONTRACT

Nico’s Karaoke Pony

11380 SE Wood Ave.

Milwaukie, OR  97222

(503) 655-1616 Pony Line

 

                    Rental System Contract

 

Equipment rental begins on this ______________________________day of _________________________________200_______

                                                                                                                                                       

and ends on the ____________________________________________day of ________________________________ 200_______

 

The time of lease is based on a 24 hour period and shall be picked up and returned to Nico’s place of business during reasonable hours arranged by both parties.

 

Cost of the lease package is $150.00 per day and, for our security, an active credit card with at least $2500.00 available funds in case of damage or theft. 

 

There is a non refundable $25.00 deposit to hold the system for a certain date, however, it is applied to the rental cost at pick-up date.  A total of $125.00 is due on the pick-up or delivery date.  When the equipment is checked back in and there is no damage or missing or broken items, the terms of this agreement will have been fulfilled.

 

If there are any missing items, disc damage,  or if the rental system comes back in non-working or other than the way it was checked out, the lessee (person who is leasing the equipment) may then refer to the equipment description list for replacement value costs; that will then be deducted from leasing person’s  credit card or leasing person can compensate for the damage with cash.

 

Note that costs herein described are replacement value and not retail value.   Total dollar responsibility for the entire system is no more than $5,500.00.  The person who signs this contract as the person who will be leasing the equipment (the lessee)  is responsible for the entire system, including transporting it to and from Nico’s Karaoke Pony premises.

 

For an extra charge the person who is leasing the equipment (the lessee)  may have the system delivered and picked up to and from the event location.  This charge is based on the location of the event and time that it will be needed for delivery and pick up and also at the convenience of the delivering party. 

All MONIES ARE TO BE EXCHANGED OR WRITTEN TO NICO’S KARAOKE PONY (or Nico Wind).  A receipt will be provided when payment is made. 

 

GOVERNING LAW:

This lease contract shall be construed in accordance to the laws of the State of Oregon.  Nico’s Karaoke Pony hereby certifies that the information, statements and financial information submitted to lessee are true and correct.

 

ARBITRATION

Any controversy or claim relating to this lease agreement, including the construction or application of this lease, will be settled by binding arbitration under the rules of the American Arbitration Association, and any judgment granted by the arbitrator’s may be enforced in any court of proper jurisdiction.

 

Renter’s signature_________________________________________________________Date_____________

 

Printed Name ____________________________________________________________Date______________

 

Rental System Information

 

Name__________________________________________________________________________________

 

 

Address Home__________________________________________________________________________

 

City ______________________________  State ________________________zip code________________

 

Phone numbers  (_______)  ___________- ____________     /    (_______)   ____________- ____________      

 

Employer ______________________________________ Work # _________________________________

 

Work Address __________________________________________________________________________

 

 

Deposit and security:  VISA/ MASTER CARD/ ___________________________________x___________

 

Applicant Signature ___________________________________________________Date ______________

 

Address of event or where the system will be.

 ________________________________________________________________________________________

 

 

 

Amount of delivery and pick-up agreed upon for this event:    $_________________________________

 

Check-out date ____/____/____  Time____ :____  / Check back in date ____/____/____ Time ____:____

 

Equipment list for rental system

 

1. RSQ Neo E 500 Karaoke Player     $360.00

2. 261 assorted discs (approximately 4000 songs in 2 disc holder albums) and

    three song menu books, all valued at $3,915.00

 

Extra Equipment not listed: _________________________________________________________________

 

__________________________________________________________________________________________

 

__________________________________________________________________________________________

 

Replacement value added to total not listed:  __________________________________________________________________________________________

 

Total replacement value. $ 4,275.00

 

Second System

 

CAVS SCDG Player                                                                                      $   275.00

 

9 SCDG Discs (approx. 8000 songs and 2 song books)                                     $1,710.00       

   

Total Value =                                                                                               $2,000.00

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NICO'S KARAOKE PONY
11380 SE Wood Ave.
Milwaukie, OR 97222
(503) 655 1616