Common use of LATE RETURN FEE Clause in Contracts

LATE RETURN FEE. Returns are available between 8a-10am, with a 30 minute grace period. If the Equipment is returned after 10:30 A.M., a late fee of $500 will be charged. Any equipment returned after 12:30pm will be charged a full day’s rent for that day, and a full day’s rent shall be charged for each day thereafter that the Equipment is not returned by 10:30 A.M. The period commencing with the Rental Start Date and ending on the Return Date is sometimes hereinafter referred to as the term of this Agreement.

Appears in 2 contracts

Sources: Equipment Rental Agreement, Equipment Rental Agreement