Common use of The Hirer acknowledges Clause in Contracts

The Hirer acknowledges. a. Subject to sub-clause 11(b), although Wilderness does not require payment of a bond at the commencement of the Rental Period, if at any time during the Rental Period the Vehicle or third party property is damaged (Speci- fied Damage) regardless of who is at fault, the Hirer agrees to immediately pay a bond equal to the applicable insurance excess, the amount of such excess being dependent on whether a Liability Reduction Option was taken up by the Hirer. The bond is to cover the Specified damage to the Vehicle or third party property. Unless other arrangements acceptable to Wilderness are made, the required bond payment will be deducted from the Hirer’s provided credit card. The bond payment will be used by Wilderness to put the Vehicle back in the same condition it was in at pick up, repair any third party property damage or pay any other amounts payable to Wilderness by the Hirer. Any surplus not utilized for such purposes will be credited to the credit card provided by the Hirer or (if paid by bank transfer, eftpos or other electronic payment method pursuant to clause 11(b)) returned to the Hirer. b. Notwithstanding sub-clause 11(a), any Hirer who is unable to provide Wilderness with a credit card to debit as security for its obligations under this agreement, must pay a bond to Wilderness for the same purpose at the commencement of the Rental Period, such bond to be either: i. Equal to the applicable insurance excess, the amount of such excess being dependent on whether a Liability Reduction Option was taken up by the Hirer; or ii. Where the VIP Liability Reduction Option has been taken up by the Hirer, the sum of $500,

The Hirer acknowledges. a. Subject to sub-clause 11(b), although Wilderness does not require payment of a bond at the commencement of the Rental Period, if at any time during the Rental Period the Vehicle or third party property is damaged (Speci- fied Specified Damage) regardless of who is at fault, the Hirer agrees to immediately pay a bond equal to the applicable insurance excess, the amount of such excess being dependent on whether a Liability Reduction Option was taken up by the Hirer. The bond is to cover the Specified damage to the Vehicle or third party property. Unless other arrangements acceptable to Wilderness are made, the required bond payment will be deducted from the Hirer’s provided credit card. The bond payment will be used by Wilderness to put the Vehicle back in the same condition it was in at pick up, repair any third party property damage or pay any other amounts payable to Wilderness by the Hirer. Any surplus not utilized for such purposes will be credited to the credit card provided by the Hirer or (if paid by bank transfer, eftpos or other electronic payment method pursuant to clause 11(b)) returned to the Hirer. b. Notwithstanding sub-clause 11(a), any Hirer who is unable to provide Wilderness with a credit card to debit as security for its obligations under this agreement, must pay a bond to Wilderness for the same purpose at the commencement of the Rental Period, such bond to be either: i. Equal to the applicable insurance excess, the amount of such excess being dependent on whether a Liability Reduction Option was taken up by the Hirer; or ii. Where the VIP Liability Reduction Option has been taken up by the Hirer, the sum of $500,, such bond payment to be made in cleared funds by bank transfer, eftpos or other electronic payment method acceptable to Wilderness at least seven days prior to pick up, or other timing acceptable to Wilderness.