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Home ยป Terms & Conditions

TERMS AND CONDITIONS
 

1) Title remains with Industrial Resources at all times. Lessee will keep the equipment free of all liens, levies and encumbrances.
 

2) Monthly rental fees will be invoiced by Industrial Resources on terms of Net 30 Days. Rentals will be shipped FOB our facility and must be returned prepaid and insured to Industrial Resources. Customer is responsible for all taxes and government charges in connection with the rental, purchase, possession or use of the equipment. Upon demand, customer must surrender equipment to Industrial Resources if payment has not been received per above terms.

3) Rentals shall begin the date of original shipment and shall continue until equipment is received by Industrial Resources, whether or not Lessee has issued additional purchase orders to cover the rental period.
 

4) If within 72 hours of scheduled shipment date, Customer issues a change order which, or in any other way, causes delay or cancels an order, Customer will be charged all shipping, handling, and calibration charges incurred by Industrial Resources as a result of the change, plus a restocking charge at 25% of the monthly rental amount. After equipment has been shipped, Customer shall be responsible for the full rental amount for the agreed rental term.
 

5) Unless Lessee gives Industrial Resources written notice of any defect within three days after receipt of a rental item it shall be conclusively presumed that the item was delivered in good condition and customer is liable for the full rental charge.
 

6) INDUSTRIAL RESOURCES DOES NOT MANUFACTURER ANY EQUIPMENT. WARANTEES ARE ONLY THOSE OF THE MANUFACTURER. INDUSTRIAL RESOURCES WARRANTS THAT SUPPLIED EQUIPMENT MEETS MANUFACTURER'S SPECIFICATIONS. NO OTHER WARRANTY EXPRESSED OR IMPLIED, INCLUDING WITHOUT LIMITATION NO WARRANTY OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE, OR THAT THE EQUIPMENT DOES NOT INFRINGE UPON ANY PATENT OR PROPERTY RIGHT OF ANY THIRD PARTY. Industrial Resources’ sole responsibility shall be to repair or replace equipment which is defective. If Industrial Resources determines that neither of these options is reasonable, to cancel the order with no further obligation to customer. Customer shall indemnify and hold Industrial Resources harmless from any and all claims and actions asserted against Industrial Resources for injury to persons and/or property related to any use of the equipment. In no event shall Industrial Resources, its contractors, or suppliers be liable for special, incidental, indirect or consequential damages ( including loss of data, lost profits, downtime costs, or loss of cover ) regardless of whether such claims are based on contract, warranty, tort, or any other legal theory, even if advised of the possibility of such damages. The remedies in these terms and conditions are the customer’s sole and exclusive remedies
 

7) It is the Lessee's responsibility to return equipment to Industrial Resources in the same condition in which it was received, normal wear and tear excepted. Manuals, cables, and other accessories which are not returned will be billed at current replacement costs. Lessee is responsible for loss or damage to equipment from theft, mysterious disappearance, fire or any other cause. Lessee agrees to pay Industrial Resources new replacement cost of any such equipment which Lessee is for any reason unable to return to Industrial Resources. Lessee agrees that rental charges will continue until equipment is returned to Industrial Resources or Lessee reimburses Industrial Resources for the new replacement cost of the equipment.
 

8) In the event of default by Lessee of any of the above terms and conditions, Industrial Resources shall be entitled to the immediate possession of this equipment.
 

9) The rights and liabilities of the Lessee and Industrial Resources shall be determined in accordance with California law. Lessee agrees that the proper venue for any legal proceeding concerning the rental shall be the County of Orange, State of California. Lessee shall pay to Industrial Resources all costs and expenses, including reasonable attorneys' fees, incurred by Industrial Resources in exercising any of its rights or remedies with regard to the rental or enforcement of any of these terms and conditions.

INDUSTRIAL RESOURCES and IR are registered trademarks of Jordan-Taylor, Inc., Registered in U. S. Patent and Trademark Office
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