Hire Terms
The terms on which NLS Nile Corporation hires out plant, equipment and vehicles.
Placeholder copy. This document is an unreviewed template. Have a qualified lawyer draft or review your final terms before relying on them.
Last updated: [date]
1. Definitions
[Placeholder] Define “Owner”, “Hirer”, “Equipment”, “Hire Period” and “Site” as used throughout this document.
2. Quotations and Acceptance
[Placeholder] State how long a quotation remains valid, and at what point a booking becomes a binding contract — for example on signature of a hire agreement or payment of a deposit.
3. Hire Period and Rates
[Placeholder] Explain how the hire period is measured, the standard working day, how overtime and part-days are charged, and how weekends and public holidays are treated.
[Placeholder] Set out whether rates are wet or dry, and what mobilisation and demobilisation charges apply.
4. Delivery, Collection and Access
[Placeholder] Confirm responsibility for site access, ground conditions and any permits needed for lowbed delivery.
5. Use of the Equipment
[Placeholder] Set out permitted use, who may operate the equipment, and the prohibition on sub-hire or relocation without written consent.
6. Maintenance and Breakdowns
[Placeholder] Describe routine servicing responsibilities, the process for reporting a breakdown, and how standby or downtime is credited.
7. Loss, Damage and Insurance
[Placeholder] State the insurance carried by the Owner, the Hirer’s obligations, the excess payable and liability for loss or damage while the equipment is on site.
8. Payment Terms
[Placeholder] Set out invoicing frequency, payment due dates, accepted methods and any interest chargeable on late payment.
9. Termination
[Placeholder] Explain the notice required to end a hire early and the circumstances in which the Owner may recover the equipment.
10. Liability
[Placeholder] Set out the limits on the Owner’s liability, including exclusion of indirect and consequential loss, subject to applicable Kenyan law.
11. Governing Law
[Placeholder] Confirm that these terms are governed by the laws of Kenya and identify the forum for disputes.