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Haliburton County Non-Profit Places for People Corporation
Box 544 Minden ON K0M 2K0
CRA # 846245959RR0001
EQUIPMENT LOAN AGREEMENT
between
Haliburton County Non-‐Profit Places for People Corporation (Places for People)
and
______________________________________________ (Borrower)
I. Places for People Equipment Representative Name:
Address:
Phone:
Email:
II. Borrower and Equipment Information
1. Borrower Organization:
(“Borrower”)
Address:
Phone:
Email:
2. Borrower Representative Name:
Address:
Phone:
Email:
3. Loan Period: From ____________________________, 20____ to ____________________________, 20____
4. Equipment Description:
Number of 28” Traffic Cones: _______
Pyle Pro Megaphone (of 1):
_______
Number of Uniden GMR5089-‐2CKHS FRS/GMRS Radios (Sets of 2): _______
5. Used for (event):
III. Borrower Responsibilities
A. INSURANCE
The Borrower is responsible for the full cost of repair or replacement of any or all of the Equipment that is damaged, lost,
confiscated, or stolen from the time Borrower assumes custody until it has been returned to the Places for People
representative.
B. USE/DISCLAIMER
The Borrower shall be responsible for the proper use and deployment of the Equipment. The Borrower shall be responsible for
training anyone using the Equipment on the proper use of the Equipment in accordance with any Equipment use procedures.
The Borrower accepts responsibility for operating the Equipment at its sole risk. Borrower agrees to use the Equipment for
non-‐profit use only, and not for any commercial use or application.
Haliburton County Non-Profit Places for People Corporation
Box 544 Minden ON K0M 2K0 CRA # 846245959RR0001
C. DELIVERY AND RETURN OF EQUIPMENT
The Borrower shall be responsible for delivery and return transportation costs. The Equipment shall be returned to the
Equipment Representative noted in Part I above.
D. MAINTENANCE AND REPAIR
Equipment shall be returned to Places for People in as good a condition as when received by the Borrower. During the Loan
Period and prior to return, the Borrower agrees to assume all responsibility for maintenance and repair. All maintenance and
repair of Equipment shall be performed by approved personnel. Any unauthorized maintenance voids all original Equipment
warranties.
In order to confirm that the Equipment is in good working order upon its return, at Places for People’s discretion, the
Equipment may be inspected by an approved service operation. The cost of inspection and any necessary parts, repairs or
adjustments are solely the responsibility of the Borrower.
F. INDEMNIFICATION
A security deposit paid in cash or cheque is to be included with this agreement and is calculated as:
Traffic Cones:
#
Megaphone:
#
Radio (set of two):
#
TOTAL Security Deposit Amount:
x $5.00 =
x $50.00 =
x $50.00 =
The security deposit shall be refunded upon return of equipment less any costs incurred to repair, replace or retrieve the
equipment which will be documented by invoice. Any charges incurred for repair, replacement or
retrieval of the equipment over and above the amount of the security deposit shall be payable by the Borrower to the Lender
on presentation of invoice.
In consideration for the Equipment loan, the Borrower agrees to indemnify, defend and hold Places for People harmless from
any and all damages, losses, claims, causes of actions, expenses and liability of any nature whatsoever associated with its use
of the Equipment.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date set forth below.
HALIBURTON COUNTY NON-‐PROFIT
BORROWER ORGANIZATION
PLACES FOR PEOPLE CORPORATION
SIGNED
SIGNED
NAME
NAME
TITLE
TITLE
DATE
DATE
Cheque # _____________ Cheque Amount _________________ / OR Cash received amount ________________
Date equipment returned:
Equipment returned to and received by PFP (signature):
Deposit returned to and received by borrower (signature):
PFP_equipment_loan_form.pdf (PDF, 71.3 KB)
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