Sex Machine Rental Terms

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This Equipment Rental Agreement (“Agreement”) is made between the below-indicated Renter and the and the Sexology Institute, LLC, (“Institute”) (collectively referred to as the “Parties”).

 

The Parties agree as follows:

1. EQUIPMENT: Institute leases to Renter the following equipment (the “Equipment”): sex machine, power cord, controller box.

2. PAYMENT: Renter agrees to pay to Institute as rent for the Equipment in advance.

3. LATE CHARGES: Renter agrees to accept only 50% of the security deposit refunded if returned after 1 pm on the return date, and to sacrifice the entire deposit if returned after 2 pm on the return date. 

4. SECURITY DEPOSIT: Prior to taking possession of the Equipment, Renter shall deposit with Institute, a security deposit of $200 as security for the performance by Renter of the terms under this Agreement and for any damages caused by Renter or Renter’s agents to the Equipment during the Rental Term. Institute may use part or all of the security deposit to repair any damage to Equipment caused by Renter or Renter’s agents. However, Institute is not just limited to the security deposit amount, and Renter retains liable for any balance. In the event Institute is unable to re-rent the Equipment due to actions of the Renter, Institute may at its option hold Renter liable for the full replacement value of the equipment. Renter agrees to provide Institute with a copy of Renter's credit card and driver's license.

5. POSSESSION AND SURRENDER OF EQUIPMENT: Renter shall be entitled to possession of the Equipment on the commencement of the Rental Term. At the expiration of the Rental Term, Renter shall surrender the Equipment to Institute by delivering the Equipment to Institute in good condition and working order, as it was at the commencement of the Agreement.

6. CONDITION OF EQUIPMENT AND REPAIR: Renter has observed Institute’s agent clean Equipment prior to delivery. Renter has inspected the Equipment and acknowledges that the Equipment is in good and acceptable condition. Any defects or damages prior to delivery to Renter shall be noted and acknowledged by Renter and Institute.

7. MAINTENANCE, DAMAGE AND LOSS: Renter will, at Renter's sole expense, keep and maintain the Equipment clean and in good working order during the Rental Term. In the event the Equipment is lost or damaged beyond repair, Renter shall pay to Institute the replacement cost of the Equipment

8. GOVERNING LAW: This Agreement shall be governed by and construed in accordance with the laws of the State of Texas.

9. ENTIRE AGREEMENT: This Agreement constitutes the entire agreement between the Parties and supersedes any prior understanding or representation of any kind preceding the date of this Agreement. There are no other promises, conditions, understandings or other agreements, whether oral or written, relating to the subject matter of this Agreement. This Agreement may be modified in writing and must be signed by both Institute and Renter.

10. INDEMNIFICATION: Renter, to the extent permitted by law, will indemnify and hold Institute and Institute’s property, free and harmless from any liability for losses, claims, injury to or death of any person, including Renter, or for damage to property arising from Renter using and possessing the Equipment or from the acts or omissions of any person or persons, including Renter, using or possessing the Equipment with Renter’s express or implied consent.