This DPI Loaner Agreement explains the terms for borrowing rental equipment. It outlines maintenance and warranty coverage during the rental period, responsibilities for damages, loss or theft, and requirements for insurance and timely repairs. The agreement details fees and taxes, return procedures upon termination, ownership rights, assignment restrictions, and the lessor’s right to terminate for noncompliance. It also notes that the company is not liable for incidental or consequential damages and that the terms are governed by Texas law. Late returns may incur additional charges.
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