Jasons Music Instrument Rental Agreement
Payments will be $30.00/month for 4 months or $50.00/month for cellos and alto saxes.
This AGREEMENT is entered into on the date shown above by and between Jasons Music Center, Inc. (JMC) and the renter listed above (RENTER). Renter agrees to rent from JMC, the above-mentioned instrument under the terms described below:
1. A valid SECURING CREDIT/DEBIT CARD (Visa, Master Card, American Express) and E-mail address is required. RENTER agrees that JMC is authorized to charge to the RENTER'S SECURING CREDIT/DEBIT card, any or all monies due under any of the terms of this agreement.
2. Customer agrees to make four (4) consecutive monthly payments of $ , due and payable at the JMC office on the date above and every 30 days thereafter for three (3) months. Rental payment is subject to a $25.00 late charge if received 10 or more days after the due date.
3. RENTAL CREDIT - The 4 monthly rental payments will accumulate toward the purchase of the instrument rented.
4. RENTER further agrees, JMC is hereby authorized to charge to the RENTER'S SECURING CREDIT/DEBIT CARD the full value of the instrument, any or all monies due under the terms of this contract, plus a $25.00 processing fee, and to use any legal means to collect any balance due. JMC reserves the right to report the instrument as stolen and take whatever legal action is necessary to effect full payment. Should there be any legal action between the parties, RENTER agrees to be liable for all costs, including but not limited to court costs, and the maximum attorney’s fees permitted by law.
5. RENTER agrees to receive notices, responses, transactions and all other information related to your account via E-Mail electronic communications from JMC at the E-mail address provided above and to notify JMC of any change to E-Mail address within 7 days.
6. RENTER shall provide written notice to JMC within 7 days prior to any change in the address, telephone number, securing credit/debit card account or e-mail, as indicated on this agreement. If notice is not provided, the FULL PURCHASE BALANCE MAY BE CHARGED TO THE RENTER'S CREDIT/DEBIT CARD and/or the instrument may be reported as stolen, and RENTER may be subject to legal action.
7. RENTER authorizes JMC to verify or check any of the information given, and to obtain credit reports.
8. This contains the entire agreement of the parties concerning this rental and the rental instrument and may not be cancelled. Any oral representations or modifications of this agreement shall be of no force and effect unless contained in a subsequent written modification signed by both parties.
9. ELECTRONIC SIGNATURE. By checking the box herein, I agree that I am a signatory of this agreement, and this electronic signature is the legally binding equivalent to my handwritten signature. Whenever I execute an electronic signature, it has the same validity and meaning as my handwritten signature. I will not, at any time in the future, repudiate the meaning of my electronic signature or claim that my electronic signature is not legally binding.