DEMPA CONDITIONS FOR EQUIPMENT HIRE

  1. Interpretation
  1. The following definitions and rules of interpretation apply in these Conditions.

Affiliate(s): any person(s) which (a) Controls a Party to this Agreement; or (b) is Controlled by such Party; or (c) is Controlled by such Party as is referred to in (a), but only whilst such person(s) so Controls or is so Controlled, where Control means a person has control of another person if it has the power, directly or indirectly, (whether by means of holding shares, possessing voting power or exercising contractual powers in or over that or any other person) to ensure that its affairs are conducted in accordance with the wishes of the person holding the power. “Controls” and “Controlled” will be construed accordingly.

Agreement: any Order [,] [and] these Conditions

Business Day: a day, other than a Saturday, Sunday or public holiday in England, when banks in London are open for business.

Cancellation Period: the cancellation period set out in the Order.

Commencement Date: [[DATE] OR the Delivery Date].

Conditions: these conditions for equipment hire as amended from time to time.

Customer: the person or firm hiring the Equipment from Ding identified in the Order.

Delivery: the transfer of physical possession of the Equipment to the Customer at the Site. Delivery Date: the date for delivery of the Equipment as set out in the Order.

Ding: Ding Innovation Limited as identified as the contracting Party in the Order.

Deposit: the deposit amount set out in the Payment Schedule.

Equipment: the items of equipment listed in the Order, all substitutions, replacements or renewals of such equipment and all related accessories, manuals and instructions provided for it.

Initial Rental Period: the initial rental period set out in the Order.

Intellectual Property Rights: patents, rights to inventions, copyright and related rights, trade marks, business names and domain names, rights in get-up, goodwill and the right to sue for passing off, rights in designs, database rights, rights to use, and protect the confidentiality of, confidential information (including know-how), and all other intellectual property rights, in each case whether registered or unregistered and including all applications and rights to apply for and be granted, renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist now or in the future in any part of the world.

Order: the order agreed between the Parties containing details of the Equipment ordered for hire, payment terms and other relevant information as may be amended or added to where agreed between the Parties pursuant to clauses 3.3 to 3.5.

Payment Schedule: the sums payable under this Agreement by or on behalf of the Customer and methods of payment as described in the Order.

Rental Payments: the payments made by or on behalf of the Customer for hire of the Equipment as set out in the Payment Schedule.

Rental Period: the period of hire as set out in clause 5.

Risk Period, the period during which the Equipment is at the sole of the risk of the Customer, as set out in clause 8.2.

Site: the Customer’s premises where the Equipment is to be installed as set out in the Order.

Total Loss: due to the Customer’s default the Equipment is, in Ding’s reasonable opinion or the opinion of its insurer(s), damaged beyond repair, lost, stolen, seized or confiscated.

VAT: value added tax or any equivalent tax chargeable in the UK or elsewhere.

  1. A reference to a Company shall include any company, corporation or other body corporate, wherever and however incorporated or established.

2.          Basis of Agreement

3.          Creation of Orders

4.          Equipment Hire

5.          Rental Period

The Rental Period starts on the Commencement Date and shall continue for the Initial Rental Period and then shall automatically renew for successive 12 monthly periods (starting from the end of Initial Rental Period or relevant 12 month renewal period) unless: (i) either Party serves written notice to terminate the Agreement within 2 months prior to the end of the Initial Rental Period or any subsequent 12 month renewal period as relevant; or, this Agreement is terminated earlier in accordance with its terms.

6.          Rental Payments and Deposit

7.          Delivery, installation and reconnections

8.          Title, risk and insurance

9.          Customer’s responsibilities

8.

(including any direct, indirect or consequential losses, loss of profit, loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses) suffered or incurred by Ding or any of its Affiliates arising out of, or in connection with any failure by the Customer to comply with the terms of this Agreement.

10.    Warranty

  1. Dempa warrants that the Equipment shall substantially conform to its specification (as made available by Dempa or set out in the Order), be of satisfactory quality and fit for any purpose held out by Ding. Ding shall use all reasonable endeavours to remedy, free of charge, any material defect in the Equipment, provided that:
    1. the Customer notifies Ding of any defect in writing within ten Business Days of the defect occurring or of becoming aware of the defect;
    1. Ding is permitted to make a full examination of the alleged defect;
    1. the defect did not materialise as a result of misuse, neglect, alteration, mishandling or unauthorised manipulation by any person other than Ding’s authorised personnel;
    1. the defect did not arise out of any information, design or any other assistance supplied or furnished by the Customer or on its behalf; and
    1. the defect is directly attributable to defective material, workmanship or design.
  1. Insofar as the Equipment comprises or contains equipment or components which were not manufactured or produced by Ding, the Customer shall be entitled only to such warranty or other benefit as Ding has received from the manufacturer.
  1. If Ding fails to remedy any material defect in the Equipment in accordance with clause 10.1, Ding shall, at the Customer’s request, accept the return of part or all of the Equipment and make an appropriate reduction to the Rental Payments payable during the remaining term of the agreement and, if relevant, return any Deposit (or any part of it).

11.    Limitation of liability

  1. The restrictions on liability in this clause 11 apply to every liability arising under or in connection with this Agreement including liability in contract, tort (including negligence), misrepresentation, restitution or otherwise.
  1. Nothing in this Agreement limits any liability which cannot legally be limited including liability for:
    1. death or personal injury caused by negligence;
    1. fraud or fraudulent misrepresentation;
    1. breach of the terms implied by section 7 of the Supply of Goods and Services Act OR section 8 of the Supply of Goods (Implied Terms) Act 1973;
    1. any matter in respect of which it would be unlawful for the parties to exclude or restrict liability.
  1. Subject to clause 11.2, Ding’s total liability to the Customer shall not exceed the total of payments received from the Customer during the preceding 2 year period prior to the date of the relevant claim.
  1. Subject to clause 11.2, Ding shall not be liable under this Agreement for any:

11.5   Subject to clause 11.2, all implied terms and conditions as to the quality or performance of the Equipment under this Agreement are, to the fullest extent permitted by law, excluded from this Agreement.

12.    Termination

  1. Without affecting any other right or remedy available to it, Ding may terminate this Agreement with immediate effect by giving written notice to the Customer if:
    1. the Customer fails to pay any amount due under this Agreement on the due date for payment and remains in default not less than 30 days after being notified in writing to make such payment;
    1. the Customer commits a material breach of any other term of this Agreement which breach is irremediable or (if such breach is remediable) fails to remedy that breach within a period of 30 days after being notified in writing to do so;
    1. the Customer repeatedly breaches any of the terms of this Agreement in such a manner as to reasonably justify the opinion that its conduct is inconsistent with it having the intention or ability to give effect to the terms of this Agreement;
    1. the Customer suspends, or threatens to suspend, payment of its debts or is unable to pay its debts as they fall due or admits inability to pay its debts or (being a company or limited liability partnership) is deemed unable to pay its debts within the meaning of section 123 of the Insolvency Act 1986 (IA 1986) as if the words “it is proved to the satisfaction of the court” did not appear in sections 123(1)(e) or 123(2) of the IA 1986 OR (being a partnership) has any partner to whom any of the foregoing apply;
    1. the Customer commences negotiations with all or any class of its creditors with a view to rescheduling any of its debts, or makes a proposal for or enters into any compromise or arrangement with its creditors other than (being a company) for the sole purpose of a scheme for a solvent amalgamation of the Customer with one or more other companies or the solvent reconstruction of the Customer;
    1. the Customer applies to court for, or obtains, a moratorium under Part A1 of the Insolvency Act 1986;
    1. a petition is filed, a notice is given, a resolution is passed, or an order is made, for or in connection with the winding up of the Customer (being a company, limited liability partnership or partnership) other than for the sole purpose of a scheme for a solvent amalgamation of the Customer with one or more other companies or the solvent reconstruction of the Customer;
    1. an application is made to court, or an order is made, for the appointment of an administrator, or a notice of intention to appoint an administrator is given or an administrator is appointed, over the Customer (being a company);
    1. the holder of a qualifying floating charge over the assets of the Customer (being a company) has become entitled to appoint or has appointed an administrative receiver;
  1. Without affecting any other right or remedy available to it, the Customer may terminate the Agreement at any point during the Cancellation Period following seven days notice in writing to Ding. Provided that a Total Loss has not occurred in relation to the Equipment, Ding shall return the Deposit to the Customer within 30 days following collection of the Equipment from the Customer.
  1. This Agreement shall automatically terminate if a Total Loss occurs in relation to the Equipment.

13.    Consequences of termination

  1. On termination of this Agreement, however caused:
    1. Ding’s consent to the Customer’s possession of the Equipment shall terminate;
    1. Ding may, by its authorised representatives, without notice and at the Customer’s expense, retake possession of the Equipment and for this purpose may enter the Site or any premises at which the Equipment is located; and
    1. without prejudice to any other rights or remedies of the Customer, the Customer shall pay to Ding on demand:
      1. all Rental Payments and other sums due but unpaid at the date of such demand together with any interest accrued pursuant to clause 6.4; and
      1. any costs and expenses incurred by Ding in recovering the Equipment or in collecting any sums due under this Agreement.
  1. On termination of this Agreement pursuant to clause 12.1, any other repudiation of this Agreement by the Customer which is accepted by Dempa or pursuant to clause 12.3, without prejudice to any other rights or remedies of Ding, the Customer shall pay to Ding on demand a sum equal to the whole of the Rental Payments that would (but for the termination) have been payable if the Agreement had continued from the date of such demand to the end of the Initial Rental Period.
  1. The sums payable pursuant to clause 13.2 shall be agreed compensation for Ding’s loss and shall be payable in addition to the sums payable pursuant to clause 13.1(c). Such sums may be partly or wholly recovered from any Deposit.
  1. Any provision of this Agreement that expressly or by implication is intended to come into or continue in force on or after termination or expiry of this Agreement shall remain in full force and effect.
  1. Termination or expiry of this Agreement shall not affect any rights, remedies, obligations or liabilities of the Parties that have accrued up to the date of termination or expiry, including the right to claim damages in respect of any breach of the Agreement which existed at or before the date of termination or expiry.

14.    Force majeure

Neither Party shall be in breach of this Agreement nor liable for delay in performing, or failure to perform, any of its obligations under this Agreement if such delay or failure results from events, circumstances or causes beyond its reasonable control. In such circumstances the time for performance shall be extended by

a period equivalent to the period during which performance of the obligation has been delayed or failed to be performed OR the affected Party shall be entitled to a reasonable extension of the time for performing such obligations. If the period of delay or non-performance continues for 3 months, the Party not affected may terminate this Agreement by giving seven days’ written notice to the affected Party.

15.    Confidential information

  1. Each Party undertakes that it shall not at any time during this Agreement, and for a period of five years after termination or expiry of this Agreement, disclose to any person any confidential information concerning the business, affairs, customers, clients or suppliers of the other party or of any member of the group of companies to which the other party belongs, except as permitted by clause 15.2.
  1. Each party may disclose the other Party’s confidential information:
    1. to its employees, officers, representatives or advisers who need to know such information for the purposes of exercising the Party’s rights or carrying out its obligations under or in connection with this Agreement. Each Party shall ensure that its employees, officers, representatives or advisers to whom it discloses the other Party’s confidential information comply with clause 155; and
    1. as may be required by law, a court of competent jurisdiction or any governmental or regulatory authority.
  1. Neither Party shall use the other Party’s confidential information for any purpose other than to exercise its rights and perform its obligations under or in connection with this Agreement.

16.    Assignment and other dealings

This Agreement is personal to the Parties (which includes, in the case of Ding, any Affiliate of Ding) and neither Party shall assign, transfer, mortgage, charge, subcontract, delegate, declare a trust over or deal in any other manner with any of its rights and obligations under this Agreement without the prior consent of the other Party.

17.    Entire agreement

This Agreement constitutes the entire agreement between the Parties and supersedes and extinguishes all previous agreements, promises, assurances, warranties, representations and understandings between them, whether written or oral, relating to its subject matter.

18.    Variation

No variation of this Agreement shall be effective unless it is in writing and signed by the parties (or their authorised representatives) in accordance with the terms of this Agreement.

19.    No partnership or agency

Nothing in this Agreement is intended to, or shall be deemed to, establish any partnership or joint venture between any of the Parties, constitute any Party the agent of another Party, or authorise any Party to make or enter into any commitments for or on behalf of any other Party.

20.    Further assurance

At its own expense, each Party shall, and shall use all reasonable endeavours to procure that any necessary third party shall, execute and deliver such documents and perform such acts as may reasonably be required for the purpose of giving full effect to this Agreement.

21.    Third party rights

22.    Notices

23.    Waiver

No failure or delay by a party to exercise any right or remedy provided under this Agreement or by law shall constitute a waiver of that or any other right or remedy, nor shall it prevent or restrict the further exercise of that or any other right or remedy. No single or partial exercise of such right or remedy shall prevent or restrict the further exercise of that or any other right or remedy.

24.    Rights and remedies

Except as expressly provided in this Agreement, the rights and remedies provided under this Agreement are in addition to, and not exclusive of, any rights or remedies provided by law.

25.    Severance

26.    Governing law

This Agreement and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with it or its subject matter or formation shall be governed by and construed in accordance with the law of England and Wales.

27.    Jurisdiction

Each Party irrevocably agrees that the courts of England and Wales shall have non-exclusive] jurisdiction to settle any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with this Agreement or its subject matter or formation.