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  • AGREEMENT FOR HIRE-PURCHASE OF FURNITURE

    AGREEMENT FOR HIRE-PURCHASE OF FURNITURE AN AGREEMENT made at………….this………….day of………….20……… between A son of………….resident of…………. (hereinafter called "the owner") of the ONE PART and B son of..............resident of………….(hereinafter referred to as "the hirer") of the OTHER PART. IT IS HEREBY AGREED AS FOLLOWS: (1) The owner will let on hire and the hirer will take on hire the furniture more particularly described in the Schedule hereto (hereinafter referred to as the said furniture). (2) The said furniture shall be delivered by the owner at his own expense at the office of the hirer at………….on………….20…………. (3) The hiring shall commence on the date of this agreement and shall continue until determined as hereinafter provided. (4) The cash price of the said furniture is Rs………….and the hire-purchase price is Rs………… (5) The hirer has paid to the owner in advance a sum of Rs………….(the receipt whereof the owner hereby acknowledges) and in consideration of the option to purchase hereby granted shall (subject to the provisions of clause hereof) pay to the owner the balance of the said hire-purchase price amounting to Rs . ………….by ............... instalments of Rs………….each, the first instalment to be paid on the………….day of………….20………….and each subsequent instalment on the………….day of each succeeding month. (6) The hirer during the continuance of the hiring, will not sell, assign, mortgage, pledge, underlet, lend or otherwise part with possession of or otherwise deal with the said furniture but shall keep the said furniture in his own possession and control and will not remove the same or any of them from the place where they are for the time being, without the consent of the owner in writing and will not create or allow to be created any lien upon the said furniture and will duly and punctually pay all rents, taxes, charges and levies payable in respect of the premises whereon the said furniture shall for the time being is kept and will protect the said furniture against distress, execution, or seizure and indemnify the owner against any loss, cost, charges, damages and expenses incurred by him by reason or in respect thereof. (7) The hirer during the continuance of the hiring will at his own expense keep the said furniture in good and substantial repair and condition (reasonable wear and tear excepted), will replace all missing, damaged or broken parts with parts of equal quality and value and keep the said furniture insured against fire and loss or damage from whatsoever cause arising in the sum of Rs…………. in the name of the owner and duly and punctually pay all premiums and other sums necessary for effecting and keeping on foot such insurance and produce the receipts for all such payments to the owner. (8) The hirer will permit the owner and any person authorised by him at all reasonable times to have access to the said furniture and to inspect the state and condition of the said furniture. (9) The hirer has given a promissory note by way of collateral security for the outstanding balance of the hire-purchase price and in the event of the hirer making default in payment of any sum due under this agreement, the owner will be entitled to recover the money on the said promissory note or to transfer the said note and the transferee or holder shall take the said note as a holder in due course. (10) The hirer may at any time before the final payment hereunder falls due, determine this agreement by ………….weeks notice in writing to the owner at his address for the time being and by returning the said furniture to the owner at his risk and expense to such place of address (11) If the hirer shall make default in punctual payment of any sum payable hereunder or shall commence an act or bankruptcy or shall make any arrangement with creditors or if any execution or distress shall be levied against the hirer or if he shall allow any judgment against him unsatisfied or fail to observe or perform any of the terms and conditions of this agreement, then in any or either of the said cases the owner may, without prejudice to the owner's claim for arrears of hire or damages (if any) for breach of this agreement forthwith without notice terminate the hiring and retake possession of the said furniture. (12) In the event of the hiring being determined under clause 11 hereof, the hirer shall forthwith at his own risk and cost peaceably return the said furniture to the owner at the owner's address for the time being and in the event of the hirer failing to do so, the owner may retake possession of the said furniture and for that purpose the owner himself, his servants or agents may enter upon any premises in which the said furniture is believed by the owner to be kept and the hirer shall pay to the owner the hire-purchase price of the goods less the aggregate of (i) the sums previously paid under the agreement; (ii) the sums due under the agreement upto the date of termination; (iii) the net proceeds of sale of goods if repossessed and sold; and the hirer shall also pay to the owner on demand the costs and expenses of and incident to such retaking of possession of the said furniture as aforesaid which may be incurred by the owner. (13) If the hirer shall have duly kept and observed all the terms and conditions of this agreement, and shall pay to the owner such sums payable under clause 5 hereof as shall with the sum paid for the option to purchase amount in the aggregate to the hire-purchase price and shall pay all sums payable to the owner under this agreement, the hiring thereby shall determine and the hirer shall become the absolute owner of the said furniture and the owner will assign and make over his right and interest in the said furniture to the hirer, but until all such payments as aforesaid have been made, the said furniture shall remain the property of the owner. (14) The hirer shall not be entitled to assign the benefit of this agreement or any right of the hirer hereunder. The owner shall be entitled to assign the benefit of all the rights of the owner hereunder including the right to enter upon premises of the hirer and inspect and/or repossess the said furniture. (15) No neglect, delay or indulgence on the part of the owner in enforcing any of the terms and conditions of this agreement or the granting of time by the owner to the hirer shall prejudice the right of the owner hereunder. (16) Any notices or demands required to be given hereunder shall be given to the parties hereto in writing and by either Registered Post Acknowledgment due or by hand delivery at the address herein set forth or to such other address as the parties hereto may hereafter substitute by written notice given in the manner prescribed hereinabove (17) All disputes and differences of any kind whatever arising out of or in connection with this Agreement shall be referred to the arbitration by and final decision of an Arbitrator to be agreed upon and appointed by both the parties or in case of disagreement as to the appointment of a single Arbitrator, to the appointment of two Arbitrators, one to be appointed by each party, which Arbitrators shall before taking upon themselves the burden of reference, appoint an umpire. The Arbitrator or Arbitrators, as the case may be, shall make his or their award within four months or such further extended time as may be decided by him or them, as the case may be, with the consent of the parties. This submission shall be deemed to be a submission to arbitration within the meaning of the Indian Arbitration Act, 1940 or any statutory modification thereof. The award of the Arbitrator or Arbitrators, as the case may be, shall be final and binding on the parties. (18) This Agreement shall be executed in duplicate. The original shall be retained by the owner and the duplicate copy by the hirer. IN WITNESS WHEREOF, the parties have executed these presents and a duplicate hereof, the day and year first hereinabove written. Schedule WITNESSES 1 Signed and delivered by the within named owner 2. Signed and delivered by the within named hirer Download Word Document In English. (Rs.30/-) Download PDF Document In Marathi. (Rs.30/-)

  • AGREEMENT FOR HIRE-PURCHASE OF VCR

    AGREEMENT FOR HIRE-PURCHASE OF VCR THIS AGREEMENT  made at………….this………….day of.............. between M/s A B & Co. (hereinafter called "the owner") of the FIRST PART and C son of D resident of …………. (hereinafter called "the Hirer") of the SECOND PART and E son of………….resident of..............(hereinafter called "the Surety") of the THIRD PART.   IT IS HEREBY AGREED AS FOLLOWS:   (1) The owner will let on hire to the hirer from the………….day until the hiring shall be determined as hereinafter provided, the VCR No………….make………….more particularly described in the Schedule hereunder written (hereinafter called "the VCR").   (2) The owner shall deliver to the hirer the VCR at his Shop at………….on the………….day of and the hirer shall collect the VCR from the said place with due diligence. (13) The hirer shall during the continuance of the hiring pay to the owner a sum of………….per month by way of rent for the hire of the VCR, the first payment to be made on the execution of these presents and subsequent payment on the………….day of every succeeding month.   (14) The hirer during the continuance of the hiring will    (a) Not sell, or offer for sale, assign, mortgage, pledge, underlet, lend or otherwise deal with the VCR or any interest in it but will keep the VCR in his own possession and will not remove the same from its present address………….except with the previous written permission of the owner;   (b) At his own expense keep the VCR in good and substantial repair and condition (reasonable wear and tear excepted) and keep the VCR insured against fire and loss or damage from whatever cause arising in the sum of Rs………….with an insurance company in the name of the owner and deliver the policy of such insurance to the owner and duty and punctually pay remiums for effecting and keeping the policy alive;    (c) Permit the owner or his servants or agents at all reasonable times to have access to the VCR and to inspect the state and condition thereof;    (d) Pay all licence fees, taxes and other outgoings payable in respect of the VCR or the use thereof or in respect of any premises in which the VCR may from time to time be placed or kept;   (e) Indemnify the owner against any loss of or damage to the VCR from whatever cause arising and whether such loss or damage results from the negligence of the hirer or not.   (5) The hirer may determine the hiring at any time by returning the VCR to the owner at the hirer's risk and expense to the owner at his address for the time being and shall thereupon forthwith pay to the owner all money then payable to him under this agreement and for any damage caused to the VCR and shall not be entitled to any credit, allowance, return or set off for payment previously made.   (6) If the hirer shall make default in punctual payment of any of the sums payable hereunder or if he fails to observe or perform or shall commit any breach of any stipulation or condition binding upon hirer hereunder, then the owner may give to the hirer………….days notice in writing to determine the hiring and hiring shall from the expiration of the said notice determine and the owner may retake possession of the VCR and for that purpose the owner, his servants or agents may without previous notice enter upon any premises in which the VCR may be believed to be kept.   (7) If the hirer shall pay to the owner full sum of Rs………….by payment of Rs………….on the date of ………….execution of these presents and ………….monthly instalments of Rs ………in advance as aforesaid, and kept and observed the terms and conditions of these presents, the agreement shall determine and the hirer shall become the absolute owner of the VCR and the owner will assign and make over all his rights and interest in the same to the hirer, but until all such payments as aforesaid have been made, the VCR shall remain the property of the owner.   (8) No neglect, delay, indulgence or forbearance on the part of the owner in enforcing any of his rights under these presents shall prejudice the strict rights of the owner hereunder.   (9) In consideration of the owner letting the VCR to the hirer at the rent and on terms and conditions hereinbefore expressed, the surety hereby guarantees the due payment of the said rents and all other sums of money which may become due and payable by the hirer to the owner under the terms of this agreement and due performance and observance of the said agreements and conditions by the hirer and undertakes to indemnify the owner against all losses, damages or expenses which the owner may sustain by reason of the neglect of the hirer in observing or performing any of the foregoing stipulations on his part.   IN WITNESS WHEREOF , the parties aforementioned have hereunto set their respective hands on the day and year first above written. Schedule   WITNESSES 1 Signed and delivered by M/s A B & Co., the within named owner by its partners Signed and delivered by C, the within named hirer 2. Signed and delivered by E, the within named surety Download Word Document In English. (Rs.10/-) Download PDF Document In Hindi. (Rs.20/-) Download PDF Document In Marathi. (Rs.20/-)

  • AGREEMENT FOR HIRE-PURCHASE OF A CAR THROUGH A FINANCE COMPANY

    AGREEMENT FOR HIRE-PURCHASE OF A CAR THROUGH A FINANCE COMPANY THIS AGREEMENT  made at………….this………….day of...................20………….between A………….(hereinafter called the owner) of the FIRST PART and B…………. (hereinafter called the hirer) of the SECOND PART and C………….(hereinafter called the dealer) of the THIRD PART.   WHEREAS   (1) The hirer is desirous to purchase a car and he has approached the dealer to sell the car to him and to arrange the finance for the purchase of the car.   (2) The dealer after satisfying about the creditworthiness of the hirer, has requested the owner to purchase the car more particularly described in the Schedule hereto (hereinafter called the said car), in order to let the same to the hirer under a hire-purchase agreement.   (3) The owner has acquired the said car from the dealer for the abovementioned purpose and in consideration of the above, the dealer has agreed to guarantee the payment of the hire charges by the hirer in accordance with the terms of hire-purchase agreement   WHEREBY IT IS AGREED BETWEEN THE PARTIES AS FOLLOWS:   (1) The owner shall let and the hirer will take on hire the car more particularly described in the Schedule on the following terms and conditions.   (2) The hirer shall pay to the owner on the execution of these presents for the option to purchase herein contained the sum of Rs………….and for which credit will be given if the said car be purchased in accordance with the terms of this agreement and will pay to the owner at his address for the time being and without demand the sum of Rs………….every calendar month by way of rent for the hire of the said car, the first payment to be made on the………….day of.............and each subsequent payment on the 10th day of every succeeding month.   (3) The hirer during the continuance of the hiring, will not sell, assign, pledge, mortgage, underlet, lend or part with the possession of the said car or otherwise deal with the said car and will not take the same out of the city of without the previous consent in writing of the owner.    (4) The hirer during the continuance of the hiring shall keep the said car in good repair condition and working order (reasonable wear and tear excepted) and will permit the owner, his servants or agents to have to the said car for the purpose of inspecting the condition thereof. The hirer shall pay all licence fees, road tax, fees and duties payable in respect of the said car.   (5) The said car shall be insured by the hirer in the joint names of the owner and the hirer against loss or damage by fire, accident, third and party risks and riot risks in the sum of Rs………….with the Insurance Company Ltd. and the hirer shall pay punctually the premiums and all moneys payable in respect of such insurance.   (6) The hirer may at any time terminate the hiring by returning the said car at his own cost and risk to the owner at his place of address for the time being.     (7) If the hirer shall make default in payment of any monthly sum by payable hereunder for……… days after the same shall have become due or shall fail to observe the terms and conditions of this agreement or if the hirer becomes bankrupt or a receiver is appointed of his property or if distress or execution is levied against his property or if the hirer shall door cause to be done or permit or suffer any act or thing whereby the owner's rights in the said car may be prejudiced or put in jeopardy, the owner may without prejudice to the owner's claim for arrears of hire or damages for breach of this contract, terminate the hiring without notice and retake possession of the said car and it shall be lawful for the owner, his agents or servants to enter upon any premises where the said car may be and seize and take possession thereof. And on determination of the hiring as aforesaid the hirer will remain liable for the arrears of hire, payment or for damages for breach of this agreement and the owner may enforce such claim by action or otherwise.   (8) The hirer shall use the said car for his private use only and will not allow the same to be used as a taxi or for commercial purpose.   (9) The hirer has examined or has caused to be examined the said car and satisfied himself as to its condition and running and no warranty is implied on the part of the owner as to the quality or state of the motor vehicle as to its fitness for any purpose, whatsoever.   (10) The hirer and the guarantor shall execute by way of collateral security a promissory note with joint and several liability in favour of the owner for total hire payable for the said car and in the event of the hirer making a default in payment of any sum due under this agreement, the owner shall be entitled to transfer or negotiate the said note and the transferee or holder shall take the said note free from equities and defences as a holder in due course.   (11) The hirer will be liable to pay all taxes, rates, levies, licence fees or any other charges, fines or imposition levied by the Government or local body or other authority in respect of the said car and on this transaction.   (12) The owner agrees to permit the hirer to have the registration of the said car in his own name in terms of the provisions of Motor Vehicles Act, 1988 and the Rules framed thereunder; provided that the hirer shall transfer the registration of the said car in the name of the owner whenever demanded by the owner to do so.   (13) The agreement is personal to the hirer and the rights of the hirer shall not be assignable in favour of third party.   (14) If the hirer shall duly perform and observe all the stipulations and conditions in this agreement contained on his part to be performed and observed and shall pay to the owner monthly sums by way of rent amounting together with the sum paid for the option to purchase to the sum of Rs………….and shall also pay all other sums of money which may become payable to him by the hirer under this agreement, the hiring shall come to an end and the said car shall become the property of the hirer and the owner will assign and make over all his rights and interest in the same to the hirer but until all such payments as aforesaid have been made, the said car will remain the property of the owner.   (15) Any delay, neglect, indulgence or forbearance on the part of the owner in enforcing any terms or conditions of this agreement shall not prejudice the strict rights of the owner hereunder.         (16) In consideration of the owner letting the said car to the hirer as hereinabove, the surety hereby guarantees the due payment of the rents and all other sums of money which may become payable by the hirer under these presents and the performance and observance of the said agreements and conditions by the hirer and the surety agrees that this guarantee will not be prejudiced by the owner neglecting or for bearing promptly to enforce this agreement against the hirer or giving time for the payment of the rents when due or delaying to take any steps to enforce the observance or performance of the said agreement.    (17) Any notices required to be given herein shall be given to the parties hereto in writing and by either Registered Post Acknowledgment due or by hand delivery at the addresses above  mentioned or at such other addresses as the parties hereto may hereafter substitute by notice in writing.   (18) It is agreed by and between the parties that this agreement shall be subject to the jurisdiction of the Civil Courts of    IN WITNESS WHEREOF , the parties have hereunto set and subscribed their respective hands on the date and year above mentioned. Schedule   WITNESSES   1 Signed and delivered by the within named owner 2 Signed and delivered by the within named hirer 3 Signed and delivered by the within named surety Download Word Document In English. (Rs.30/-) Download PDF Document In Hindi. (Rs.30/-) Download PDF Document In Marathi. (Rs.30/-)

  • HIRE PURCHASE AGREEMENT FOR SECURING FINANCE WITH GUARANTEE

    HIRE PURCHASE AGREEMENT FOR SECURING FINANCE  WITH GUARANTEE Download Word Document In English. (Rs.60/-) Download PDF Document In Marathi. (Rs.60/-) THIS AGREEMENT is made at ....... this ......... day of .... between M/s. A B C & Co. Ltd., a Company having its registered office at ....... hereinafter referred to as 'the Company' of the First Part and Mr. A. carrying on business at .... hereinafter referred to as 'the Hirer' of the Second Part and Mr. B residing at ..... hereinafter referred to as the 'Guarantor' of the Third Part;  WHEREAS the Hirer is carrying on business of manufacturing... and for the purpose of his business, he has agreed to purchase and import a machine the particulars of which are given in the Schedule hereunder written and which is hereinafter referred to as the said 'Machine'.  AND WHEREAS the Hirer has obtained import License for importing the said machine.  AND WHEREAS the Hirer is in need of a sum of Rs ........ to pay the price by opening a Letter of Credit in favour of the foreign seller through the Hirer's Bankers.  AND WHEREAS the Hirer has requested the Company to advance the said amount as well as all moneys required for payment of Import and Custom duties and other charges required to clear the machine from the docks, to enable him to open the Letter of Credit and paying the other duties and charges and which the Company has agreed to do on -the following terms and conditions and agreed to by the Hirer.  NOW IT IS AGREED BY AND BETWEEN THE PARTIES AS FOLLOWS:  1.                  The Company has agreed to advance to the Hirer a sum of Rs. ... with interest thereon at the rate of Rs. ... per cent per annum. The Hirer has executed in favour of the Company a Promissory note for the said amount and at the request of the Hirer the Guarantor has agreed to guarantee the repayment thereof, subject to the terms hereof.  2.                  The Company shall pay the said amount to the Bank of ....... being the Bankers of the Hirer, direct to enable the Bank to issue a Letter of Credit for the said amount and to enable the Hirer to import the said Machine. The Company shall also pay an amount not exceeding Rs ........ for payment of all Customs and Import duties and other charges required to clear the said machine.  3.                  The said machine shall be deemed to be sold by the Hirer to the Company on payment of the said amount to the said Bank as well as the amount required to be paid for Custom and Import duties and other charges for clearing the said machine.  4.                  On the importation of the said Machine the Hirer shall clear the same from the customs and other authorities by paying all custom and import duties and other charges and shall hold the said machine belonging to the Company as taken on hire from the Company with an option to purchase the same, on the following terms.  5.                  This agreement shall be effective since the time the said machine is imported and taken possession of by the Hirer on behalf of the Company as aforesaid.  6.                  If by any chance the said Machine is not imported, this agreement shall be null and void and the Company will be entitled to claim the amount advanced by Company from the Hirer and the Guarantor as a debt and the guarantee hereby given,  7.                  The Hire-purchase price of the said machine is fixed at Rs.. .being the amount agreed to be advanced by the Company as aforesaid and inclusive of interest payable by the Hirer for the hire period. 8.                  During the pendency of this agreement the Hirer shall pay to the Company by thirty-six equal monthly installments a sum of Rs....... as hire charges, in advance, the first of such payments to be made on the execution of this agreement, and each subsequent monthly installment will be made on or before the ... day of each succeeding month hereafter. The payment will be made at the registered office of the Company by cash only or by cheque in the name of the Company.  9.                  If the Hirer fails to pay any monthly installment of hire charges on the due date thereof then the Hirer shall be liable to pay interest thereon at the rate of ....... per cent per annum from the date of default till payment thereof. This is, however, without prejudice to the right of the Company to terminate this agreement for default in payment of the monthly installments as hereinafter provided.  10.             During the pendency of this agreement the Hirer shall keep the said machinery in good working condition and shall maintain It properly as a man of prudence would do and shall replace any part thereof lost or disused or out-of-use or broken.  11.             The Hirer agrees to indemnify and keep indemnified the Company against any loss the Company may suffer due to any damage done to the said machine by any reason whatsoever.  12.             The Company through Its authorized representative shall be en- titled to inspect the said machine during working hours at any time and for that purpose to enter into the premises where the said machine will be Installed or kept and the Hirer shall allow the Company and its representative to do so.  13.             The Company does not give any warranty as to the quality or fitness of the mechanism of the said machine and will not be responsible or liable for any defect found therein.  14.             The Hirer proposes to install the said machine at ....... and agrees and undertakes not to remove the same to any other place without the prior written consent of the Company. The Hirer shall not remove the nameplates fixed to the machine for the purpose of identification of the property of the Company during the pendency of this Agreement.  15.             The Hirer shall keep the said machine insured in the name of the Company with any recognized Insurance Company and shall pay the premium as and when due and payable regularly. The Policy of Insurance will be handed over to the Company and the Hirer shall produce the premium receipt or furnish copy thereof to the Company from time to time. If the Hirer fails to insure the said machine or fails to pay the premium at any time the Company, without prejudice to its other rights under this agreement, will be entitled to insure the same or to pay the premium as the case may be and the costs incurred by the Company will be paid by the Hirer to the Company as and when demanded.  16.             The Hirer shall use the said machine for the manufacture of .... and not for any other purpose without the prior consent of the Company. 17.             The Hirer shall not give the said machine on hire o? on any other basis to or allow it to be used by any other person without the prior written consent of the Company and shall not hypothecate or pledge the same with any person to secure payment of any moneys.  18.             The ownership or property of the Company in the said machine will continue to remain unaffected during the pendency of this agreement and the Hirer shall be considered as the bailee thereof with all the duties and obligations of a bailee in law.  19.             If any taxes or other dues are required to be paid in respect of the said machine the same will be paid by the Hirer and if any permit or license to use the said machine is required to be obtained from any Government or local authority, the same will be obtained by the Hirer at his costs and responsibility.  20.             If the said machine goes out, of order and requires repairs of a .substantial nature the work of repairs will be carried only through a mechanic appointed by the Company and the Hirer shall pay his charges.  21.             The Hirer shall be liable to pay the hire charges every month not withstanding whether the said machine is working or remains idle for want of work or for any other reason.  22.             This agreement shall be deemed to have commenced from the date hereof and will remain in force for a period of three years from the date hereof that is upto the day of ... and (unless the Hirer exercises the option to purchase as hereinafter provided) on the expiration of the said period or earlier termination thereof as hereinafter provided the Hirer shall hand over back the said machine in good working condition subject to normal wear and tear at his costs at the place of business of the Company or as may be directed by the Company provided that, the Hirer shall continue to be liable to pay hire charges until the said machine is actually delivered over to or taken over by the Company.  23.             If the Hirer commits breach of any term of this Agreement or fails to pay any two monthly installments of hire charges, the Company will have the right to terminate this agreement by giving one month's prior notice to that effect and unless in the meanwhile the breach is remedied and the hire charges are paid as the case may be, this agreement shall, on the expiration of the notice period stand terminated. If the agreement is terminated as aforesaid, the Hirer's option to purchase as hereinafter mentioned shall stand forfeited or cancelled.  24.             If the Hirer is adjudged insolvent or he allows the said machine attached In execution of a decree or any order of a court or for recovery of any Govt. dues or if a Receiver thereof is appointed by court or any creditor, this agreement, on the happening of any such event shall stand terminated.  25.             The Hirer shall have also a right to terminate this agreement at any time by giving one month's prior notice to the Company to that effect but in such a case the Hirer will be liable to pay to the Company an amount equal to the hire charges payable for the period from the date of termination till the stipulated period of this agreement would expire as and by way of compensation for the loss suffered by the Company.  26.             On the termination of this agreement by efflux of time or earlier termination by the Company or by the Hirer or otherwise as aforesaid without or before the Hirer exercising his option to purchase the said machine the Company shall become the absolute owner of the said machine and the same shall be handed over by the Hirer to the Company forthwith.  27.             If the said machine is wholly destroyed or damaged beyond repairs by fire, flood or earthquake or for any other reason, the Hirer shall make good the loss suffered by the Company, the loss being the market price of the machine then existing or the price mentioned in clause (7) above mentioned, whichever is more Provided that, the amount of Insurance claim received if any will be adjusted 28.             The Hirer shall have the option to purchase the said machine and the option shall be exercised by giving one month's prior notice to the Company. The option to purchase can be exercised as from the date of expiration of the stipulated period of this agreement or from any earlier date. In the former case the Hirer shall be liable to pay to the Company a sum equal to the Hire Purchase price of the machine mentioned in Clause (7) above, less the aggregate amount of installments paid up to that date or Rupee one whichever is higher.  29.             If the option to purchase is exercised to be effective before the expiration of the period of this agreement, the Hirer shall be liable to pay a sum equal to the said Hire-Purchase price or the balance thereof payable by monthly installments of hire charges up to the date of the stipulated period of the agreement as reduced by a rebate which will be equal to two third of an amount which bears to be hire charges the same proportion as the balance of the hire purchase price not due till then bears to hire purchase price.  30.             On the Hirer exercising the option and paying the price of the machine and other moneys as mentioned in clauses 28 or 29 above to the Company. the sale of the said machinery and equipment to the Hirer shall be deemed to be complete as on the date the option comes into operation. But until then, the Company will continue to be the owner thereof if, however, the Hirer fails to pay the amount due and payable to the Company as aforesaid at or before the date from which the option is to become effective, this agreement shall stand terminated and the Hirer will return the machine to the Company forthwith in good working condition as aforesaid.  31.             Notwithstanding the completion of sale of the said machine, the Company shall have a lien or charge on the same for all the moneys due and payable by the Hirer under this Agreement.  32.             The Company declares that  (a)               the Hirer shall have and enjoy quiet possession of the said machine during the subsistence of this agreement.  (b)               That the said machine is free from any charge or encumbrance in favour of any third person.  33.             The Hirer shall not assign the benefits and rights under this Agreement to any other person without the prior written consent of the Company which consent shall not be unreasonably withheld or refused.  34.             If on the determination of this agreement by efflux of time or otherwise, the Hirer fails to deliver the said machine to the Company without there being any dispute the Company will be entitled to file a suit or take other proceedings to recover possession thereof and the Hirer will be liable to pay all the costs, charges and expenses incurred by the Company in that behalf subject to any orders of the Court.  35.             The Guarantor hereby guarantees the due performance of this agreement by the Hirer and the payment of all moneys payable by the Hirer to the Company under this agreement and in the event of the Hirer failing to pay the amount becoming due and payable to the Company, the Guarantor shall pay the same as per the demand made by the Company in writing without demur or raising any objection.  36.             The said guarantee by the Guarantor is a continuing guarantee and will remain in force until the Hirer exercises his option to purchase the said machine and until the Hirer pays all moneys due and payable by him under this agreement and no indulgence shown to the Hirer by the Company or a facility or concession or time given to the Hirer by the Company will discharge the Guarantor from his liability.  37.             If any dispute arises between the parties out of or in connection with the agreement whether in the nature of interpretation or meaning of any term hereof or as to any. claim by one against the other, or otherwise the same shall be referred to arbitration of a common arbitrator if agreed upon or to arbitrators one to be appointed by each party to the dispute and the arbitration shall be governed by the Arbitration & Conciliation Act, 1996.  THE SCHEDULE ABOVE REFERRED TO (Description of the machine) Signed and delivered for and on  behalf of M/s. A B C & Co. Ltd., by Mr. ... a Director of the  Company, duly authorized by Resolution of the Board of Directors dated ... in the presence of ...  Signed and delivered by the within named Hirer Mr.   in the presence of ...  Signed and delivered by the within named Guarantor Mr. ... in the presence of ...  against such price.

  • GUARANTEE OF PERFORMANCE OF HIRE-PURCHASE AGREEMENT BY THE HIRER

    GUARANTEE OF PERFORMANCE OF HIRE-PURCHASE AGREEMENT BY THE HIRER To, …………………………… …………………………… ……………………………   In consideration of your agreeing to deliver at my request to Shri………….. (hereinafter called the hirer) under the terms of hire-purchase agreement proposed to be made between you, the goods mentioned in the Schedule hereto annexed, I the undersigned…………..do hereby guarantee the due payment by the hirer of each and every sum that become due under the said hire-purchase agreement and the due performance by the hirer of each and every term and condition of the said agreement and I agree and declare that any extension of time or granting or indulgence to the hirer or making of any composition with the hirer or the variation of the terms of the said agreement or the waiver by you of any breach by the hirer of any terms of the said agreement will not discharge, release or affect my liability under this guarantee in any way.   The Schedule referred to above (Particulars of the goods to be delivered to the hirer)   IN WITNESS WHEREOF, the surety has hereunto set and subscribed his hands on this …………..day of…………..20………….. 1 . …………..………….. 2. Signature of the surety Download Word Document In English. (Rs.15/-) Download PDF Document In Hindi. (Rs.15/-) Download PDF Document In Marathi. (Rs.15/-)

  • Application for anticipatory Bail before the High Court

    Application for anticipatory Bail before the High Court       In the High Court at Mumbai (Criminal Miscellaneous Jurisdiction)       In the matter of: An application for anticipatory bail under Section 439 of Criminal Procedure Code.       R s/o M residing at 72, Bora Bazar, Mumbai                          Petitioner                                                      Versus State of Maharashtra                                                               Respondent  To,      The Hon’ble Mr. Chief Justice and      His Companion Justices of the said      Hon’ble Court.      The Humble petition of Raju Ramchandra the petitioner above named most respectfully sheweth as under:           (1) That the petitioner is a reputed person being in service of Mittal Iron and Steel Co. Ltd. and having being an assessee under the Income Tax Act, 1961. (2)  That the petitioner is residing in house No. 72, Bora Bazar, Mumbai (3)  That due to some enmity his rival D.Kumar, s/o C.N. Kumar has lodged a complaint against the petitioner for the alleged offence of cheat and forgery. (4) That the intention of the complaint is only to harass the applicant and to tarnish his image in the society and in the Mittal Iron and Steel Company Ltd. particularly. (5)  That your petitioner has every apprehension that the police may arrest and put him in jail to harass and cause mental torture and physical inconvenience in connection with the said complaint. (6)  That in the interest of justice the Petitioner's plea for anticipatory bail should be allowed and the petitioner undertakes to abide by all the terms and conditions of the bail. (7)  That if the anticipatory bail is not granted to the petitioner, he shall suffer irreparable loss or injury. (8)  That the application is made bona fide in the interest of justice.      In the circumstances the petitioner humbly prays: That your Lordship may be pleased to direct that in case the petitioner is arrested in connection with the above noted complaint he shall be forthwith released on bail. Your Lordship may pass such other order or orders as may be deemed fit and proper. And your petitioner as in duty bound shall ever pray. Signature of Advocate                                                            Signature of the petitioner                                                     Verification   I, R s/o M the petitioner abovenamed by occupation service residing at 72, Bora Bazar, Mumbai, do hereby solemnly affirm and state as follows: (1)  That I am the petitioner abovenamed and I am fully acquainted with the facts and circumstances of the case deposed thereto. (2)  That the statement in paragraph 1 to 8 in the foregoing petitions are true to my knowledge and belief.  (3)  That I have signed this verification on this 26th day of Feb, 2010 in Mumbai. Solemnly affirmed by the said Raja Ram on 26th day of Feb, 2010 in the Court House at Mumbai Before Commissioner Signature of petitioner Download Word Document In English. (Rs.20/-) Download PDF Document In Hindi. (Rs.20/-)

  • ASSIGNMENT OF BENEFIT OF HIRE-PURCHASE AGREEMENT

    ASSIGNMENT OF BENEFIT OF HIRE-PURCHASE AGREEMENT THIS DEED  of assignment made at…………..on this............................day of…………..20…... between A son of………….. resident of………….. (hereinafter called the Assignor) of the ONE PART and B son of. ………….. resident of…………..(hereinafter called the Assignee) of the OTHER PART.   WHEREAS   (1) The owner by the hire-purchase agreement dated…………. has let the goods to the hirer, whose name together with other particulars of the said agreement are set out in the First Schedule hereto on the terms and conditions set out in the said agreemet, being  in the form set out in the Second Schedule hereto.    (2) The owner has agreed to transfer all his rights under the said hire-purchase agreement, to the assignee for a sum of Rs. ........................   NOW THIS DEED WITNESSETH AS FOLLOWS:   (1) In consideration of the sum of Rs…………..paid by the Assignee to the Assignor (the receipt whereof the Assignor hereby acknowledges), the Assignor as beneficial owner hereby assigns to the assignee ALL THOSE the agreement, particulars of which are set out in the First Schedule hereto and the rights, interest and advantages thereof together with all moneys now payable or hereafter to become payable thereunder and all rights and remedies for enforcing the said agreement have and except the right or power conferred upon the Assignor to enter upon any premises of the hirer and retake or seize any of the goods comprised therein.   IN WITNESS the parties have hereunto set and subscribed their respective hands on the date and year above mentioned. The First Schedule above referred to (Particular of hire-purchase agreement, goods hired to the hirer, etc.) The Second Schedule above referred to (Specimen form of agreement)   WITNESSES 1 Signed and delivered by the within named Assignor 2. Signed and delivered by the within named Assignee Download Word Document In English. (Rs.5/-) Download PDF Document In Hindi. (Rs.15/-) Download PDF Document In Marathi. (Rs.15/-)

  • Bail Petition before a Magistrate during Police Enquiry under sec 437, Cr PC

    Bail Petition before a Magistrate during Police Enquiry under sec 437, Cr PC In the Court of Bombay ............................The State              versus ...........................Accused AB son of TZ, Village: Thana In the matter of petition for bail of accused AB, during police enquiry The humble petition of AB the accused above-named MOST RESPECTFULLY SHEWETH: 1. That your petitioner was arrested by the police on 5th March 2010 on mere suspicion. That nearly a month has passed after the arrest but still the Investigating Police Officer has not submitted a charge-sheet. 2. That your petitioner was not identified by any inmate of the house of CM where the burglary is alleged to have taken place, nor was any incriminating article found in his house. 3. That your petitioner has reason to believe that one GS with whom your petitioner is on bad terms and who is looking after the case for the complainant has falsely implicated your petitioner in the case out of grudge. 4. That your petitioner shall fully co-operate with the police. 5. That your petitioner is not likely to abscond or leave the country. Prayer Your petitioner prays that your Honour may be pleased to call for police papers and after perusing the same be pleased to direct the release of your petitioner on bail. And your petitioner, as in duty bound, shall ever pray. Advocate AB Verification I, AB, son of TZ, residing at...........by occupation business, do hereby solemnly affirm and say as follows: 1. I am the petitioner above-named. I know and I have made myself acquainted with the facts and circumstances of the case and I am able to depose thereto. 2. The statements in paragraphs 1 to 5 of the foregoing petition are true and correct to my knowledge and belief. 3. I sign this verification on the 6th day of May 2010. Solemnly affirmed by the said AB on 6th May 2010 at the Court House at...................AB Before me Notary/Magistrate.   Download Word Document In English. (Rs.20/-) Download PDF Document In Hindi. (Rs.20/-)

  • APPLICATION FOR ANTICIPATORY BAIL BEFORE SESSIONS JUDGE

    Application for Anticipatory Bail before Sessions Judge In the Court of Sessions Judge at  Criminal Misc. Case No……………of 2010  In the matter of.................. An application for anticipatory bail under section 438 of the Code of Criminal Procedure 1973 And In the matter of..................... AB ....................................... Petitioner                       versus  The State of Maharashtra...  Respondent The humble petition of the petitioner above-named MOST RESPECTFULLY SHEWETH: 1. That the petitioner is a senior Government servant working under the Central Government in the Department of Customs and Excise. 2. That in connection with his official duties he has to undertake various raids against criminals and anti-socials. 3. That some known criminals of the area, namely,……….hatched a conspiracy to harass and malign your petitioner in public by implicating him by and in lodging an FIR at the Police Station at………  4. That the petitioner being a permanent Government servant has no chance of going underground and if necessary he shall co-operate with the police in investigation and anticipatory bail be granted to your petitioner. 5. That if no anticipatory bail is granted he shall suffer irreparable injury. 6. That the petitioner undertakes to abide by all the terms and conditions of the order of bail if passed. Hence it is prayed that Your Honour will be pleased to grant the petitioner anticipatory bail and pass such other order or orders as Your Honour deem fit and proper. And for this act of kindness your petitioner shall ever pray. Advocate of AB Verification I, AB, son of MN, residing at …………………… do hereby solemnly affirm and say as follows: 1. I am the petitioner above-named. I know the facts and circumstances of this case. 2. The statements in paragraphs 1 to 6 hereinabove in the petition are true to my knowledge and belief. 3. I sign this verification on this 7th day of June 2010 at Howrah. Solemnly affirmed by the said AB on this 7th day of June 2010 at Court House at Mumbai Before me Notary/Magistrate Download Word Document In English. (Rs.20/-) Download PDF Document In Hindi. (Rs.20/-)

  • MAGISTRATE’S ORDER PROHIBITING THE REPETITION ETC., OF A NUISANCE

    FORM NO. 23 MAGISTRATE’S ORDER PROHIBITING THE REPETITION ETC., OF A NUISANCE ( See  Section 143) To ,  ( name, description and address ). Whereas it has been made to appear to me that, etc. ( state the proper recital, guided by  Form No. 20 or  Form No. 24, as the case may be ); I do hereby strictly order and enjoin you not to repeat or continue the said nuisance. Dated, this ........................... day of ...................., 20... ( Signature ) ( Seal of the Court ) Download Word Document In English. (Rs.15/-)

  • HIRE PURCHASE AGREEMENT

    HIRE PURCHASE AGREEMENT Download Word Document In English. (Rs.25/-) Download PDF Document In Hindi. (Rs.25/-) THIS AGREEMENT is made at ... this ... day of ... between M/s. AB & Co. Ltd., a Company having registered office at ... hereinafter referred to as 'the Company' of the One Part and Mr.... of... hereinafter referred to as 'the Hirer' of the Other Part.  WHEREAS the Company is the owner of certain machinery and equipment Intended for manufacturing  and which is more particularly described In the Schedule hereunder written.  AND WHEREAS the Hirer has requested the Company to give the said machinery and equipment on hire to enable the Hirer to carry on the business of manufacturing ... with an option to the Hirer to purchase the same.  AND WHEREAS the Company has agreed to do so on the following terms and conditions agreed upon between the parties.  NOW IT IS AGREED BY AND BETWEEN THE PARTIES AS FOLLOWS:  1.                  The Company agrees to give and deliver over to the Hirer the said machinery and equipment described in the Schedule hereunder written on hire on the terms and conditions hereinafter mentioned and pursuant to the said Agreement the Company has delivered possession of the said machinery and equipment to the Hirer.  2.                  The Hirer confirms that he has inspected the said machinery and equipment before taking possession and is satisfied that it is In good and working condition and acknowledges delivery of the same to him by the Company and agrees to hold it on the terms and conditions hereinafter mentioned.  3.                  The hire-purchase price of the said machinery and equipment fixed at Rs. ... exclusive of the deposit amount mentioned in the next clause and the cost price fixed at Rs. ... is accepted by both the parties hereto.  4.                  The Hirer has paid to the Company on the execution of this agreement a sum of Rs. ... as deposit or earnest which will be adjusted against the hire purchase price of the said machinery and equipment, If the Hirer exercises the option to purchase the same as hereinafter mentioned. If the Hirer does not exercise the said option or the agreement is terminated before the exercise of such option then the said amount of deposit will be returned to the Hirer by the Company on the expiration or sooner determination of this agreement, subject to deduction of any claim which the Company may have against the Hirer under or by virtue of this agreement or in law, including the cost price of the said machinery and equipment. 5.                  During the pendency of this agreement the Hirer shall pay to the Company by equal monthly installments a sum of Rs. ... as hire charges, in advance, the first of such payments to be made on the execution of this agreement and each subsequent monthly payment will be made on or before the ... day of such each succeeding month hereafter. The payment will be made at the registered office of the Company by cash only or by cheque in the name of the Company.  6.                  If the Hirer fails to pay any monthly installment of hire charges on the due date thereof then the Hirer shall be liable to pay interest thereon at the rate of ....... per cent per annum from the date of default till payment thereof. This is however, without prejudice to the right of the Company to terminate this agreement for default in payment of the monthly Installments as hereinafter provided.  7.                  During the pendency of this agreement the Hirer shall keep the said machinery and equipment in good working condition and shall maintain It properly as a man of prudence would do and shall replace any of the parts thereof lost or disused or out-of-use or broken.  8.                  The Hirer agrees to indemnify and keep Indemnified the Company against any loss the Company may suffer due to any damage done to the said machinery and equipment by any reason whatsoever.  9.                  The Company through its authorized representative shall be entitled to inspect the said machinery and equipment during working hours at any time and for that purpose to enter Into the premises where the said machinery and equipment will be installed or kept and the Hirer shall allow the Company and its representative to do so.  10.             The Company does not give any warranty as to the quality or fitness of the mechanism of the said machinery and equipment and will not be responsible or liable for any defect found therein.  11.             The Hirer proposes to install the said machinery and equipment at ....... and agrees and undertakes not to remove the same to any other place without the prior written consent of the Company. The Hirer shall not remove the nameplates fixed to the machinery for the purpose of identification of the property of the Company during the pendency of this agreement.  12.             The Hirer shall keep the said machinery and equipment insured in the name of the Company with any recognized Insurance Company and shall pay the premium as and when due and payable regularly. The Policy of Insurance will be handed over to the Company and the Hirer shall produce the premium receipt or furnish true or Xerox copy thereof to the Company from time to time. If the Hirer fails to insure the said machinery and equipment or fails to pay the premium at any time the Company will be entitled to insure (without prejudice to Its other rights under this agreement) the same or to pay the premium as the case may be and the costs incurred by the Company will be paid by the Hirer to the Company as and when demanded.  13.             The Hirer shall use the said machinery and equipment for the manufacture of and not for any other purpose without the prior consent of the Company.  14.             The Hirer shall not give the said machinery and equipment on hire or on any other basis or to allow it to be used by any other person without the prior written consent of the Company and shall not hypothecate or pledge the same with any person to secure payment of any moneys.  15.             The ownership or property of the Company in the said machinery and equipment will continue to remain unaffected during the pendency of this agreement and the Hirer shall be considered as the bailee thereof with all the-duties and obligations of a bailee in law, until the Hirer exercises his option to purchase hereinafter provided.  16.             If any taxes or other dues are required to be paid in respect of the said machinery and equipment, the same will be paid by the Hirer and if any permit or licence to use the said machinery and equipment is required to be obtained from any Government or any local authority the same will be obtained by the Hirer at his costs and responsibility.  17.             If the said machinery and equipment or any part thereof goes out of order and requires repairs of a substantial nature the work of repairs will be carried only through a mechanic appointed by the Company and the Hirer shall pay his charges.  18.             The Hirer shall be liable to pay the hire charges every month not- withstanding whether the said machinery and equipment is working or remains idle for want of work or for any other reason.  19.             This agreement shall be deemed to have commenced from the date hereof and will remain in force for a period of... years from the date hereof that is up to the day of ... and (unless the Hirer exercises the option to purchase as hereinafter provided), on the expiration of the said period or earlier termination thereof as hereinafter provided the Hirer shall hand over back the said machinery and equipment in good working condition subject to normal wear and tear at his costs at the place of business of the Company or as may be directed by the Company provided that, the Hirer shall continue to be liable to pay hire charges until the said machinery and equipment is actually delivered over to or taken over by the Company.  20.             If the Hirer commits breach of any term of this Agreement or fails to pay any two monthly installments of hire charges, the Company will have the right to terminate this agreement by giving one month's prior notice to that effect and unless in the meanwhile the breach is remedied and the hire charges are paid as the case may be. this agreement shall, on the expiration of the notice period stand terminated. If the agreement is terminated as aforesaid the Hirer's option to purchase as hereinafter mentioned shall stand forfeited or cancelled.  21.             If the Hirer is adjudged insolvent or he allows the said machinery and equipment to be attached in execution of a decree or an order of a court or for recovery of any Government dues or if a Receiver thereof is appointed by Court or any creditor, this agreement, on the happening of any such event shall stand terminated.  22.             The Hirer shall have also a right to terminate this agreement at any time by giving not less thin fourteen days' prior notice to the company to that effect but in such a case the Hirer will be liable to pay to the Company the amounts which have accrued due towards hire charges have not been paid and the amount of hire charges payable for the period from the date of termination till the stipulated period of this agreement would expire as and by way of compensation for the loss suffered by the Company, subject to the provisions of S. 10 (2) of the Hire Purchase Act.  23.             On the termination of this agreement by efflux of time or earlier termination by the Company or the Hirer or otherwise as aforesaid, the Company shall return to the Hirer the amount of deposit less the amounts payable by the Hirer to the Company for hire charges or otherwise and the expenses to be paid or Incurred by the Hirer in terms of these presents and not paid by him.  24.             If the said machinery and equipment is lost or wholly destroyed or damaged beyond repairs by fire, floods or earthquake or for any other reason, the Hirer shall make good the loss suffered by the Company, the loss being the market price of the machinery and equipment then existing or the hire-purchase price mentioned in clause (3) above, whichever is more, Provided that, the amount of Insurance claim received if any will be adjusted against such price.  25.             The Hirer shall have the option to purchase the said machinery and equipment, and the option shall be exercised by giving one month's prior notice to the Company. The option to purchase can be exercised from the date of expiration of the stipulated period of this agreement or from any earlier date. In the former case the Hirer shall be liable to pay to the Company a sum equal to the Hire purchase price of the machinery and equipment mentioned in Clause (3) above, less the aggregate amount of installments paid up to that date or Rupee one whichever is higher. In the latter case that is if the option to purchase is exercised before the expiration of the period of this agreement, the Hirer shall be liable to pay a sum equal to the said Hire-Purchase price or the balance thereof payable by monthly installments of hire charges up to the date of the stipulated period of the agreement as reduced by a rebate which will be equal to two third of an amount which bears to the hire purchase charges the same proportion as the balance of the hire purchase price not due till then bears to the hire purchase price.  26.             On the Hirer exercising the option and paying the price of the machinery and equipment and other moneys as mentioned in clause (25) above to the Company the sale of the said machinery and equipment to the Hirer shall be deemed to be complete as on the date the option comes into operation. But until then, the Company will continue to be the owner thereof. If, however, the Hirer fails to pay the amount due and payable to the Company as aforesaid at or before the date from which the option is to become effective, this agreement shall stand terminated and the Hirer will return the machinery and equipment to the Company forthwith in good working condition as aforesaid.  27.             Notwithstanding the completion of sale of the machinery and equipment, the Company shall have a lien or charge on the same for all the moneys due and payable by the Hirer under this Agreement.  28.             The Company declares that  (a)               The Hirer shall have and enjoy quiet possession of the said machinery and equipment during the subsistence of this agreement.  (b)               That the said machinery and equipment is free from any charge or encumbrance in favour of any third person.  (c)               The Company has a right to sell the said machinery and equipment.  (d)               The said machinery and equipment is new/second hand.  29.             The Hirer shall not assign the benefits and rights under this Agreement to any other person without the prior written consent of the Company which consent shall not be unreasonably withheld or refused.  30.             If on the determination of this agreement by efflux of time or otherwise, the Hirer fails to deliver the said machinery and equipment to the Company, without there being any dispute the Company will be entitled to file a suit or take other proceedings to recover possession thereof and the Hirer will be liable to pay all the costs, charges and expenses incurred by the Company, in that behalf subject to any order of the Court.  31.             If any dispute arises between the parties out of or in connection with the agreement whether in the nature of interpretation or meaning of any term hereof or as to any claim by one against the other, or otherwise the same shall be referred to arbitration of a common arbitrator if agreed upon. otherwise to two arbitrators one to be appointed by each party hereto and the arbitration shall be governed by the Arbitration Act, 1940.  THE SCHEDULE ABOVE REFERRED TO (List /Description of machinery & equipment) Signed and delivered for and  on behalf of M/s. A B & Co. Ltd., by Mr. ... a Director of the  Company duly authorized by a Resolution of the Board of Directors dated ...  in the presence of ...  Signed and delivered by the within named Hirer Mr. in the presence of ...

  • AGREEMENT FOR HIRE OF ELECTRIC FAN

    AGREEMENT FOR HIRE OF ELECTRIC FAN AN AGREEMENT  made at………….this………….day of...................20……between M/s. A B & Sons, a partnership carrying on the business of electrical appliances at…………(hereinafter called the "Owner") of the ONE PART and X son of Y resident of...................(hereinafter called the "Hirer") of the OTHER PART.   WHEREBY IT IS AGREED AS FOLLOWS:   (1) The owner will let on hire to the hirer from the………….day of………….for a period of ………….months, an electric fan No………….of………….make………….Model   (2) The owner shall deliver the fan at his own expense at the house of the hirer at………….on the said………….day of..................and the owner or his servants shall instal the said fan in the room of the said house in accordance with the directions of the hirer.   (3) The hirer shall during the continuance of hiring pay to the owner at his address for the time being and without previous demand by way of rent for the hire of the said fan, the monthly sum of Rs………….payable in advance, the first payment to be made on the execution of these presents and each subsequent payment on the ………….day of every succeeding month.   (4) The hirer during the continuance of the hiring will not sell, assign, mortgage, pledge, underlet, lend or otherwise deal with the said fan but will keep the said fan in his own possession and will not remove the said fan from the place where the said fan is installed without the consent of the owner in writing and will protect the said fan against distress, execution or seizure and indemnify the owner against all losses, costs, charges, damages and expenses incurred by him by reason or in respect thereof.   (5) The hirer during the continuance of the hiring will at his own expense keep the said fan in good and substantial repair and condition (reasonable wear and tear excepted) and will permit the owner or his agents or servants at all reasonable times to have access to the said fan and to inspect the state and condition thereof.   (6) The hirer may determine the hiring at any time by ............... days notice in writing to the owner at his address for the time being and by returning the said fan to the owner and shall thereupon pay to the owner all money then payable to him under this agreement.   (7) If the hirer shall make default in punctual payment of any monthly rent or shall fail to observe or perform or shall commit any breach of any stipulation or condition binding upon him hereunder, then  the owner may without notice determine the hiring and may retake possession of the said fan and for that purpose, the owner, his servants or agents may enter upon any premises upon or in which the said fan may be believed to be installed.   (8) Any time, indulgence or relaxation granted by the owner shall not affect the strict rights of the owner under this agreement.       IN WITNESS WHEREOF , the parties have executed this agreement on the day and the year first hereinabove written.   WITNESSES 1 Signed and delivered by M/s. A B & Sons, the within named owner by its partners 2 Signed and delivered by X, the within named hirer Download Word Document In English. (Rs.20/-) Download PDF Document In Hindi. (Rs.20/-)

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