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Lease Agreement Acknowledgement Form

Enter the invoice number provided in your rental invoice email.
Click or drag a file to this area to upload.
Please upload your Certificate of Insurance showing full equipment coverage and listing Ryno Industries, LLC as both Additional Insured and Loss Payee.

🔹 QUICK SUMMARY OF KEY TERMS

  • Monthly Rental Rate: Machine-specific (see your invoice)
  • Cleaning Fees: Based on application (aggregate, concrete, or asphalt)
  • Other Charges: May include screen media, blow bars, rotor wear, transport, fuel, and wear parts
  • Payment Terms: The first invoice, including all fees and charges (rental, transport, cleaning, and applicable wear parts), must be paid in full prior to delivery
  • Insurance: Full-value coverage required; Ryno Industries must be listed as Additional Insured and Loss Payee
  • Default: Missed payments, lack of insurance, or misuse may result in repossession and legal action
  • Jurisdiction: Disputes resolved in Boulder County, Colorado
  1. CUSTOMER & EQUIPMENT INFORMATION

Lessee must complete this form with contact details, jobsite address, and selected equipment.
Equipment specifications, serial numbers, attachments, and rental terms are outlined in your invoice.

  1. RENTAL TERMS
  • Rentals follow a 28-day billing cycle with up to 176 operating hours included.
  • Overage is billed separately (hours or days—whichever exceeds first).
  • Rentals are pre-invoiced.
  • Delivery will not occur until the first invoice, including all applicable fees and charges, is paid in full.
  • Billing continues until:
    • Written cancellation is received and
    • Equipment is returned to Ryno Industries
  1. LOGISTICS
  • Jobsite Address: Provided by Lessee via online form
  • Transport Date: Specified in the official invoice
  • Return Location: Ryno Industries Yard, 11840 State Hwy 52, Fort Lupton, CO 80621
  • Delivery & Pickup: Coordinated by Ryno Industries; charges included in your invoice
  1. USE & MAINTENANCE

Lessee is responsible for:

  • Operating and maintaining equipment per manufacturer’s guidelines
  • Performing required service
  • Returning equipment in clean, good working condition

Cleaning Fees (Applied to All Rentals):

  • Aggregate: $1,000
  • Concrete: $2,000
  • Asphalt: $5,000

Equipment must be returned free of debris, buildup, and hardened material.
Additional cleaning charges may apply if equipment requires extra cleaning beyond standard use.

  1. WEAR PARTS & SCREENS

Lessee is responsible for all consumables and wear-related parts, including:

  • Blow bars, liners, screens, belts, and rotor components
  • Repairs resulting from misuse or neglect

Screen Policy:

  • First set of screens is free if in stock
  • Specialty or out-of-stock screens must be quoted and prepaid
  • Screen swaps (parts + install) are billed to Lessee
  • If screens are required for your rental and not in stock, they must be paid for prior to ordering. Lead times may delay the rental start date, and in some cases, may result in Ryno Industries declining the rental if screens cannot be sourced in time.

 

  1. FUEL POLICY

If returned without a full tank, a fuel charge of $8.00 per gallon will be applied.

  1. INSURANCE REQUIREMENTS

Lessee must:

  • Maintain full-value insurance on all leased equipment
  • List Ryno Industries, LLC as Additional Insured and Loss Payee
  • Upload a current Certificate of Insurance (COI) before delivery

Failure to provide a COI = Lease Default

  1. OWNERSHIP & TITLE

All leased equipment remains property of Ryno Industries. Lessee may not:

  • Sublease, relocate, or encumber the equipment
  • Remove ownership markings

Ryno Industries may file a UCC lien or mark the equipment for identification.

  1. RISK OF LOSS

Lessee assumes all risks, including theft, accident, vandalism, misuse, and weather damage.
Insurance does not release Lessee from liability.

  1. LEGAL COMPLIANCE

Lessee is responsible for following all local, state, and federal regulations, including:

  • Safety, air quality, and environmental codes
  • Obtaining any required permits
  1. INDEMNIFICATION

Lessee agrees to indemnify and hold harmless Ryno Industries from any damages, claims, losses, or legal costs arising from the use, transport, or condition of the equipment.

  1. DEFAULT & REMEDIES

A default occurs if the Lessee:

  • Misses a payment
  • Fails to provide valid insurance
  • Misuses or moves equipment without approval
  • Files bankruptcy or provides false lease information

Upon default, Ryno Industries may:

  • Terminate the lease
  • Repossess equipment (with or without notice)
  • Accelerate all unpaid balances
  • Charge 18% annual interest on overdue amounts
  • Recover legal and repossession costs

Lessee remains responsible for:

  • Unpaid rent
  • Damage beyond normal wear
  • Loss of rental income
  • Forfeited purchase options
  1. JURISDICTION

This Agreement is governed by Colorado law.
All legal matters must be resolved in Boulder County, Colorado.

 

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