Example Of Hire Purchase Agreement

The tenant also has the right to terminate this contract at any time by dismissing the company no less than fourteen days in advance for this purpose, but in this case the tenant is obliged to pay the company the sums incurred for the rental costs, have not been paid and the amount of the rental fees to be paid for the period from the date of termination to the agreed amount. The period of this agreement would be considered as compensation for the damage suffered by the company, subject to the provisions of S. 10 (2) of the Liberty and Security Act. 18 end. The tenant is obliged to pay the rental fee every month, whether these machines and appliances are operating or remain inactive for lack of work or for other reasons. The tenant who becomes a buyer is a bailout until he pays the full price of the goods.. . .

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