- All invoices are due and payable within 30 days from the date of invoice with a late fee being applied after 45 days.
- If equipment is rented for more than four weeks, periodic unsigned invoices will be issued for rental charge due. All such invoices are due and payable within 30 days of invoice date.
- At the discretion of Shale Rental Equipment & Services, LP, any account with a delinquent balance may be placed on a cash basis at any time, and the equipment may be picked up without notice.
- Shale Rental Equipment & Services files preliminary lien notices and mechanics liens whenever necessary or required by law. This is a Company policy and not a reflection of your credit standing.
- For each delinquent account, customer agrees to pay a monthly service charge equal to 2% of the past due balance or the maximum service charge permitted by law in the state where the contract is signed.
- Customer agrees to pay all reasonable attorney fees, court costs and court costs incurred by Shale Rental Equipment & Service in enforcing these terms and conditions.
- Customer authorized Shale Rental Equipment & Services to obtain credit reports, trade reports and bank references for the purpose extension or continuation of credit to the customer.
- Customer agrees to the Terms and Conditions as stated on each and every Shale Rental Equipment & Services agreement, contract or invoice.
The undersigned warrants that all information is correct, has read accepted and agrees to be bound by all the terms set forth in this document and each rental contract entered into by the undersigned or its agents. It is understood and agreed that the undersigned specifically consents to Shale Rental Equipment & Services investigating the applicant’s credit history and may utilize credit reporting services for information on the undersigned. Facsimile copies will be accepted as originals. The Federal Equal Credit Opportunity Act/Regulation B prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the ability to enter into a binding contract), because of all or part of the applicant’s income derives from a public assistance program; or because the applicant has, in good faith, exercised any right under the Consumer Credit Protection Act. The Federal Agency that administers compliance with the law concerning this credit is the Federal Trade Commission, Division of Credit Practices, 6th and Pennsylvania Avenue NW, Washington, D.C. 20580.