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The Equipment Hire Agreement is essential for businesses and individuals in Belgium who need to formalize temporary equipment rental arrangements. This document is particularly relevant when valuable or specialized equipment is being rented for commercial, industrial, or professional use. The agreement ensures compliance with Belgian legal requirements, including the Civil Code's provisions on rental contracts and the Code of Economic Law's commercial practice regulations. It covers crucial aspects such as equipment specifications, rental duration, payment terms, maintenance responsibilities, and insurance requirements. The document is designed to protect both the lessor's property interests and the lessee's usage rights while establishing clear liability and risk allocation. It's commonly used in various sectors where equipment rental is frequent, such as construction, manufacturing, and events management.

1. Parties: Identification of the lessor and lessee with full legal names, registration numbers, and registered addresses

2. Background: Context of the agreement and brief description of the business relationship

3. Definitions: Definitions of key terms used throughout the agreement

4. Equipment Description: General description of the equipment being hired, referencing detailed specifications in Schedule 1

5. Term and Delivery: Duration of the hire period, delivery dates, and conditions for renewal

6. Rental Payments: Payment terms, rates, frequency, and method of payment, including VAT provisions

7. Deposit: Details of any security deposit required, conditions for retention and return

8. Use of Equipment: Permitted use, location restrictions, and operator requirements

9. Maintenance and Repairs: Responsibilities for maintenance, repairs, and replacement parts

10. Insurance and Risk: Insurance requirements and allocation of risk for damage or loss

11. Lessor's Warranties: Warranties regarding equipment condition and fitness for purpose

12. Lessee's Obligations: Key responsibilities including proper use, maintenance, and return conditions

13. Liability and Indemnity: Limitation of liability and indemnification provisions

14. Termination: Grounds for termination, notice requirements, and consequences

15. Return of Equipment: Conditions and procedures for returning the equipment

16. General Provisions: Standard clauses including governing law, notices, and entire agreement