This Reusable Pallet Loan Agreement ("Agreement") is entered into as of ("Effective Date") by and between:
Lender:
Address:
Borrower:
Address:
The Lender agrees to loan reusable pallets to the Borrower for the purpose of .
| Description | Quantity | Identification Number(s) |
|---|---|---|
The loan period shall commence on and shall conclude on , unless otherwise terminated in accordance with this Agreement.
The Borrower shall keep the pallets in good condition, normal wear and tear excepted. Borrower shall not alter, damage, or misuse the pallets.
The Borrower shall return all pallets in good, usable condition to the Lender at the end of the loan term or upon Lender's request.
The Borrower is responsible for any loss or damage to the pallets, and agrees to reimburse the Lender for repair or replacement costs.
Any amendments to this Agreement shall be made in writing and signed by both parties.