Terms & Conditions
(Commercial Freezer & Chiller)
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Introduction
These Terms and Conditions (“Agreement”) govern the rental of commercial fridges from Cool Lab Enterprise (“we”, “our”, “us”) to the customer (“you”, “your”). By signing a rental agreement or making payment, you agree to be bound by these Terms. -
Rental Period
- The rental period begins on the date of delivery and continues until terminated in accordance with this Agreement.
- Minimum rental duration: [Insert duration, e.g., 6 months].
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Rental Fess & Payment
- Monthly rental fees are payable in advance by the [insert due date, e.g., 1st of each month].
- Payments must be made via [insert accepted methods: bank transfer, credit card, etc.].
- Late payments may incur a penalty of [insert % or fixed fee].
- Important Note: If rental payment is not received within [insert grace period, e.g., 14 days] after the due date, we reserve the right to remotely disable the fridge’s power supply until payment is settled.
- Any losses, damages, or spoilage of goods resulting from the fridge being turned off due to non-payment will be solely borne by the customer.
- Service will be restored once outstanding payments are cleared.
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Security Deposit
- A refundable security deposit of [insert amount, e.g., RM500] is required before delivery of the fridge.
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The deposit will be held to cover:
- Damages beyond normal wear and tear
- Loss of equipment
- Unpaid rental fees or penalties
- The deposit (or balance after deductions) will be refunded within [insert timeframe, e.g., 30 days] after the fridge is returned in good condition and all outstanding payments are cleared.
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Delivery & Installation
- We will deliver and install the fridge at your premises.
- Delivery charges may apply depending on location.
- You are responsible for providing suitable access and space for installation.
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Use of Equipment
- The fridge must be used only for lawful commercial purposes.
- You must not sublet, resell, or transfer the fridge to third parties.
- You are responsible for proper care and routine cleaning of the fridge.
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Maintenance & Repairs
- We will provide maintenance and repair services for normal wear and tear.
- Damage caused by misuse, negligence, or unauthorized repair will be charged to you.
- You must notify us immediately of any malfunction.
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Ownership
- The fridge remains the property of [Your Company Name] at all times.
- You acquire no ownership rights by renting the fridge.
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Termination
- Either party may terminate the rental agreement with [insert notice period, e.g., 30 days] written notice.
- We reserve the right to terminate immediately if you breach this Agreement or fail to make payments.
- Upon termination, you must return the fridge in good condition (subject to normal wear and tear).
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Liability
- We are not liable for any indirect, incidental, or consequential damages arising from the use of the fridge.
- Our liability is limited to the rental fees paid in the preceding [insert period, e.g., 3 months].
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Governing Law
This Agreement is governed by and construed in accordance with the laws of Malaysia. -
Contact Information
For inquiries regarding these Terms, please contact:
Cool Lab Enterprise
Email: fridgekitchen4@gmail.com
Phone: +60 11-2328 8443
Address: LOT 2673A/A Jalan Kampung KG Baru, Sungai Buloh, Shah Alam, Malaysia, 47000