PURCHASE: Rent a new or premium used instrument and apply toward purchase all continuous fees up to 36 months. Rental fees are applied to the retail price of the instrument only and may not be used in conjunction with other sale specials. Percussion and string instruments are rent to own for a 12 month term, while wind instruments are the full 36 month term. RENT PAYMENTS WHICH ARE PAST DUE BY TEN (10) DAYS OR MORE SHALL NOT BE CREDITED TOWARD THE PURCHASE PRICE.
TERMS: The terms of this rent shall be from month to month and shall be automatically renewed each month until terminated by either party upon 7 days’ notice. Delinquency charge: There will be a delinquency charge assessed
in the amount of $5.00 for any payment not received on or before the 10th day after its due date.
REPAIRS: Instrumental Music Company, Inc. agrees to maintain this rental instrument in satisfactory playing condition and to repair any physical damage according to the terms of the maintenance and repair plan. THERE
IS NO ADDITIONAL CHARGE FOR THIS COVERAGE.
RETURN: TO AVOID FURTHER MONTHLY RENT PAYMENTS, RENTER MUST NOTIFY INSTRUMENTAL MUSIC COMPANY, INC. OF THE TERMINATION OF THE RENTAL AND PERMIT THEM TO TAKE POSSESSION OF THE INSTRUMENT PRIOR TO THE EXPIRATION DATE. IN THE EVENT THIS INSTRUMENT IS NOT RETURNED AS REQUIRED OR IS DAMAGED BEYOND REPAIR, THE UNDERSIGNED AGREES TO PAY A SUM EQUAL TO 70% OF THE PUBLISHED LIST PRICE OF THE INSTRUMENT, REGARDLESS OF AGE OR PREVIOUS CONDITION OF THE RENTAL INSTRUMENT. IN ALL CASES, THE DECISION OF INSTRUMENTAL MUSIC COMPANY, INC. SHALL BE FINAL.
DEFAULT: Upon default by renter, INSTRUMENTAL MUSIC COMPANY, INC. shall be entitled immediately to recover possession of the instrument and customer shall pay INSTRUMENTAL MUSIC COMPANY, INC. costs, including actual attorney’s fees incurred in enforcing its rights hereunder. If the undersigned moves from the address shown on this agreement, INSTRUMENTAL MUSIC COMPANY. INC. will be advised promptly and shall have the option to cancel this agreement. If rental agreement is cancelled, renter may at their option, purchase the rented instrument for the current balance.
INDEMNITY: Renter agrees to indemnify and hold Instrumental Music Company, Inc. harmless from any and all costs, expenses and liabilities which may arise from the proper or improper use of the instrument.
NOTICE OF CUSTOMER'S RIGHT TO CANCEL: You may cancel this agreement by either calling or emailing the store or by mailing a written notice to Instrumental Music Company, Inc.
REMEDIES UPON DEFAULT: Instrumental Music Company, Inc. shall notify renter of any default under this Agreement. Renter shall have a period of 15 days to cure the default. If the default is not cured within 15 days Instrumental Music Company, Inc. may terminate this Agreement immediately and repossess the instrument. Renter shall pay the balance owing under this Agreement immediately. Instrumental Music Company, Inc. shall be entitled to take any legal action necessary to collect any moneys owed and to repossess the instrument. Renter shall pay any and all court costs along with Instrumental Music Company, Inc.'s actual attorney fees. Nothing set forth herein shall prohibit Instrumental Music Company, Inc. from terminating this Agreement as set forth under the Terms Section of this Agreement.
RENTER ACKNOWLEDGES RECEIPT OF THIS STATEMENT AND DELIVERY OF THE INSTRUMENT FOR RENTER'S USE AS OUTLINED ABOVE SHALL CONSTITUTE RENTER'S ACCEPTANCE OF THIS AGREEMENT.
Your monthly instrument rental fees will be automatically charged to your Discover, MasterCard, or Visa card on your due date per the terms of your Instrumental Music Company rental agreement. Late payment fees apply if card is dishonored. (See terms*)
YOU HAVE THE RIGHT AT ANY TIME TO PAY IN ADVANCE THE UNPAID BALANCE DUE UNDER THIS AGREEMENT AND YOU MAY BE ENTITLED TO A PARTIAL REFUND OF THE FINANCE CHARGE.
Included with your IMC Rental fee:
Repairs: Repairs to the instrument will be made at no cost. In the event of total destruction of the instrument or loss due to fire or other natural disasters, the renter is responsible for 70% of the published list price. In the event of theft, the renter must file a police report and provide Instrumental Music Company a copy within 7 days of the incident. At that time Instrumental Music Company will issue the renter another instrument.
Maintenance: All adjustments and repairs will be made to keep the instrument in proper playing condition. This does not include restoration of finish or replacement of any expendable items such as reeds, lubricants, and drum
sticks. Replacement of one mouthpiece will be made at no charge upon exchange of a broken one.
Instrumental Music Company, Inc. will not reimburse renter for repairs performed on leased instruments by any third party.
If at any time you have questions or concerns, please contact us for assistance.
Thank you for choosing Instrumental Music Company!