Commercial Hvac Maintenance Contract
Commercial HVAC Maintenance Contract
This Commercial HVAC Maintenance Contract ("Contract") is made and entered into this date [Date] by and between [Service Provider Name] with its principal place of business at [Service Provider Address] (hereinafter "Service Provider"), and [Client Name], with its principal place of business at [Client Address] (hereinafter "Client").
I. Purpose
The intention behind this Contract is to meticulously lay out and establish the terms, conditions, and specifics under which the Service Provider, whose main duty under this agreement is to provide maintenance services for heating, ventilation, and air conditioning (HVAC) systems, will be delivering these services to the Client.
II. Scope of Services
The Service Provider hereby agrees to offer a robust and all-inclusive range of services related to preventative and emergency maintenance, specifically for the Heating, Ventilation, and Air Conditioning (HVAC) system or systems that belong to the Client. These services will be provided as necessary at the location where the HVAC system or systems are presently installed, which is identified herein as the "Property Location".
III. Term of Contract
This Contract will officially begin and take effect starting from the date that has been stipulated as the Contract Start Date. It will continue for a defined duration, identified in this document as 'term', until either this designated stint has elapsed or when it has been earlier terminated due to the provisions and conditions annotated within this Contract.
IV. Payment Details
4.1 Fee
The Client agrees to compensate the Service Provider for the maintenance services rendered at the rate of [amount] per [period]. This fee is inclusive of all costs and charges associated with the provision of these services.
4.2 Payment Schedule
The Client shall make payments to the Service Provider every month, in advance, for the upcoming month of service. The first payment shall be made on or before the commencement of the contract, with subsequent payments due on the first day of each month thereafter.
4.3 Late Payments
In the event of late payment, the Client shall be subject to a late fee of $50 or 5% of the overdue amount, whichever is greater, for each month that the payment remains outstanding beyond the due date.
4.4 Payment Method
Payments shall be made via bank transfer, using the following bank account details provided by the Service Provider. If alternative payment methods are preferred, such as check or electronic payment, both parties shall mutually agree upon the preferred method and provide the necessary details for such transactions.
4.5 Invoice
The Service Provider shall provide the Client with an itemized invoice detailing the services provided and the corresponding charges. The invoice shall be submitted to the Client [period] before the due date for payment.
V. Termination
In the situation that either Party involved in this Contract desires to terminate it, it is entirely permissible given certain conditions are met. The provision that must be satisfied includes the submission of a termination notice, given by the Party intending to terminate the contract. This notice must be given in written form to the opposing Party involved in the Contract. The duration of this provided notice period is [notice period] days. This time duration is required to prepare for the cessation of the Contract.
VI. Indemnification
Each Party involved in this Contract is by the agreement that they will indemnify, meaning compensate for harm or loss, and hold the other Party harmless, protecting them from blame or responsibility. This indemnity and protection cover any claims made, liabilities incurred, damages sustained, and expenses arising from the performance of services under the stipulations and conditions of this Contract.
VII. Governing Law
This agreement, also known as a contract, along with any disputes or disagreements that may potentially arise from its interpretation, application, or breach, will be entirely subject to and governed by the established laws of the specified jurisdiction.
VIII. Confidentiality
Both Parties involved in this Contract have mutually established an agreement. According to this agreement, they will not disclose any form of confidential information that they happened to obtain from their counterpart during the period of this Contract. Nonetheless, there is one exception to this clause. If either of the Parties is required by the law, due to any sort of legal proceedings or similar circumstances, they are permitted to disclose any necessary confidential information.
IX. Entire Contract
This Contract contains the entire understanding between the Parties and supersedes all prior understanding or agreements, whether oral or written, between the Parties concerning its subject matter.
IN WITNESS WHEREOF, the parties hereto have executed this Commercial HVAC Maintenance Contract as of the date first above written.
[SERVICE PROVIDER NAME]
[CLIENT NAME]
