
The terms used in this agreement shall have their normal or common meaning, except that the following capitalized terms shall have the following meanings for the purpose of this Agreement. In consideration of the mutual covenants and promises in this Agreement, the receipt and sufficiency f which consideration is hereby acknowledged, the Lessor leases the Equipment to the Lessee, and the Lessee leases the Equipment from the Lessor on the following terms:
To the extent that, as part of providing the Service, Global Fitness will provide commercial fitness equipment in exchange for consideration given by Lessee to allow the purchase of said products. Lessor is the rental company which facilities the sale or lease of commercial fitness equipment. Lessee is interested in obtaining or leasing commercial fitness equipment from Lessor. By entering into this Agreement, You agree to the terms and conditions to this Agreement, as may be altered from time to time by Global Fitness without notice. (“Global Fitness”, “We”, “Us”, or “Lessor”), collectively called “Parties”. THIS RENTAL AGREEMENT (“Agreement”) as of the effective date, is a contract between you (“You” or “Lessee”) and Global Fitness Inc.