Do You Need to Revise Your Customer Contracts?
A typical textile rental industry customer service contract contains three clauses that textile rental companies believe are essential to the viability of their businesses. They include:
- An automatic-renewal clause providing that unless one of the parties gives the other notice within a certain time period prior to the end of the contract term, the contract will automatically renew for another term.
- A price-increase clause that permits the textile rental company to increase prices during the term of the contract, and
- A buy-back or liquidated-damage clause that provides that in the event that ...
This content is an exclusive benefit for TRSA members.
If you’re a member, log in and you’ll get immediate access.
If you are not yet a TRSA member, please join today to get access to this content and much more. You can also contact TRSA at 877.770.9274.