Apply Online

1. The owner hereby lets and the Hirer hereby takes on hire the goods described in the order list hereto (hereinafter called ‘the Goods’)
2. The hire purchase price shall be paid by the Hirer in the order list
3. Upon the payment in full of the hire purchase price, the hirer shall have the option to acquire the property in the
4. The owner shall, upon the signing of this agreement and payment of the initial deposit by the hirer, give possession of the goods to the
5. The goods shall during the continuance of the hiring be kept in the custody and control of the
6. The hirer shall keep the goods in good and substantial state of repair and shall be responsible for all risk
7. The Hirer shall not under any circumstances, without the written consent of the Owner, remove the Goods from his address specified in this agreement or other permitted
8. The hirer shall not, without the prior consent of the owner, make any alternation whatsoever to the
9. The owner or his duly authorized agents shall be permitted by the hirer, at all reasonable times to inspect the condition of the goods and for such purpose enter upon any premises where the goods
10. The hirer shall not hold himself or herself out as the owner of the Goods or sell, assign, transfer, pledge, sublet or otherwise deal with the goods or in any manner inconsistent with the purpose for which the goods were out on
11. The hirer shall give immediate notice to the owner of any change in his address or of the premises in which the goods are
12. The hirer shall not use the goods or permit their use in a manner contrary to any laws, statutes or regulations for the time being in force.
13. The hirer shall keep the goods free from any distress, execution or legal
14. Immediately upon the execution of this agreement, the hirer shall, in the joint name of the owner and the hirer insure with a reputable insurance company and keep insured during the continuance of the hirer against damage or loss by theft, fire and such other risks as the owner may
15. The hirer shall pay all premiums as they fall due and such other sums as may be required to keep the insurance
16. On demand by the owner or its authorized agents, the hirer shall produce for their inspection the policy of insurance and all receipts for premiums
17. In the event of the goods being damaged during the hiring period, all monies paid under the policy of insurance shall be applied to the repair of the damage, if this is
18. In the event of the goods being damaged beyond repairs or stolen or lost, the money paid under the policy of insurance shall be applied in paying the hire purchase price and if there is any surplus, such shall be paid to the
19. If the hirer commits a breach of any of the provisions of this agreement or became insolvent or being a limited liability company goes into liquidation, whether compulsory or voluntary or if distress is levied or threatened against the goods or if the goods are taken in execution, then in each and every such event, the owner shall be entitled to the revision of the terms of the contract or immediate possession of the goods
20. When the owner becomes entitled to immediate possession of the goods, under clause19 above, he may without notice to the hirer, terminate this agreement and retake possession of the goods
21. The hirer, having duly paid the hire purchase price and observed all the terms and conditions of this agreement, become the absolute owner of the
22. If at any time during the continuance of the hiring, the hirer pays to the owner an amount equal to the difference between the hire purchase price and the total of all the sums already paid, the hirer shall become absolute owner
23. Any notice required to be served under this agreement shall be sufficiently served on the hirer if sent by registered mail or by facsimile to his (its) last known address in Ghana or delivered personally to him (it) and on the owner if sent by registered mail or by facsimile to its office at GT-337-2885 behind church of Pentecost Felix Elvis Antwi Memorial Temple near Kari Anang courts, Lashibi or its last known place of

GUARANTEE

24. Reposed charges are made when good sold out are There is a reschedule charge If the lender agrees to change the hire purchase terms
25. The Guarantor has hereby agreed to guarantee the due performance of the obligations of the hirer under the
26. In consideration of the owner agreeing to the request of the Guarantee to enter into the agreement, the guarantor hereby GUARANTEES the due payment of all sums becoming due under the agreement, subject to the following conditions:
    1. If the hirer defaults in the payment of any sum under the Agreement for two (2) months, the Guarantor shall upon a written request by the owner, pay to the Owner the sum which is in
    2. This guarantee shall continue to be in force and not revocable until the date of final payment of the hire purchases price and shall not be discharged by the death or bankruptcy of the hirer, provided that if the Owner retakes the goods, the subject matter of the Agreement, whether or not in accordance with the terms of the Agreement, the liability of the Guarantor shall be limited only to the sums which have accrued and due up to the time goods are repossessed by the owner.