Terms and Conditions for Taxi Meter Hire

Terms and Conditions for Taxi Meter Hire

These Terms and Conditions apply to the hire of taxi meters from Global Meter Systems Limited Company number – 03399481(referred to as “the Company”). 

By hiring the meter from the Company, the Hirer is agreeing to the following terms. If the Hirer does not agree to the following terms or any part thereof, the Hirer should notify the company within 72 hours of the initial hiring by emailing [email protected] or by recorded post at 171 Lukin Street London E1 0BN.

1. Contract Duration

The hire agreement for the taxi meter is for a fixed term of 12 months, starting from the date of installation or delivery of the meter.

2. Ownership

The taxi meter remains the sole property of the Company at all times. The Hirer has no right of ownership or title over the meter during or after the hire period.

3. Payment Terms

  • Hire charges must be paid in full and in advance for the entire 12-month contract period unless otherwise agreed in writing.
  • Payments must be made in the manner prescribed by the Company, and the Hirer is responsible for ensuring all payments are made on time.
  • The Company reserves the right to charge the Hirer late fees for unreturned meters on a pro rata basis based upon the rates advertised on the Cabvision.com website.

4. Early Termination

  • Should the Hirer wish to terminate the contract early, a termination administration fee equivalent to three (3) months’ hire charges plus VAT will apply.
  • Notice of early termination must be provided in writing to the Company.

5. Return of the Taxi Meter

  • At the end of the hire term, or in the event of early termination, the Hirer is required to return the meter to the Company in good working condition.
  • If the meter is not returned within fourteen (14) days after the end of the contract or termination, the Company will issue an invoice for the replacement cost of the meter.
  • The Company reserves the right to charge late return fees. Late return fees shall be calculated on a monthly basis, with a one month charge as minimum.

6. Unreturned Meters

  • The Company does not chase unreturned meters. In cases where the meter is not returned, the Hirer will be invoiced for the replacement cost of the meter, which is £325.00 plus VAT.
  • The Hirer will remain liable for any unpaid invoices relating to the unreturned meter.
  • The Hirer may also be charged Late Fees.

7. Replacement Costs

If the meter is lost, stolen, damaged beyond repair, or otherwise not returned at the end of the contract, the Hirer will be charged the replacement cost of £325.00 plus VAT.

8. Maintenance and Care

  • Subject to fair usage, the Company is solely responsible for the maintenance and repair of the meter during the hire period.
  • Any damage caused to the meter through misuse or negligence will be the responsibility of the Hirer, and repair or replacement costs will be charged accordingly.

9. Liability

  • The Company is not responsible for any loss or damage suffered by the Hirer as a result of the use of the taxi meter.
  • The Hirer assumes full responsibility for the use and care of the meter.

10. Faults and Repairs

  • Any faults or issues with the meter must be reported to the Company immediately. The easiest way to do this is via email [email protected]
  • The Company will arrange for repairs or replacement if the meter is found to be faulty through no fault of the Hirer. The Hirer is responsible for ensuring the meter is available for repair or replacement in a timely manner.
  • The Hirer at their choosing may attend any of the Company’s workshops for repair or replacement.

11. Amendments

The Company reserves the right to amend these Terms and Conditions by giving 28 days notice to the Hirer, and any amendments will be communicated to the Hirer by email.

12. Governing Law

These Terms and Conditions are governed by the laws of the United Kingdom and Wales, and any disputes will be subject to the exclusive jurisdiction of the law courts of the United Kingdom.

By hiring the meter, the Hirer agrees to be bound by these Terms and Conditions.