TERM AND FEE. The term of this Agreement shall commence as of the date written. Occupant shall pay BINZ a monthly or annual Fee, without deduction, prior notice, demand or billing statement, in advance of the renewal date. Prior to storing any Vehicle at the Property, all Occupants with monthly agreements shall pay one month’s storage fee, as shown in the table below, to reserve space at the Property. Occupants shall pay subsequent monthly fees on the first day of their renewal period. All Occupants with annual agreements shall pay an upfront annual storage fee as shown in the table below prior to accessing the Property.
| MONTHLY | ANNUAL (20% Reduction) | |
|---|---|---|
| Vehicle | $500.00 | $4,800.00 |
CANCELLATION POLICY. Monthly agreements shall be renewed monthly on their date of renewal until either Occupant or BINZ terminates the Agreement by providing a 30-day notice of termination. BINZ does not provide refunds for cancellations within 30 days of renewal. If an Occupant notifies BINZ of their intent to terminate the Agreement less than 30 days prior to the first of the subsequent month, they will be charged the monthly storage fee for the entire subsequent month.
Annual agreements shall be renewed annually until either Occupant or BINZ terminates the Agreement. BINZ does not provide refunds for Occupant- initiated cancellations. Occupants will receive an email reminder 30 days prior to their renewal date. Occupants must notify BINZ of their intention to cancel no less than 5 days prior to their renewal date to avoid additional service charges. Any Occupant notifying BINZ of their intention to cancel within 5 days of their renewal date will be charged a $250.00 service charge.
In the event BINZ terminates the Agreement for any reason other than non- renewal, BINZ shall provide a minimum of 5 days prior written notice to Occupant. Occupant shall then remove the Vehicle at Occupant’s expense within 10 days of receipt of said notice.
USE OF PROPERTY AND COMPLIANCE WITH LAW. Prior to storing any Vehicle with BINZ, Occupant and BINZ shall evaluate the Vehicle and complete an inspection report noting any defects. Occupant will leave vehicle outside and BINZ team will park car owners must leave vehicle with at least half a tank of gas. Occupant shall store only Vehicles that belong to Occupant. During the Agreement, Occupant shall maintain an insurance policy covering bodily injury, property damage and comprehensive insurance which insures BINZ against any liability arising from the Occupant’s use of the Property. Any lapse in insurance that is not immediately remedied is a default under this Agreement.
No personal property other than Vehicles are permitted. Storage of personal property in or around the Vehicle is strictly prohibited and shall place the Occupant in default of this Agreement. BINZ shall not be liable for any damage or loss to any personal property stored within the Vehicle. Any personal property stored in the vehicle is at Occupant’s risk and should be covered by Occupant’s insurance. Occupant shall not permit any Hazardous Materials (as defined below) to be stored in the Vehicle or the Property or store any improperly packaged food or perishable goods, flammable materials, explosives, weapons, ammunition and other inherently dangerous material in the Vehicle or the Property and shall not store any item in the Vehicle which would result in the violation of any law or regulation of any governmental authority, including without limitation, all laws and regulations relating to Hazardous Materials, waste disposal and other environmental matters, weapons or controlled substances and Occupant shall comply with all laws, rules, regulations and ordinances of any and all governmental authorities concerning the Vehicle and its use. For purposes of this Agreement, “Hazardous Materials” shall include but not be limited to any hazardous or toxic chemical, gas, liquid, substance, material or waste (including, in some jurisdictions, vehicle tires) that is or becomes regulated under any applicable local, state or federal law or regulation. Occupant shall not use the Property in any manner that will constitute waste, nuisance or unreasonable annoyance to BINZ, or BINZ’s Affiliates, or other Occupants in the Property, nor perform any work of any kind on the Property.
Occupant shall provide any necessary equipment to operate the Vehicle to BINZ. Occupant authorizes BINZ to operate and move the Vehicle as needed. If BINZ needs to move the car, and the car does not start, BINZ reserves the right to jump Occupant’s car.BINZ shall provide access to the Vehicle upon receiving a minimum of 24 hours prior notice from the Occupant. Access shall be subject to such terms as BINZ deems appropriate, and BINZ shall notify Occupant of times of access. BINZ reserves the right to limit access to the Property and Vehicle at its discretion. Occupant agrees that access to the Property shall be limited to the delivery, removal and return of the Vehicle by the Occupant.
Occupant shall provide written instructions to BINZ regarding charging the Vehicle’s battery and any non-standard features in the Vehicle and operation thereof. Occupant shall maintain the Vehicle and keep it in good working condition. Occupant is responsible for any damage to the Property or other Vehicles caused by the Occupant’s Vehicle. Occupant shall reimburse BINZ for all costs and expenses associated with repairing said damage within 15 days after Occupant receives written notice and copies of paid receipts evidencing the cost of repairing said damage from BINZ. Occupant’s failure to reimburse BINZ within 15 days shall entitle BINZ to pursue any and all remedies it may have at law or in equity. BINZ shall have a lien on any Vehicle at the Property for all fees owed under this Agreement pursuant to ILCS Chapter 770. BINZ shall not be liable for any injury, theft, collision, fire, negligence or any damage to or caused by the Vehicle unless said damage is proven by a court of competent jurisdiction to be directly caused by BINZ’s own gross negligence or willful misconduct. Occupant shall indemnify and hold BINZ harmless against any liability, loss, or expense resulting from any breach of this Agreement or damage caused by the Vehicle, Occupant, or Occupant’s agents. In the absence of any written waiver from BINZ, all terms of this Agreement remain in effect. BINZ’s acceptance of storage fees or waiver of any breach of the Agreement shall not be deemed a waiver of any term of this Agreement or subsequent breach or default. Should a term of this Agreement be deemed invalid or unenforceable against a particular Occupant, the remainder of this Agreement shall be valid and enforceable as permitted by law.