Loan Phone Agreement
Loan Phone Agreement
Platinum Repairs is pleased to extend the offer of a loan phone to you while a
service is performed on your current phone (“Customer Phone”).
Kindly note that these amounts will be payable before the Loan Phone is dispatched
By taking possession of the equipment identified in section 1 (“Loan Phone”) and
signing this agreement, you agree to all the terms and conditions listed below:
- Loan Phone.
You acknowledge receipt of the Loan Phone listed below which at Platinum
Repairs’ discretion may be new or refurbished, and agree to return it to Platinum
Repairs (i) no more than seven (7) days from the date Platinum Repairs notifies
you that your repaired Customer Phone is ready for pickup or (ii) upon Platinum
Repairs written request to do so (each, a “Return Date”):
The Serial Number (IMEI) of the Loan Phone is listed on the Repair Ticket for the
service on your current iPhone.
From the date on which you receive the Loan Phone through the Return Date, title
to the Loan Phone shall at all times remain vested in Platinum Repairs. - Receipt of the Customer’s Phone when the Loan Phone is returned.
The Loan Phone is offered to you while your Customer Phone listed on the Repair
System serviced by Platinum Repairs. Platinum Repairs will return the Customer
Phone to you after service has been completed, the Loan Device has been
returned and all outstanding payments are settled. - Extended Return Date.
If you have a circumstance that prevents you from picking up your repaired
Customer Phone on or before the Return Date, you may submit a request to
Platinum Repairs for an extension of five (5) days beyond the standard seven (7)
day return period. You may submit a request for the extension by contacting
Platinum Repairs at the location where the Loan Phone was provided. Upon
approval of the five (5) day extension, the extended date will become your Return
Date for purposes of these terms, and you will be required to return the Loan
Phone by that extended Return Date. All of the terms set forth in this agreement
will apply to that extended Return Date. - Safeguarding.
You must take reasonable and prudent precautions to protect the Loan Phone
against damage, loss, or abuse while in your care, custody, and control. If the
Loan Phone is lost, stolen or damaged, you must notify Platinum Repairs
immediately. Only Platinum Repairs may service the Loan Phone. You may be
held responsible for repair or replacement costs if the Loan Phone is lost,
damaged, or stolen while on loan. - Permitted Use.
The Loan Phone is to be used solely by you while your Phone is being serviced by
Platinum Repairs (“Service Period”). You must not use the Loan Phone for any
unlawful purpose. Only software with valid licenses should be loaded on the Loan
Phone. - Removal of your personal files, details, registered accounts and passwords
upon returning the loan phone.
You acknowledge that before returning the Loan Phone, you are responsible for
erasing all files, including personal and/or confidential files and data, registered
accounts and passwords created by you. Therefore, should you wish to retain any
files you created, you should backup your files so that the files can later be
transferred to your repaired Customer Phone. You are responsible for removing
and storing any such files prior to returning the Loan Phone. Platinum Repairs is
neither responsible nor liable for any files or data remaining on, or erased from the
Loan Phone, following its return. - Installed Software.
You acknowledge that all software provided with the Loan Phone is licensed
specifically to this Loaner Phone and you will not remove it. You also agree not to
copy or otherwise reproduce, reverse engineer, disassemble or decompile any
software, the equipment, or components provided with the Loan Phone. - Platinum Repairs Liability.
To the fullest extent permitted by law, Platinum Repairs will not be liable for any
consequential, incidental, indirect or direct damages arising out of these terms or
the use of the Loan Phone, including without limitation any losses of or affecting
your personal property, software or data.