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…, is the same as that which the appellant would be liable to pay, if he terminates the agreement under clause 7 thereof, namely, the difference between the total rental of 269,594/45 less any rentals paid by the time of termination…

…As for the tenor of the agreement itself, we think that it can be stated right away, that its true intent was for the rental of equipment and which, upon its termination before it had ran its course, either by the appellant…