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1. Parties: Identification of the lessor and lessee, including full legal names, addresses, and registration details
2. Background: Context of the agreement and relationship between the parties
3. Definitions: Comprehensive definitions of terms used throughout the agreement
4. Scope of Agreement: Overview of the master lease structure and its application to subsequent lease arrangements
5. Term and Renewal: Duration of the master agreement and renewal provisions
6. Ordering Process: Procedures for requesting and confirming individual leases under the master agreement
7. Delivery and Acceptance: Terms governing the delivery and acceptance of leased items
8. Rent and Payment Terms: General payment obligations, including calculation methods, payment schedules, and late payment consequences
9. Taxes and Expenses: Allocation of tax responsibilities and additional expenses
10. Maintenance and Repairs: Responsibilities for maintaining and repairing leased items
11. Insurance Requirements: Mandatory insurance coverage and requirements
12. Representations and Warranties: Standard representations and warranties from both parties
13. Default and Remedies: Events of default and available remedies
14. Indemnification: Mutual indemnification obligations
15. Termination: Conditions and procedures for termination
16. General Provisions: Standard boilerplate clauses including notices, assignment, governing law, etc.
1. Environmental Compliance: Required when leased items or premises involve environmental risks or regulations
2. Security Deposit: Include when security deposits are required for certain lease arrangements
3. Purchase Option: Include when lessees may have the option to purchase leased items
4. Cross-Default: Include when multiple lease arrangements are interconnected
5. Sub-leasing Rights: Include when sub-leasing may be permitted under certain conditions
6. Import/Export Compliance: Required when leased items may cross international borders
7. Data Protection and Privacy: Include when lease arrangements involve handling of personal or sensitive data
8. Force Majeure: Optional expanded provisions for unforeseen circumstances
9. Intellectual Property Rights: Include when leased items involve software or proprietary technology
1. Schedule A - Form of Individual Lease Agreement: Template for individual lease agreements under the master agreement
2. Schedule B - Equipment Categories and Pricing: List of available equipment categories and standard pricing structures
3. Schedule C - Service Level Standards: Detailed maintenance and service requirements
4. Schedule D - Insurance Requirements: Specific insurance coverage requirements and minimum limits
5. Schedule E - Acceptance Certificate Template: Standard form for documenting delivery and acceptance
6. Schedule F - Return Conditions: Specifications for the condition of returned items
7. Appendix 1 - Authorized Representatives: List of authorized signatories for both parties
8. Appendix 2 - Reporting Requirements: Templates and schedules for required reports
9. Appendix 3 - Operating Procedures: Detailed procedures for day-to-day operations
Additional Rent
Affiliate
Applicable Law
Authorization
Basic Rent
Business Day
Commencement Date
Confidential Information
Default
Default Rate
Environmental Laws
Equipment
Event of Default
Expiry Date
Fair Market Value
Force Majeure
GST/HST
Hazardous Materials
Indemnified Parties
Individual Lease
Insurance Requirements
Lease Documents
Lease Rate
Lease Term
Leased Property
Lessee
Lessor
Liens
Loss
Maintenance Requirements
Material Adverse Effect
Net Lease
Operating Costs
Permitted Use
Person
Prime Rate
Property Taxes
Purchase Option
Renewal Term
Representatives
Required Condition
Return Location
Schedule
Security Interest
Service Level Standards
Sublease
Substantial Damage
Term
Territory
Total Loss
Transaction Documents
Transfer
Grant of Lease
Term
Rent and Payment
Taxes
Insurance
Use and Operation
Maintenance and Repairs
Alterations
Assignment and Subletting
Environmental Compliance
Default and Remedies
Indemnification
Representations and Warranties
Covenants
Security Deposit
Return Conditions
Force Majeure
Confidentiality
Intellectual Property
Compliance with Laws
Notice
Dispute Resolution
Governing Law
Termination
Amendment
Entire Agreement
Severability
Waiver
Assignment
Third Party Rights
Counterparts
Further Assurance
Time of Essence
Survival
Relationship of Parties
Authority
Records and Audit
Health and Safety
Data Protection
Anti-Corruption
Currency
Set-Off Rights
Security Interest
Quiet Enjoyment
Commercial Real Estate
Equipment Leasing
Manufacturing
Financial Services
Transportation and Logistics
Healthcare
Information Technology
Construction
Agriculture
Energy and Resources
Retail
Telecommunications
Legal
Finance
Procurement
Operations
Risk Management
Facilities Management
Treasury
Commercial
Compliance
Asset Management
Property Management
Chief Financial Officer
Legal Counsel
Contract Manager
Procurement Manager
Asset Manager
Operations Director
Risk Manager
Facilities Manager
Treasury Manager
Commercial Director
Property Manager
Fleet Manager
Equipment Manager
Finance Director
Compliance Officer
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