Asset Lease Agreement Template for Hong Kong

1. Subletting and Assignment: Include when subletting or assignment might be permitted under certain conditions

2. Option to Purchase: Include when offering the lessee an option to purchase the asset

3. Tax Provisions: Include for high-value assets where tax implications need specific attention

4. Environmental Compliance: Include for assets that may have environmental impacts or requirements

5. Intellectual Property: Include when the asset involves or incorporates intellectual property rights

6. Force Majeure: Include when specific force majeure provisions beyond standard ones are needed

7. Customs and Import/Export: Include for assets that may cross borders or require customs clearance

8. Training and Support: Include when the lessor provides training or technical support for complex assets

1. Schedule 1 - Asset Description: Detailed technical specifications and description of the leased asset

2. Schedule 2 - Rent Schedule: Detailed breakdown of rent payments, including dates and amounts

3. Schedule 3 - Condition Report: Initial condition report of the asset at time of lease commencement

4. Schedule 4 - Maintenance Schedule: Required maintenance procedures and schedules

5. Schedule 5 - Insurance Requirements: Detailed insurance requirements and minimum coverage amounts

6. Schedule 6 - Return Conditions: Detailed specifications for the condition of the asset upon return

7. Appendix A - Operating Procedures: Standard operating procedures for the asset if applicable

8. Appendix B - Service Level Agreement: If maintenance or support services are included in the lease