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1. Parties: Identifies and defines the Lessor and Lessee with full legal names and addresses
2. Background: Sets out the context of the agreement and the parties' intentions
3. Definitions: Defines key terms used throughout the agreement
4. Equipment: Describes the leased equipment and confirms the Lessor's right to lease
5. Term: Specifies the duration of the lease, including commencement and termination dates
6. Rent and Payment Terms: Details the rental amount, payment schedule, and payment methods
7. Delivery and Installation: Outlines the process for equipment delivery, installation, and acceptance
8. Use and Maintenance: Specifies permitted use, maintenance obligations, and operating conditions
9. Insurance: Sets out insurance requirements and responsibilities
10. Risk and Title: Clarifies ownership, risk allocation, and protection of title
11. Lessee's Obligations: Lists all key obligations and responsibilities of the Lessee
12. Lessor's Obligations: Lists all key obligations and responsibilities of the Lessor
13. Default and Remedies: Defines events of default and available remedies
14. Termination: Specifies termination rights and consequences
15. Return of Equipment: Details the process and conditions for returning equipment
16. General Provisions: Standard boilerplate clauses including notices, amendments, governing law
1. Purchase Option: Include when the Lessee has the option to purchase the equipment during or at the end of the lease
2. Software License: Include when the equipment includes software requiring separate licensing terms
3. Training and Support: Include when the Lessor provides training or ongoing technical support
4. Sub-leasing: Include when sub-leasing is permitted under specific conditions
5. Import/Export: Include for equipment that may cross international borders
6. Environmental Compliance: Include for equipment subject to environmental regulations
7. Data Protection: Include when equipment processes or stores personal data
8. Force Majeure: Include when parties want specific provisions for unforeseen circumstances
9. Guarantees: Include when additional guarantees are required from parent companies or third parties
1. Equipment Schedule: Detailed specifications, serial numbers, and conditions of equipment
2. Rental Payment Schedule: Breakdown of payment amounts, dates, and any escalation provisions
3. Maintenance Schedule: Detailed maintenance requirements and schedules
4. Acceptance Certificate: Form for confirming delivery and acceptance of equipment
5. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements
6. Service Level Agreement: Performance standards and response times for equipment support
7. Return Conditions: Detailed specifications for acceptable condition upon return
8. Permitted Locations: List of approved locations for equipment use and storage
Acceptance Date
Additional Rent
Affiliate
Agreement
Applicable Laws
Base Rent
Business Day
Commencement Date
Consumables
Default
Default Rate
Delivery Date
Deposit
Equipment
Equipment Location
Event of Default
Expiry Date
Fair Market Value
Force Majeure Event
Government Authority
Guarantor
Initial Term
Insurance Requirements
Lease Period
Lease Term
Lessee
Lessor
Maintenance Requirements
Manufacturer
Operating Manual
Option to Purchase
Parties
Permitted Use
Purchase Option Price
Renewal Period
Renewal Term
Rent
Required Condition
Return Location
Schedule
Security Interest
Service Provider
Specification
Stamp Duty
Subsidiary
Supplier
Tax
Term
Termination Date
Total Loss
Warranty Period
Delivery and Acceptance
Term and Renewal
Rent and Payment
Security Deposit
Use and Operation
Maintenance and Repair
Alterations and Improvements
Insurance
Risk of Loss
Title and Ownership
Representations and Warranties
Indemnification
Default and Remedies
Early Termination
Return of Equipment
Assignment and Subletting
Compliance with Laws
Confidentiality
Force Majeure
Taxes and Duties
Notices
Dispute Resolution
Governing Law
Entire Agreement
Amendment
Severability
Waiver
Third Party Rights
Counterparts
Installation
Training and Support
Inspection Rights
Purchase Option
Loss and Damage
Liability Limitation
Record Keeping
Environmental Compliance
Health and Safety
Software License
Data Protection
Import/Export
Stamp Duty
Registration Requirements
Manufacturing
Construction
Healthcare
Information Technology
Telecommunications
Transportation
Agriculture
Mining
Retail
Hospitality
Financial Services
Logistics
Energy
Maritime
Aviation
Legal
Finance
Procurement
Operations
Risk Management
Asset Management
Compliance
Treasury
Facilities Management
Commercial Operations
Business Development
Chief Financial Officer
Procurement Manager
Equipment Manager
Operations Director
Legal Counsel
Risk Manager
Asset Manager
Finance Director
Commercial Director
Contracts Manager
Treasury Manager
Equipment Coordinator
Facilities Manager
Operations Manager
Compliance Officer
Business Development Manager
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