Machinery Lease Agreement Template for Saudi Arabia

1. Operator Provisions: Required when the lease includes machinery operators, covering operator qualifications and responsibilities

2. Purchase Option: Include when offering the lessee an option to purchase the machinery (must be structured to comply with Sharia principles)

3. Environmental Compliance: Required for machinery that may have environmental impacts or requires specific environmental permits

4. Import/Export Provisions: Include for machinery that will cross borders during the lease term

5. Security Deposit: Include when requiring a security deposit, with terms for its maintenance and return

6. Training and Support: Required when the lessor provides training or technical support for machinery operation

7. Sublease and Assignment: Include when allowing or restricting the ability to sublease or assign the agreement

1. Schedule 1 - Machinery Specifications: Detailed technical specifications, photographs, and condition report of the machinery

2. Schedule 2 - Rental Payment Schedule: Detailed breakdown of rental payments, including amounts and due dates

3. Schedule 3 - Maintenance Schedule: Required maintenance procedures and schedules

4. Schedule 4 - Acceptance Certificate: Form of certificate to be signed upon delivery and acceptance of machinery

5. Schedule 5 - Operating Manual: Safety procedures and operating instructions

6. Schedule 6 - Insurance Requirements: Detailed insurance specifications and minimum coverage requirements

7. Appendix A - Site Requirements: Technical requirements for the site where machinery will be operated

8. Appendix B - Return Conditions: Detailed specifications for the condition in which machinery must be returned