A template for an equipment lease agreement concluded between legal entities. This contract template is intended for the settlement of legal relations between the lessor and the lessee regarding the transfer of equipment by the lessor for rent and timely payment by the lessee. The document includes key sections:
The subject of the agreement is the obligations of the lessor to transfer, and the lessee to accept the equipment for temporary use and pay the rent on time.
Transfer and return of equipment - the procedure and conditions for the transfer of equipment to the lessee and its return to the lessor, recording the condition of the equipment.
Rent and payment procedure - payment terms, payment amounts, terms and procedure for payment of rent.
Obligations of the parties - the obligations of the lessee to operate the equipment, maintain it in working condition and repair, as well as the obligations of the lessor to maintain the rights to the equipment and eliminate the consequences of accidents.
The rights of the parties are the rights of the lessee to use the equipment and the rights of the lessor to carry out inspections and control of the equipment.
Termination of the contract - the terms of termination of the contract, including in case of violation of the terms of the lease, and the procedure for refunding advance payments.
Force majeure is the release of the parties from liability in the event of force majeure.
Liability of the parties - liability for violation of the terms of the contract, including in terms of time and quality.
Dispute resolution is the procedure for settling disputes and reviewing claims.
The agreement regulates all the nuances of equipment rental, payment, and interaction between the parties and contains provisions on liability and dispute resolution procedures, thereby guaranteeing the protection of the interests of both parties