A template for an equipment lease agreement that is concluded between legal entities. This framework lease agreement allows the Lessee to temporarily use the equipment owned by the Lessor in accordance with the established terms of the agreement. The document includes key sections:
The subject of the agreement is the Lessor's obligations to transfer the equipment and the Lessee's obligations to pay and return it.
Delivery and acceptance of equipment is the procedure for signing acts of acceptance, transfer and return of equipment.
Rent and settlement procedure - payment terms, billing and payment deadlines.
The obligations of the Tenant are the rules of operation of the equipment, the procedure for notification of malfunctions and obligations for timely maintenance.
The rights and obligations of the Lessor are the responsibility for providing serviceable equipment and carrying out major repairs.
Termination of the agreement - the terms of termination of the agreement and the procedure for refunding advance payments.
Force majeure circumstances - exemption from liability in case of unforeseen situations.
This agreement regulates the issues of temporary ownership and use of equipment, payment procedures, requirements for operation and return, and also contains provisions on liability of the parties and dispute resolution