The equipment lease agreement regulates a precise understanding of the arrangement allowing an individual or business to utilize a piece of equipment for a predetermined duration length in exchange for monetary consideration.When a company requires specific hardware to do business, leasing can be a preferable option to buying for several reasons. The financial ramifications may entice a ...
Lease Agreement made this day of , between COLONIAL PACIFIC LEASING CORPORATION, dba. GE CAPITAL COLONIAL PACIFIC LEASING (Lessor) with a place of business located at 13010 SW 68 th Parkway, Portland, Oregon 97223 and Shells Seafood Restaurants, Inc. (Lessee) having its principal place of business located at 16313 North Dale Mabry, Suite 100, Tampa, FL 33618.
Feb 24, 2021· An Equipment Lease Agreement is an agreement where the owner of the equipment, permits the user to use the equipment in exchange for a periodic lease payment. The owner of the equipment
A Sublease Agreement is a contract used by a tenant to lease a portion or the entire premises of a property that the tenant is also renting, which is known as subletting, to a third party for a specific period within the limit of the lease agreement between the Tenant and the Landlord.
The Elements of an Equipment Lease Agreement. While each lease agreement should be tailored to the specific needs at hand, there are a number of terms that should be considered standard to most agreements. This article will provide a non-exhaustive listing and
TOWER AND GROUND LEASE AGREEMENT THIS TOWER AND GROUND LEASE AGREEMENT (this "Lease") is made and entered into as of the June day of 2006, by and between Glynn County, a Political Subdivision of the State of Georgia, by and through its Board of Commissioners ("Landlord") and New Cingular Wireless, PCS LLC.
An Equipment Rental Lease Agreement is a contractual agreement between a lessor and a lessee to lease and use the equipment for a specific period in exchange for periodic payments. The subject of the Lease may be factory machines, vehicles, or any other equipment. Once the Lessor and the Lessee agree to the terms and 
This Lease and each of the terms, covenants, conditions, provisions and agreements herein contained will be incorporated into each Equipment Schedule in full to the same extent as if each of the terms, covenants, conditions, provisions and agreements had been repeated and set forth in full therein, and this Master Lease Agreement shall control ...
Apr 22, 2021· Consumer Lease Agreement Documents. Choose from the most common forms related to consumer and residential equipment leases below. Consumer Lease Agreement details vary depending upon your industry, the details of the transaction, and other specifications determined at the time your Vendor or Broker account was created.
Jun 28, 2019· The Basics of a Commercial Equipment Lease Agreement. It's important to carefully review the terms of the equipment lease agreement you sign, regardless of whether it's a simple equipment lease agreement, a standard-form contract, or a more specific type of rental lease, such as a heavy equipment agreement.
EQUIPMENT LEASE AGREEMENT. THIS LEASE AGREEMENT is made on _____.. BETWEEN _____, of the following address: (hereinafter referred to as the "Lessor") of the one part,AND _____, of the following address: (hereinafter referred to as the "Lessee")WHEREAS the Lessor is the title holder of the Equipment and desires to lease same to the Lessee.. In consideration of the payment of the rent and
3. Equipment Lease Agreement Instructions The following provision-by-provision instructions will help you understand the terms of your lease agreement. The numbers and letters below (e.g., Section 1, Section 2(a), etc.) correspond to the provisions in the lease. Please review the entire document before starting your step-by-step process.
water equipment building to install a control panel and also grants to Tenant a non-exclusive easement for reasonable access thereto and for adequate utility services (the Leased Premises). 2. Term. The Term of this Lease Agreement shall be for three (3) years commencing on the date of execution of
An equipment lease agreement is a type of contractual document this agreement, the owner of the equipment or the lessor allows a person or company or the lessee to utilize the equipment for a specific amount of time in exchange for monetary compensation.
Exhibit 10.51 . EQUIPMENT LEASE AGREEMENT . THIS EQUIPMENT LEASE AGREEMENT (this Agreement) is made and entered into as of November 21, 2003 (the Effective Date), by and between eMerge Interactive, Inc., a Delaware corporation (the Manufacturer), and Excel Corporation, a Delaware corporation ( the Lessee). RECITALS . A. Previously, Manufacturer has entered into a ...
Equipment, determined as of the date of this Agreement, unless Lessee shall return the Equipment to the University within five (5) business days after termination of this Agreement, in good working order, reasonable wear and tear excepted. Lessee shall be responsible for any damage to the Equipment in shipping the Equipment
Contents of an Equipment Lease Agreement. Basically an equipment lease agreement is a simple agreement where the lessor or the owner of the equipment agrees to lease an equipment to a lessee or borrower in exchange for periodic lease payments. The equipment to be leased can be machinery or vehicles of any other equipment.
Lease. Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor, the following described equipment (the "Equipment"): [Equipment] . 2. Term. The term of this Lease shall commence on [Start Date] and shall expire [Lease Length] months thereafter. 3. Shipping. Lessee shall be responsible for shipping the Equipment to Lessee's premises ...
A lease agreement allows a tenant to occupy space in exchange for the payment of rent to the landlord. Prior to authorizing a lease, the landlord may request the tenants credit and background information to ensure they can afford the rent amount. In addition, the landlord may require a security deposit which will typically be equal to one (1) or two (2) months rent in case the tenant ...
equipment lease agreement DOC: 37.5 KB | PDF: 265.2 KB (2 pages) (4.2, 20 votes ) Related Templates. Final notice to vacate immediately template 1 page. Notice of intent to vacate 1 page. Notice of intent to enter and presumed abandonment 3 ...
Renter shall also pay other charges in accordance with this Agreement due upon return of Equipment, to the fullest extent allowed by law, including but not limited to: a) charges for optional services, if any; b) applicable taxes; c) loss of, or damage or repair to the Equipment, loss of use, diminution of the Equipments value
An equipment lease agreement, otherwise known as an equipment rental agreement, is a document in which two parties agree to enter into a deal in which one (the lessor) allows the other (the lessee) to use a piece of equipment for a specified length of time. These are important because they create a binding commitment to previously chosen and ...
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The terms and conditions on any purchase order issued in conjunction with this Equipment Lease Agreement shall be for reference purposes only and shall not become a part of this Equipment Lease Agreement. By signing this Equipment Lease Agreement, Lessee and Lessor represent that it has the authority to bind the respective parties to this ...
Equipment, determined as of the date of this Agreement, unless Lessee shall return the Equipment to the University within five (5) business days after termination of this Agreement, in good working order, reasonable wear and tear excepted. Lessee shall be responsible for any damage to the Equipment in shipping the Equipment back to the University.
This Equipment Rental Agreement (the Agreement) is made and entered on [Date] (the Effective Date) by and between [Lessor] (the Lessor) legally conducting business within the State of [State]; and [Lessee] (the Lessee); collectively referred to herein as the Parties.. 1. EQUIPMENT SUBJECT TO LEASE.The Lessor shall rent the equipment listed herein to the Lessee who ...
Equipment Lease Agreement Forms - Equipment Lease To Own Agreement. An equipment lease, or equipment rental contract, is a legal agreement that specifies the rights and obligations between a lessor (who owns equipment) and a lessee (to whom the lease gives certain rights to possess and use the equipment).
Oct 27, 2020· Types of equipment rental agreements . In general, there are two different types of rental agreements, and they tailor toward different outcomes: In a standard lease agreement, the lessee returns the equipment at the end of the terms a lease-to-own agreement, the lessee potentially has the option to purchase the equipment at the end of the contract period.
Equipment Lease Agreement. Sample Clauses. Equipment Lease Agreement. At the Stage One Closing Date, the parties shall execute a standard form equipment lease to cover ZAP's lease of the Rental Equipment. The lease shall be in substantially the form of the attached Exhibit B.
This clause also states that the lessor (the rental company) has the right to inspect the rental equipment at any point in time during the lease or rental agreement. Some states have specific regional laws for rental equipment and rental agreements.
Equipment Lease Agreement 2 Lessees premises and ii) at the end of the Lease Term, of shipping the Equipment back to Lessors premises. 7. DEFAULTS: If Lessee fails to perform or fulfill any obligation under this Agreement, Lessee shall be in default of this Agreement.
An equipment lease agreement comprises certain terms that form the basis of the contract. Some of these terms may include: 1. Lease duration. The lease duration will depend on the companys needs and the cost of the equipment. For a small business whose equipment needs may change quickly, a short lease duration is a favorable option.
3. Equipment Lease Agreement Instructions The following provision-by-provision instructions will help you understand the terms of your lease agreement. The numbers and letters below (e.g., Section 1, Section 2(a), etc.) correspond to the provisions in the lease
Equipment lease agreements are used to track and record items that one party owns and another party rents. The agreement is a legally binding contract between the lessor who owns the equipment and the lessee who uses the equipment. The contractual agreement specifies how long the lessee gets to use the equipment and the payment amount.
Lease Agreement for Plant and Machinery LESSOR; (insert name and address) LESSEE; (insert name and address) DATE: 1. LEASE: The lessor hereby agrees to lease to Lessee and the Lessee hereby agrees to take on ... against any interest in this Agreement or the Equipment, or to remove except for the purposes of repairs ...