Assignment of Equipment Lease (Canada)

An assignment of equipment lease is a contract where a party who originally was leasing equipment (the “Assignor”) assigns his rights and responsibilities under that lease to another party (the “Assignee”), generally for the remainder of his/her lease term. The Assignor may choose to use an assignment for a number of reasons including change of business circumstances, financial concerns or other changes in circumstances.

This form can be used in the following provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon.