$15.95

Add to cart

ment Lease Agreement 5 (Position, if applicable) LESSEE: ____________________________________________________ ___________________________________ (Name) ___________________________________ (Position, if applicable) Equipreement to be executed the day and year first above written. LESSOR: ___________________________________________________ ___________________________________ (Name) ___________________________________RMS & CONDITIONS (Specify "none" if there are no additional provisions) [Remainder of Page Intentionally Left Blank] Equipment Lease Agreement 4 IN WITNESS WHEREOF, the parties have caused this Agng and possessing the Equipment or from the acts or omissions of any person or persons, including Lessee, using or possessing the Equipment with Lessee's express or implied consent. 25. ADDITIONAL TEfy and hold Lessor and Lessor's property, free and harmless from any liability for losses, claims, injury to or death of any person, including Lessee, or for damage to property arising from Lessee usi's right to enforce any provisions of this Agreement. 24. INDEMNIFICATION: Except for damages, claims or losses due to Lessor's acts or negligence, Lessee, to the extent permitted by law, will indemni deemed a waiver or limitation of that party's right to subsequently enforce and compel strict compliance with every provision of this Agreement. The acceptance of rent by Lessor does not waive Lessorare cumulative, and shall not be construed as exclusive of each other unless otherwise required by law. 23. WAIVER: The failure of either party to enforce any provisions of this Agreement shall not be the subject matter of this Agreement. This Agreement may be modified in writing and must be signed by both Lessor and Lessee. 22. CUMULATIVE RIGHTS: Lessor's and Lessee's rights under this Agreement rior understanding or representation of any kind preceding the date of this Agreement. There are no other promises, conditions, understandings or other agreements, whether oral or written, relating to from time to time by providing notice as set forth above. Equipment Lease Agreement 3 21. ENTIRE AGREEMENT: This Agreement constitutes the entire agreement between the Parties and supersedes any p__________________________ ________________________________ Lessee: ______________________________ ______________________________ ______________________________ Either party may change such addressesant to this Agreement shall be in writing and mailed certified return receipt requested, postage prepaid, or delivered by overnight delivery service to: Lessor: ________________________________ ______NING LAW: This Agreement shall be governed by and construed in accordance with the laws of the State of ______________________________________. 20. NOTICE: Any notice required or otherwise given pursuING EFFECT: The covenants and conditions contained in the Agreement shall apply to and bind the Parties and the heirs, legal representatives, successors and permitted assigns of the Parties. 19. GOVER such provision shall be deemed to be construed as so limited. 17. ASSIGNMENT: Neither this Agreement nor Lessee's rights hereunder are assignable except with Lessor's prior, written consent. 18. BINDfull force and effect. If any provision of this Agreement is deemed invalid or unenforceable by any court of competent jurisdiction, and if limiting such provision would make the provision valid, thend shall remain the exclusive property of Lessor. 16. SEVERABILITY: If any part or parts of this Agreement shall be held unenforceable for any reason, the remainder of this Agreement shall continue in Equipment, and Lessor will not interfere with that right as long as Lessee pays the Rent in a timely manner and performs all other obligations under this Agreement. 15. OWNERSHIP: The Equipment is anLESSORS REPRESENTATIONS: Lessor represents and warrants that he/she has the right to lease the Equipment as provided in this Agreement and that Lessee shall be entitled to quietly hold and possess there, Lessee shall promptly pay all taxes, fees, licenses and governmental charges, together with any penalties or interest thereon, relating to the possession, use or maintenance of the Equipment. 14. rights may be negatively affected. Lessee shall be responsible for complying with and conforming to all laws and regulations relating to the possession, use or maintenance of the Equipment. Furthermoment Lease Agreement 2 13. ENCUMBRANCES, TAXES AND OTHER LAWS: Lessee shall keep the Equipment free and clear of any liens or other encumbrances, and shall not permit any act where Lessor's title orh losses payable to Lessor against fire, theft, collision, and other such risks as are appropriate and specified by Lessor. Upon request by Lessor, Lessee shall provide proof of such insurance. Equipnt; in addition, the obligations of this Agreement shall continue in full force and effect through the Lease Term. 12. INSURANCE: Lessee shall be responsible to maintain insurance on the Equipment wit Equipment clean and in good working order and repair during the Lease Term. In the event the Equipment is lost or damaged beyond repair, Lessee shall pay to Lessor the replacement cost of the Equipmegent has inspected the Equipment and acknowledges that the Equipment is in good and acceptable condition. 11. MAINTENANCE, DAMAGE AND LOSS: Lessee will, at Lessee's sole expense, keep and maintain theper manner and will comply with all laws, rules, ordinances, statutes and orders regarding the use, maintenance of storage of the Equipment. 10. CONDITION OF EQUIPMENT AND REPAIR: Lessee or Lessee's agent in good condition and working order, ordinary wear and tear excepted, as it was at the commencement of the Agreement. 9. USE OF EQUIPMENT: Lessee shall only use the Equipment in a careful and pro possession of the Equipment on the first day of the Lease Term. At the expiration of the Lease Term, Lessee shall surrender the Equipment to Lessor by delivering the Equipment to Lessor or Lessor's aat its option hold Lessee liable for the balance of the unpaid rent under this Agreement if this Agreement had continued in force. 8. POSSESSION AND SURRENDER OF EQUIPMENT: Lessee shall be entitled touipment is re-let minus the cost and expenses of such reletting. In the event Lessor is unable to re-let the Equipment during any remaining term of this Agreement, after default by Lessee, Lessor may , hold Lessee liable for any difference between the Rent that would have been payable under this Agreement during the balance of the unexpired term and any rent paid by any successive lessee if the Eqte statute, Lessor may immediately declare Lessee in default of this Agreement. In the event of default, Lessor may, as permitted by law, re-take possession of the Equipment. Lessor may, at its optionault of the Agreement. If Lessee shall become insolvent, cease to do business as a going concern or if a petition has been filed by or against Lessee under the Bankruptcy Act or similar federal or staes not cure a default, Lessor may at Lessor's option (a) cure such default and the cost of such action may be added to Lessee's financial obligations under this Agreement; or (b) declare Lessee in deft of this Agreement. Subject to any statute, ordinance or law to the contrary, Lessee shall have seven (7) days from the date of notice of default by Lessor to cure the default. In the event Lessee doii) at the end of the Lease Term, of shipping the Equipment back to Lessor's premises. 7. DEFAULTS: If Lessee fails to perform or fulfill any obligation under this Agreement, Lessee shall be in defaul law. 6. DELIVERY: Lessee [_] shall or [_] shall not [choose one] be responsible for all expenses and costs: i) at the beginning of the Lease Term, of shipping the Equipment to Lessee's premises and shall not use or apply any such security deposit at any time in lieu of payment of rent. If Lessee breaches any terms or conditions of this Agreement, Lessee shall forfeit any deposit, as permitted byt just limited to the security deposit amount and Lessee remains liable for any balance. Lessee shall not apply or deduct any portion of any security deposit from the last or any month's rent. Lessee Lessee's agents to the Equipment during the Lease Term. Lessor may use part or all of the security deposit to repair any damage to Equipment caused by Lessee or Lessee's agents. However, Lessor is nopment, Lessee shall deposit with Lessor, in trust, a security deposit of $__________ as security for the performance by Lessee of the terms under this Agreement and for any damages caused by Lessee oraccordingly. 4. LATE CHARGES: If any amount under this Agreement is more than _____ days late, Lessee agrees to pay a late fee of $________. 5. SECURITY DEPOSIT: Prior to taking possession of the Equi__ (address for rent payment) or at any other address designated by Lessor. If the Lease Term does not start on the first day of the month or end on the last day of a month, the rent will be prorated TS: Lessee agrees to pay to Lessor as rent for the Equipment the amount of $_________ ("Rent") each month in advance on the first day of each month at: ___________________________________________________________________ (the "Equipment"). 2. LEASE TERM: The lease will start on __________________________ (begin date) and will end on _________________________ (end date) (Lease Term). 3. LEASE PAYMEN ________________________________________________________________________ ________________________________________________________________________ _____________________________________________________essor hereby leases to Lessee the following equipment: ________________________________________________________________________ ________________________________________________________________________n _________________________________________ ("Lessor") and _______________________________________ ("Lessee") (collectively referred to as the "Parties"). The Parties agree as follows: 1. EQUIPMENT: Lses you specific situation. Equipment Lease Agreement This Equipment Lease Agreement (the "Agreement") is made and entered on _____________________________________________, ___________, by and betweeld become familiar with the laws of their state before entering into this type of arrangement. In addition, before using this form you should always consult with your attorney to ensure that it addrescur, it can be easily referenced for guidance or clarification. These types of agreement are governed by state law. Many of the state laws differ dramatically, therefore the Lessor and the Lessee shou the duration of the lease agreement; the rental payments, repair liability, etc. Second, because it is written, it can help the parties avoid misunderstanding in the future. And, if a problem does oc to another party (a "Lessee") for a specified time. Having a written equipment lease agreement is beneficial for a number of reasons. First, it clearly states the terms of the agreement; for example,ers and Terms of Use" found at findlegalforms.com. Information Equipment Lease Agreement An equipment lease agreement is a contract where one party (a "Lessor") agrees to lease/rent equipment he owns ensure that it addresses your particular situation. An attorney should be consulted before negotiating any document with another party. The purchase and use of these forms is subject to the "Disclaimforms are not intended to be and are not a substitute for legal advice. These forms should only be a starting point for you and should not be used or signed before first consulting with an attorney toh party will retain an original signed Agreement; therefore, at least two original copies of the Agreement should be executed (i.e. signed). Laws vary from time to time and from state to state. These the Equipment Lease Agreement (the "Agreement"). Both the Lessor and the Lessee should review the Agreement carefully before signing. The Lessor and Lessee must both sign the Agreement. Generally eacInstructions & Checklist Equipment Lease Agreement This package contains: (1) Instructions and Checklist for the Equipment Lease Agreement; (2) Information about the Equipment Lease Agreement; and (3)