Model Format of Equipment Lease Agreement

Model Format of Equipment Lease Agreement

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Equipment Lease Agreement
Equipment Lease Agreement

This Equipment Lease Agreement (the “Lease”) is made and effective as of _________ __, 20____ (the “Effective Date”) by and between ______________, [an individual] [corporation] [etc.] (the “Lessor”) and _______________________, a __________ [individual][corporation][etc.] (the “Lessee”). The Lessor and the Lessee may be referred to individually as a “Party” or collectively as the “Parties.”

RECITALS

WHEREAS, the Lessor is the [sole] owner of that certain equipment described more particularly in Exhibit A hereto and made a part hereof by reference (the “Equipment”); and

WHEREAS, the Lessee wishes to lease the Equipment from the Lessor in accordance with the terms and conditions of the Lease; and WHEREAS, the Lessor wants to lease the Equipment to the Lessee in accordance with the terms and conditions of the Lease; and WHEREAS,

each Party is duly authorized and capable of entering into this Lease;….

Note: This is just the part of the agreement. To get it drafted completely by legal experts, kindly contact the expert team of Aapka Consultant by clicking here

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