Equipment lease - with purchase option

Abogados Civil

Extracto

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Equipment lease - with purchase option

This Equipment Lease - Purchase Option (the "Agreement") is effective [DATE],

BETWEEN: [YOUR COMPANY NAME] (the "Lessor"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:

[YOUR COMPLETE ADDRESS]

AND: [COMPANY NAME] (the "Lessee"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:

[COMPLETE ADDRESS]

WITNESSETH:

WHEREAS the Lessor wishes to enter into an operating lease with the Lessee for the equipment hereinafter described;

WHEREAS the Lessee wishes to lease such equipment from the Lessor on the basis of the operating lease terms and conditions hereinafter set forth;

NOW THEREFORE, the parties hereby agree as follows:

1. LEASE AGREEMENT

1.1 Lessor hereby leases to Lessee, and Lessee hereby rents from Lessor all the machinery, equipment and other personal and movable property (hereinafter collectively called the "Equipment" and individually an "item" of Equipment) described in Schedule "A" hereto or in such replacement equipment lease schedules which may from time to time hereafter be executed by Lessor and Lessee and ...

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