Sample equipment lease agreement option purchase

Net Equipment Lease Agreement | Canada

Prepare a Net Equipment Lease Agreement for Canada with this ready-made template.

• The customer (lessee) is to maintain all warranties, guarantees and insurance on the rental items.
• Ownership of the equipment remains with the supplier (lessor) until the end of the lease.
• The lessee indemnifies the lessor against any loss or damage. The indemnity will survive termination of the lease.
• There will be no abatement of rent during any down-time of the equipment.
• This is a Canadian legal form that can be used in most provinces and territories except Quebec.
• The template is available as a fully editable MS Word document.

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Equipment Lease 'Hell or High Water' Clause

Insert this optional 'hell or high water' clause into an equipment lease to govern payments by the Lessee, no matter what.

• The Hell or High Water clause provides that the Lessee (party leasing the equipment) is obligated to pay lease payments regardless of the circumstances and regardless of any right the Lessee may have to set-off or counterclaim against the Lessor.
• The file is available as a MS Word document.
• This clause can be used in any common law jurisdiction which does not prohibit clauses of this type.

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Price Protection Clauses for Equipment Lease

Use this easy template to prepare Price Protection clauses for an Equipment Lease.

• The provisions are generic and can be used in almost every country.
• Download the free MS Word file and insert it into your main lease document.
• These clauses can be used in any jurisdiction which does not have statutory requirements governing such provisions.

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Net Equipment Lease Agreement | Canada

Prepare a Net Equipment Lease Agreement for Canada with this ready-made template.

• The customer (lessee) is to maintain all warranties, guarantees and insurance on the rental items.
• Ownership of the equipment remains with the supplier (lessor) until the end of the lease.
• The lessee indemnifies the lessor against any loss or damage. The indemnity will survive termination of the lease.
• There will be no abatement of rent during any down-time of the equipment.
• This is a Canadian legal form that can be used in most provinces and territories except Quebec.
• The template is available as a fully editable MS Word document.

Add to cart

Ohio Equipment Lease Agreement

Lease equipment to customers with this easy-to-use Equipment Lease Agreement for the State of Ohio.

• The lessee has an option to renew the lease, but the lease becomes a month-to-month rental contract if the lessee fails to renew when the initial term expires.
• The lease transaction is meant to qualify as a casual sale for State sales tax exemption, but if it does not qualify, the lessee is responsible for paying any tax payable.
• if the equipment does not operate properly, any claims by the lessee must be against the vendor of the equipment and not the lessor.
• The lessee bears the full risk of loss, damage or destruction of the equipment.
• The file includes a Sales and Use Tax Unit Exemption Certificate.
• This legal form template is available in MS Word format and is fully customizable.
• Intended to be used only in the State of Ohio.

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Contractor Invoice and Account Statement

Prepare your own contractor invoices for work on residential or commercial properties with this easy-to-use Contractor Invoice and Account Statement form.

• The form includes a customer account statement showing:
  • the original contract price,
  • additional amounts under any change orders,
  • records of deposits and installment payments already made by the customer.

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  IT Operations Management Services Agreement | USA

  Prepare a customer contract for integrated IT management services with this IT Operations Management Services Agreement for US based businesses.

  • The service provider will perform the operations using both the provider's and the customer's hardware and software.
  • The service provider is not liable for any failure to achieve its service level objectives arising from alterations made to the customer's hardware or software without the service provider's approval.
  • The customer will allow the provider to install and maintain system and network diagnostic and maintenance programs on the customer's computer systems or sites solely for the provider's use in performing the services.
  • The provider will be given full and unrestricted access to the equipment 24/7/365.
  • The parties agree to resolve any disputes by mutual discussion and negotiation.
  • The parties agree not to disclose confidential information of the other party, or to use any intellectual property right of the other party without authorization.
  • Provisions covering the transition of services from the provider to another party upon termination of the agreement.
  • Each party will retain sole ownership of its own hardware, software and materials. Any materials jointly developed by the parties will be assigned to the provider, who will grant the customer a perpetual license to use such materials for internal purposes.
  • This template contains a number of sample schedules including:
    • Description of Services,
    • Schedule of Fees,
    • Service Level Objectives (SLOs),
    • Implementation Tasks,
    • Confidentiality Agreement.

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    Ontario Guarantee of Commercial Lease

    Secure the lease obligations of a corporate tenant in the Province of Ontario with this unconditional and continuing Guarantee of Commercial Lease.

    • The guarantee is given by a principal of the company, such as a shareholder, partner, sole proprietor or some other person with a financial interest in the tenant.
    • The guarantee is being given as a means to induce the landlord to execute the lease.
    • The guarantor guarantees payment of all rent and other amounts due under the lease, including the payment of legal fees incurred by the landlord in enforcing the terms of the lease.
    • Never sign a commercial lease with a business tenant without also getting a personal guarantee of the lease. Buy the form, download it, fill in the details, print and get a signature.
    • Available in MS Word format.
    • Intended to be used only in the Province of Ontario, Canada.