Lawyers of the law company Zilver offer the sample of the Equipment lease agreement for your consideration. The usage of this template is free of charge,
EQUIPMENT LEASE AGREEMENT
Effective date: 00.00.0000.
The Law company (“Lessor”) in a person of Mr. Attorney and
The Lawyer Kyiv (“Lessee”) in a person of Mr. Lawyer,
collectively called “Parties’ and separately “Party”
in consideration of the mutual covenants and promises hereinafter set forth, the parties hereto agree as follows:
Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor, the following equipment (the “Equipment”): [Equipment].
The term of this Lease shall commence on [Start Date] and shall expire on [Expiration Date].
- Lease payment.
The monthly lease payment for the Equipment shall be paid until 5th day of the accounting month in amount XXX USD.
Lessee shall use the Equipment in a careful and proper manner in its XXX business.
Lessee, at its own cost and expense, shall keep the Equipment in good repair, condition and working order and shall furnish any and all parts, mechanisms and devices required to keep the Equipment in good mechanical working order.
- Loss and Damage.
Lessee hereby assumes and shall bear the entire risk of loss and damage to the Equipment from any and every cause whatsoever. No loss or damage to the Equipment or any part thereof shall impair any obligation of Lessee under this Lease which shall continue in full force and effect through the term of the Lease.
Upon the expiration or earlier termination of this Lease, Lessee shall return the Equipment to Lessor within 5 (five) business days.
Lessee shall indemnify Lessor against, and hold Lessor harmless from, any and all claims, actions, suits, proceedings, costs, expenses, damages and liabilities, including reasonable attorney’s fees and costs, arising out of, connected with, or resulting from Lessee’s use of the Equipment.
9.1.If Lessee fails to pay any rent or other amount herein provided within ten (10) days after the same is due and payable, or if Lessee fails to observe, keep or perform any other provision of this Lease required to be observed, kept or performed by Lessee, Lessor shall have the right to exercise any one or more of the following remedies:
9.1.1. To declare the entire amount of rent hereunder immediately due and payable without notice or demand to Lessee.
9.1.2. To sue for and recover all rents, and other payments, then accrued or thereafter accruing.
9.1.3. To terminate this Lease.
- Governing Law.
This Lease shall be construed and enforced according to laws of Ukraine.
Details of the Parties
The Law company
The Lawyer Kyiv
For consultations of Ukrainian lawyers, drafting contracts and other legal assistance you may contact Zilver law company: +380980027825 and +380501409560 (Viber, Whatapp, Telegramm), e-mail: email@example.com.
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