Equipment Lease Purchase Agreement - Page 2

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This Master Equipment Lease/Purchase Agreement (the ... - Anaheim - local anaheim

Master e equipment l ease /p purchase agreement this master equipment lease/purchase agreement (the agreement) dated as of, and entered into by and between band of america public capital corp, a kansas corporation (lessor), and, a city county...

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4A6 Lease Purchase Agreement All American Investment Group LLC

T agreement no.:te-hi::phi) equipment lease-purchase agreement this equipment lease-purchase agreement is made and entered into as of december 23, 2013, between all american investment group, llc, as lessor, whose address is 730 17th street #830,...

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THIS MASTER EQUIPMENT LEASE /PURCHASE AGREEMENT ...

Very (5/03) number 400- master equipment lease/purchase agreement this master equipment lease/purchase agreement (the agreement), dated as of this june 25, 2010, by and between public-finance.com, inc., a delaware corporation, as the lessor...

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2015-49 Equipment Lease-Purchase Agreement with Community - fresno

Resolution no. 201549 a resolution of the council of the city of fresno, california, authorizing the execution and delivery of an equipment lease.purchase agreement with community first national bank, as lessor, for the acquisition, purchase,...

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MASTER EQUIPMENT LEASE PURCHASE AGREEMENT

Master equipment lease-purchase agreementbetweenmount diablo unified school districtandonce, llc dba pnc equipment financeclosing indexmaster lease agreementlease schedulepayment schedule a-1escrow agreemento exhibit 1 ? general investment...

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CAPITAL EQUIPMENT LEASE PURCHASE AGREEMENT - scia co somerset nj

Ipt draft dated 82010 lease purchase agreement (somerset county renewable energy program, series 2010) by and between the somerset county improvement authority, as lessor and company, as lessee dated as of, 2010 with respect to the somerset county...

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Lease purchase agreement for equipment - sai ok

S.a.& i. 120-b (2001). county, oklahoma. lease purchase agreement for equipment. this agreement is made on this. day of. , 20, by

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truck lease purchase agreement pdf

County, oklahoma s.a.& i. 120-b (2001) lease purchase agreement for equipment this agreement is made on this of day of, 20, by and between the board of county commissioners county, oklahoma, designated throughout this agreement as the lessee, and...

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equipment lease purchase agreement pdf

3 year schedule equipment schedule no. to (month) (year) equipment lease-purchase agreement (agency name) this equipment schedule no. dated as of, 201, (the equipment schedule), is executed by and between (lessor) and the state of maryland...

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What is an Equipment Lease Purchase Agreement?

An Equipment Lease Purchase Agreement is a legal document that establishes the terms and conditions for leasing and eventually purchasing equipment. It is a popular financing option for businesses that need to acquire new equipment but want to spread out the cost over a period of time. This agreement allows the lessee to use the equipment for a specified period while making regular lease payments. At the end of the lease term, the lessee has the option to purchase the equipment at a predetermined price.

What are the types of Equipment Lease Purchase Agreement?

There are different types of Equipment Lease Purchase Agreements available depending on the specific needs and circumstances of the parties involved. Some common types include:

Capital Lease: This type of agreement is more like a loan. The lessee takes ownership of the equipment and treats it as a capital asset on their balance sheet.

Operating Lease: In this type of agreement, the lessor retains ownership of the equipment, and the lessee treats it as an operating expense.

Sale and Leaseback: This arrangement involves selling existing equipment to a lessor and then leasing it back. It provides immediate access to capital while still being able to use the equipment.

Conditional Sale: This agreement is similar to a loan with the condition that the lessee will gain ownership of the equipment upon making all the required payments.

Master Lease: This type of agreement allows the lessee to add or change equipment without having to negotiate a new lease agreement for each item.

How to complete an Equipment Lease Purchase Agreement

Completing an Equipment Lease Purchase Agreement involves several steps to ensure that all parties are protected and aware of their rights and obligations. Here is a general guide:

Identify the parties involved: Clearly state the names and contact information of both the lessor and the lessee.

Describe the equipment: Provide detailed information about the equipment being leased, including its make, model, and any identifying numbers.

Outline lease terms: Specify the lease duration, lease payments, and any additional fees or charges.

Include purchase option details: If the agreement includes an option to purchase the equipment, include the purchase price and any conditions or limitations.

Define rights and responsibilities: Clearly state the responsibilities of both the lessor and the lessee, including maintenance, insurance, and termination rights.

Sign and date the agreement: Make sure all parties sign and date the agreement to indicate their acceptance and agreement to the terms and conditions.

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