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Document Id : 4944
File Type : Microsoft Word
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Ontario Asset Management Services Agreement
Prepare an Asset Management Services Agreement for computer equipment with this template for Ontario.
- The Agreement is between a company which finances the acquisition and lease of computer hardware and a company which provides asset management and disposal services (supplier).
- Responsibilities of the supplier include receipt and disposition, inspection, testing, reconfiguration, storage, shipping and transportation of the computer hardware and peripherals.
- The supplier will invoice the financing company monthly.
- The financing company does not guarantee any particular volume of business.
- All products remain the property of the financing company while they are in the possession or control of the supplier. All risk of loss and responsibility for insurance lie with the supplier.
- All responsibility for complying with the terms of software licenses lies with the financing company.
- The initial term is guaranteed and neither party can terminate except for substantial breach of the terms of the agreement.
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