Canada Equipment Rental Joint Venture Agreement

Set up a joint venture to rent equipment with this downloadable Equipment Rental Joint Venture Agreement for Canada.

• The joint venture will purchase equipment which will be rented to customers.
• One of the parties will act as the manager of the joint venture's business.
• The managing co-venturer is accountable to the other co-venturers for the management of the joint venture.
• The remaining co-venturers have a right of first refusal to purchase the interest of a departing co-venturer.
• Provisions for remedies upon the default of any co-venturer.
• Provisions for winding up the joint venture.