Products tagged with 'canada equipment leasing'

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

This Net Equipment Lease Agreement serves as a comprehensive template for leasing equipment in Canada. It is applicable in most provinces and territories, with the exception of Quebec, where a different form may be required.

The template is provided as a fully editable MS Word document, allowing customization to suit specific requirements.

Lessee Obligations

The customer (lessee) is responsible for maintaining all warranties, guarantees, and insurance related to the rental items for the duration of the lease period. These obligations ensure the equipment remains protected and in good working order.

Ownership of Equipment

Throughout the lease term, ownership of the equipment remains with the supplier (lessor). The transfer of ownership does not occur until the lease has concluded, meaning that the lessor retains legal rights over the equipment until all payments have been made by the lessee.

Indemnity

The lessee agrees to indemnify the lessor against any loss or damage that may occur in connection with the leased equipment. This indemnification obligation remains effective even after the termination of the lease, providing continued protection for the lessor.

Rent Payment During Equipment Down-Time

There will be no reduction or abatement of rent during any period when the equipment is not operational or experiences down-time. Rent payments are required to continue as specified in the lease agreement, regardless of equipment status.

Lease equipment to customers under the terms of this template lease contract for the Province of Ontario.

• The lessee is to use the equipment for its own purposes only with no third party access except for repair or maintenance.
• Title to all equipment remains with the lessor, and lessee must protect lessors title to the equipment and agrees not to mortgage, charge or encumber the same.
• The lessor has the right to register a security interest with respect to the lease.
• The lessee is responsible for maintenance and repair.
• The lessee accepts the equipment on an as-is basis.
• The lessor will provide copies of manufacturer warranties, but gives no warranty of its own.
• This Equipment Lease template is intended to be used in the Province of Ontario, Canada.

This Small Equipment Rental Agreement for Canada can be used to rent a variety of equipment, appliances and furniture by the day, week or month.

• Provisions include:
  • the proper and allowed methods of use;
  • no warranties given by the supplier;
  • security deposit and late charges;
  • pick-up and return of rental items;
  • reservations and cancellations;
  • loss or damage;
  • the customer is responsible for any additional insurance;
  • the customer indemnifies the owner against claims or damages.
• Available as a downloadable MS Word template.
• Intended to be used only in Canada.

Prepare your customer contracts with this template Equipment Maintenance Agreement for Canadian suppliers.

• The equipment must be used within specified parameters in order to be eligible for service.
• Service calls will only be conducted during the service provider's normal business hours.
• The agreement will automatically renew unless it is cancelled by either party.
• The contract template is available in MS Word format and can be easily modified to fit your unique needs.
• This legal document is intended for use in Canada.