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Wyoming Agreement to Lease Equipment (with Limited Warranty) Form


Wyoming Agreement to Lease Equipment (with Limited Warranty) Form
Wyoming Agreement to Lease Equipment (with Limited Warranty) Form
Wyoming Agreement to Lease Equipment (with Limited Warranty)
THIS AGREEMENT TO LEASE EQUIPMENT ("Lease") is made and
effective __________________ [Date], by and
between______________________________________________________ [Lessor], ("Lessor")
and ______________________________________________________ [Lessee]("Lessee").
Lessor desires to lease to Lessee, and Lessee desires to lease from Lessor, certain tangible personal
property.
NOW, THEREFORE, in consideration of the mutual covenants and promises hereinafter set forth, the
parties hereto agree as follows:
1. Lease.
Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor, the following described
equipment (the "Equipment"): [Equipment].
2. Term.
The term of this Lease shall commence on __________________ [Start Date] and shall
expire __________________ [Lease Length] months thereafter.
3. Shipping.
Lessee shall be responsible for shipping the Equipment to Lessee's premises.
4. Rent and Deposit.
A. The monthly rent for the Equipment shall be paid in advance in installments
of __________________ [Installment Amount] each month, beginning on __________________[Date
of First Payment] and on the first day of each succeeding month throughout the term hereof,
at [Address for Payments], or at such other place as Lessor may designate from time to time. Any
installment payment not made by the tenth (10th) day of the month shall be considered overdue and in
addition to Lessor's other remedies, Lessor may levy a late payment charge equal to one percent (1%)
per month on any overdue amount. Rent for any partial month shall be prorated.
B. Lessee shall pay a deposit in the following amount prior to taking possession of the
Equipment: __________________ [Deposit Amount]. The deposit will be refunded to Lessee promptly
following Lessee's performance of all obligations in this Lease.
5. Use.
Lessee shall use the Equipment in a careful and proper manner and shall comply with and conform to
all national, state, municipal, police and other laws, ordinances and regulations in any way relating to
the possession, use or maintenance of the
Equipment. __________________________________________________________________
__________________________________________________________________
__________________________________________________________________
__________________________________________________________________
[Other Restrictions]
6. Disclaimer of Warranty.
LESSOR DISCLAIMS ANY AND ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING
BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A
PARTICULAR PURPOSE, EXCEPT THAT LESSOR WARRANTS THAT LESSOR HAS THE RIGHT
TO LEASE THE EQUIPMENT, AS PROVIDED IN THIS LEASE.
7. Repairs.
Wyoming Agreement to Lease Equipment (with Limited Warranty) Form
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