Equipment Lease Agreement Short

About this template:

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Excerpt:

This Equipment Lease Agreement is made and effective [DATE] (the Lease Agreement) The annual rental rate is [AMOUNT] and shall be paid up front in installments of [INSTALLMENT AMOUNT] each month beginning on [DATE OF FIRST PAYMENT] and on the first day of each subsequent month during the course of the term hereof at [ADDRESS FOR PAYMENTS] or at such other domicile as Lessor may elect from time to time. Any instalment fee not made by the [DAY] day of the month shall be well thought-out as outstanding and in addition to Lessor's other remedies Lessor may impose a late payment charge equal to [%] per month on any outstanding amount.

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