Net Equipment Lease

About this template:

This particular legal document or agreement of assignment is used to assist with the net equipment lease agreement - short version. See other legal documents that you may be interested in at https://www.templateguru.co.za/templates/legal/

Excerpt:

NET EQUIPMENT LEASE This Net Equipment Lease (the Agreement) is effective [DATE] 1. EQUIPMENT AND RENT Lessor hereby leases and Lessee hereby rents from Lessor at a monthly rent for the term of this lease which Lessee agrees to pay to Lessor as hereinafter set forth the following movable property (hereinafter called the Equipment): [SPECIFY EQUIPMENT] purchased from [SPECIFY] under their contract [NUMBER].

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