Net Equipment Lease

About this template:

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Excerpt:

This Net Equipment Lease (the Agreement) is effective [DATE]. 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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