Equipment Lease printable pdf download

Equipment Lease

EQUIPMENT LEASE

THIS EQUIPMENT LEASE ("Lease") is made and effective _______________________, by

and between Medical Advantage Career Center, Inc. aka MT Advantage ("Lessor") and

(STUDENT’S

NAME HERE) ___________________________________________________________ ("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"):

1 Wavplayer and accompanying software

Value $150.00 and $800 respectively

2. Term.

The term of this Lease shall commence on effective date above and shall run for a period not to

exceed one year.

3. Shipping.

Lessor will pay shipping charges to Lessee, and Lessee shall be responsible for paying the return

shipping charges sent via Certified or Registered Mail only.

4. Rent and Payment.

The monthly rent for the Equipment shall be paid in installments of $1.00 each month, beginning one

month from the effective date above and on each succeeding month throughout the term hereof.

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

6. 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.

Initials ________

________

Equipment Lease