设备租赁合同英文版

设备租赁合同英文版

MASTER AGREEMENT TO LEASE EQUIPMENT

THIS

MASTER

AGREEMENT

TO

LEASE

EQUIPMENT

(this

is

entered

into

by

and

as

of

between

_________,_________,_________(M/D/Y)

AAACORPORATION (

_________(ADDRESS)

and

BBB,

INC.,

a

_________

Corporation

(

having

a

principal

place

of

business

at

_________(ADDRESS).

I. THE LEASE

1.1

LEASE

OF

EQUIPMENT.

In

accordance

with

the

terms

and

conditions

of

this

Agreement,

Lessor

shall

lease

to

Lessee,

and

Lessee

shall

lease

from

Lessor,

the

personal property,

including

all

substitutions,

replacements,

repairs,

parts

and

attachments,

improvements

and

accessions thereto and therein (the

schedule

(s)

(each,

a

to

be

entered

into

from

time

to

time

into

which

this

Agreement

is

incorporated.

Each

Lease

shall

constitute

a

separate,

distinct,

and

independent

lease

and

contractual

obligation

of

Lessee. Lessor or its assignee shall at all times retain the full legal title to

the Equipment, it being expressly agreed by both parties that each Lease is

an agreement of lease only.

1.2

TERM

OF

LEASE.

The

original

term

(the

TERM

of

the Equipment shall commence on the Commencement Date and, subject

to Sections 3.3 and 3.5 below, shall terminate on the date specified in the

Lease. Notwithstanding the foregoing, the Original Term for the Equipment

shall automatically extend for successive 30-day periods after its expiration

(each,

an

TERM

unless

either

party

gives

the

other

party

written notice, at least thirty (30) days prior to the expiration of the Original

Term

or

any

Extended

Term,

as

the

case

may

be,

of

its

intent

not

to

so

extend the applicable Lease. Except as specifically provided in this Section

1.2,

no

Lease

may

be

terminated

by

Lessor

or

Lessee,

for

any

reason

whatsoever,

prior

to

the

end

of

the

Original

Term

or

any

Extended

Term

(collectively,

the

TERM

Notwithstanding

any

provision

to

the

contrary

contained

in

this

Agreement,

Lessee

shall

be

deemed

to

accept

the Equipment on the Commencement Date (as specified in each Lease).

1.3 RENTAL PAYMENTS. Lessee shall pay Lessor rent (

the Equipment in the amounts and at the times specified in the Lease. All

Rent and other amounts payable by Lessee to Lessor hereunder shall be

paid

to

Lessor

at

the

address

specified

above,

or

at

such

other

place

as

Lessor may designate in writing to Lessee from time to time.

1.4 RETURN OF EQUIPMENT. Upon expiration of the Lease Term of

the Equipment, Lessee shall immediately return the Equipment to Lessor as

provided in Section 3.3 below. If Lessee fails to return any of the Equipment

upon demand therefor by Lessor, Lessee shall pay Lessor, as the measure

of

Lessor's

damages,

the

Casualty

Value

(as

defined

in

the

applicable

Lease) of such Equipment.

II. DISCLAIMERS AND WARRANTIES; INTELLECTUAL PROPERTY

2.1

DISCLAIMERS;

WARRANTIES.

Lessee

represents

and

acknowledges

that

the

Equipment

is

of

a

size,

design,

capacity

and