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1. Parties: Identification of lessor and lessee with full legal names and addresses
2. Background: Context of the agreement and brief description of the transaction
3. Definitions: Definitions of key terms used throughout the agreement
4. Equipment Description: Detailed description of the equipment being leased with specifications and condition
5. Lease Term and Purchase Option: Duration of lease and terms of purchase option including timing and process
6. Rental Payments: Payment schedule, amounts, and method of payment
7. Delivery and Acceptance: Terms for delivery, inspection, and acceptance of equipment
8. Title and Ownership: Clarity on ownership during lease period and transfer conditions
9. Use and Maintenance: Requirements for equipment use, maintenance, and repair obligations
10. Insurance: Insurance requirements and responsibilities
11. Default and Remedies: Events of default and available remedies
12. Termination: Conditions and process for early termination
13. Representations and Warranties: Statements of fact and promises by both parties
14. Indemnification: Mutual indemnification obligations
15. Governing Law and Jurisdiction: Specification of UAE law and jurisdiction
16. Notices: Process for formal communications between parties
17. Miscellaneous: Standard boilerplate provisions including severability, entire agreement, etc.
1. Islamic Finance Compliance: Required if the agreement needs to be Sharia-compliant
2. Import/Export Requirements: Needed if equipment is being imported or may be exported
3. Environmental Compliance: Required for equipment that may have environmental impacts
4. Training and Support: Include if lessor provides training or technical support
5. Assignment and Subletting: Include if these rights are to be granted
6. Tax Considerations: Include specific tax provisions if relevant to the transaction
7. Security Deposit: Include if a security deposit is required
8. Option to Upgrade: Include if lessee has equipment upgrade options
1. Schedule 1 - Equipment Specifications: Detailed technical specifications and photographs of equipment
2. Schedule 2 - Payment Schedule: Detailed breakdown of all payments including purchase option price
3. Schedule 3 - Acceptance Certificate: Form of acceptance certificate to be signed upon delivery
4. Schedule 4 - Maintenance Requirements: Detailed maintenance schedule and requirements
5. Schedule 5 - Insurance Requirements: Specific insurance coverage requirements and limits
6. Schedule 6 - Return Conditions: Condition requirements if equipment is to be returned
7. Appendix A - Warranty Documentation: Manufacturer's warranties and guarantees
8. Appendix B - Operating Procedures: Equipment operating procedures and safety requirements
Manufacturing
Construction
Healthcare
Transportation and Logistics
Agriculture
Industrial Processing
Mining and Resources
Telecommunications
Information Technology
Retail
Hospitality
Energy and Utilities
Maritime and Shipping
Aviation
Legal
Finance
Procurement
Operations
Risk Management
Treasury
Asset Management
Facilities Management
Commercial
Business Development
Compliance
Chief Financial Officer
Finance Director
Procurement Manager
Operations Director
Fleet Manager
Equipment Manager
Legal Counsel
Contract Manager
Risk Manager
Treasury Manager
Asset Manager
Facilities Manager
Commercial Director
Business Development Manager
Financial Controller
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