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1. Parties: Identifies and provides full details of the lender and borrower, including ABN/ACN if applicable
2. Background: Explains the context of the agreement and the parties' intentions
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules
4. Loan of Product: Details the specific products being loaned and their condition at the time of loan
5. Term of Loan: Specifies the duration of the loan period, including start and end dates
6. Delivery and Return: Outlines the procedures for product delivery and return, including timing and logistics
7. Borrower's Obligations: Lists the borrower's responsibilities regarding product use, maintenance, and care
8. Permitted Use: Specifies how and where the borrowed product may be used
9. Title and Risk: Clarifies ownership rights and allocates risk of loss or damage
10. Fees and Costs: Details any fees, charges, or costs associated with the loan
11. Maintenance and Repairs: Establishes responsibilities for maintaining the product and handling repairs
12. Termination: Outlines circumstances and procedures for early termination
13. Default and Remedies: Specifies what constitutes default and the available remedies
14. General Provisions: Contains standard legal provisions including notices, governing law, and dispute resolution
1. Insurance: Required when the product value exceeds a certain threshold or when specific insurance requirements apply
2. Security Deposit: Include when a security deposit is required from the borrower
3. Special Handling Requirements: Include for products requiring specific handling, storage, or maintenance procedures
4. Training Requirements: Required when the product needs specific training or certification for operation
5. Sublending Prohibition: Include when explicitly preventing the borrower from lending the product to third parties
6. Export Controls: Required for products subject to export control regulations
7. Intellectual Property: Include when the loaned product involves software, patents, or other IP rights
8. Privacy and Data Protection: Required when the product collects or processes personal data
1. Schedule 1 - Product Description: Detailed description of the loaned product(s), including serial numbers, condition reports, and photographs
2. Schedule 2 - Fees Schedule: Breakdown of all applicable fees, charges, and payment terms
3. Schedule 3 - Delivery and Return Procedures: Detailed procedures for product delivery and return, including checklists
4. Schedule 4 - Maintenance Schedule: Required maintenance procedures and schedules
5. Appendix A - Condition Report: Detailed report of the product's condition at the time of loan
6. Appendix B - Operating Instructions: Product operating instructions and safety guidelines
7. Appendix C - Insurance Requirements: Specific insurance requirements and minimum coverage details
8. Appendix D - Authorized Users: List of persons authorized to use the product (if applicable)
Manufacturing
Construction
Technology
Medical Equipment
Audio Visual
Events and Entertainment
Education
Scientific Research
Mining
Agriculture
Film and Television Production
Telecommunications
Industrial Equipment
Professional Services
Retail
Legal
Operations
Procurement
Risk and Compliance
Asset Management
Commercial
Finance
Business Development
Supply Chain
Customer Relations
Project Management
Equipment Management
Contract Administration
Legal Counsel
Contract Manager
Operations Manager
Asset Manager
Procurement Manager
Risk Manager
Compliance Officer
Business Development Manager
Equipment Manager
Facilities Manager
Project Manager
Commercial Manager
Supply Chain Manager
Relationship Manager
Finance Manager
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