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The Lease To Own Equipment Agreement is a specialized contract used when a party wishes to acquire equipment through a structured financing arrangement that combines leasing with a purchase option. This document is particularly relevant in Switzerland, where it must comply with the Swiss Code of Obligations and related commercial regulations. It's commonly used when businesses or individuals need to acquire expensive equipment but prefer to spread the cost over time while having immediate use of the equipment. The agreement typically includes detailed specifications of the equipment, payment schedules, maintenance requirements, and the specific conditions under which ownership transfers from lessor to lessee. This type of agreement is especially valuable for capital-intensive industries where equipment financing plays a crucial role in business operations.

1. Parties: Identification of the lessor and lessee with full legal names and addresses

2. Background: Context of the agreement, including the lessor's ownership of the equipment and lessee's intention to lease and eventually purchase

3. Definitions: Key terms used throughout the agreement including Equipment, Lease Period, Purchase Option, Lease Payments

4. Equipment Description: Detailed description of the equipment subject to the lease-to-own arrangement

5. Lease Term: Duration of the lease period and conditions for renewal or extension

6. Lease Payments: Payment terms, including amount, frequency, and method of payment

7. Purchase Option: Terms and conditions for exercising the purchase option, including purchase price calculation

8. Title and Ownership: Provisions regarding ownership during lease period and transfer process

9. Delivery and Acceptance: Terms for equipment delivery, inspection, and acceptance procedures

10. Use and Maintenance: Requirements for equipment use, maintenance obligations, and prohibited activities

11. Insurance and Risk: Insurance requirements and allocation of risk during the lease period

12. Default and Termination: Events of default, remedies, and termination procedures

13. Representations and Warranties: Statements and guarantees by both parties regarding the equipment and their capacity

14. Governing Law and Jurisdiction: Specification of Swiss law as governing law and jurisdiction for disputes

15. General Provisions: Standard contractual provisions including notices, amendments, and severability