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Product Loan Agreement
1. Parties: Identification of the lender and borrower, including full legal names, addresses, and registration numbers if applicable
2. Background: Context of the agreement and general purpose of the product loan
3. Definitions: Definitions of key terms used throughout the agreement
4. Product Description: Detailed description of the product(s) being loaned, including identification numbers and condition
5. Loan Period: Duration of the loan, start date, and end date
6. Delivery and Return: Terms for initial delivery and final return of the product
7. Use of Product: Permitted use, restrictions, and user obligations
8. Risk and Liability: Allocation of risk and responsibility for damage or loss
9. Termination: Conditions for early termination and consequences
10. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction for disputes
1. Loan Fee: Include if there is any fee for borrowing the product
2. Insurance: Include if specific insurance requirements are needed for high-value products
3. Maintenance and Repairs: Include if the product requires specific maintenance or repair procedures
4. Sub-lending: Include if there's a need to address whether the borrower can lend the product to third parties
5. Security Deposit: Include if a deposit is required for the loan
6. Intellectual Property: Include if the product involves software or other IP rights
7. Data Protection: Include if personal data processing is extensive or goes beyond basic contact information
1. Product Specification: Detailed technical specifications and photographs of the product(s)
2. Condition Report: Detailed description of the product's condition at time of loan
3. Operating Instructions: Instructions for proper use and handling of the product
4. Return Checklist: Checklist for condition assessment upon return
5. Insurance Requirements: Detailed insurance requirements if applicable
6. Maintenance Schedule: Schedule of required maintenance activities if applicable
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