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Simple Equipment Rental Agreement
"I need a Simple Equipment Rental Agreement for renting out three industrial generators to a construction company for a 6-month project starting March 2025, with specific maintenance requirements and an option for early termination."
1. Parties: Identification of lessor and lessee with full legal names and addresses
2. Background: Context of the rental arrangement and purpose
3. Definitions: Key terms used throughout the agreement
4. Equipment Description: Detailed description of equipment being rented
5. Rental Period: Duration of rental including start and end dates
6. Rental Fee: Payment terms, amounts, and schedule
7. Delivery and Return: Terms for equipment delivery and return
8. Maintenance and Repair: Responsibilities for equipment maintenance
9. Insurance: Insurance requirements and responsibilities
10. Termination: Conditions for early termination
1. Training: Required when equipment needs specific operational training - used for complex or specialized equipment
2. Sub-letting: Terms regarding sub-letting of equipment - included when sub-letting might be permitted
3. International Use: Terms for using equipment abroad - included when equipment might be used internationally
1. Equipment Specification Schedule: Detailed technical specifications of equipment
2. Condition Report: Documentation of equipment condition at start of rental
3. Insurance Requirements: Detailed insurance specifications
4. Pricing Schedule: Detailed breakdown of costs and charges
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