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The Master Leasing Agreement is designed for situations where parties anticipate entering into multiple leasing transactions over time and wish to establish a standardized framework to govern these arrangements. This document, compliant with Irish law and regulations, eliminates the need to negotiate full terms for each individual lease while providing flexibility through supplemental schedules. It typically includes comprehensive terms covering equipment delivery, maintenance, payment structures, default provisions, and end-of-lease obligations. The agreement is particularly useful for businesses requiring regular equipment leasing arrangements and financial institutions providing leasing services, incorporating necessary provisions for compliance with Irish financial services regulations, consumer protection laws, and taxation requirements. The Master Leasing Agreement serves as the foundation document while individual leases are executed through schedules or supplemental agreements referencing its terms.

1. Parties: Identification and details of the lessor and lessee, including registered addresses and company registration numbers

2. Background: Context of the agreement, establishing the framework for multiple leases and the parties' intentions

3. Definitions: Comprehensive definitions of terms used throughout the agreement, including 'Equipment', 'Lease Term', 'Rental Payments', etc.

4. Master Agreement Structure: Explanation of how individual leases will be created under this framework through schedules or supplemental agreements

5. Lease Terms and Conditions: Core terms applying to all leases under the agreement, including ordering process and documentation requirements

6. Rental Payments: General provisions regarding payment terms, calculation methods, and payment obligations

7. Delivery and Acceptance: Terms governing the delivery, inspection, and acceptance of leased equipment

8. Use and Maintenance: Requirements for proper use, maintenance, and care of leased equipment

9. Insurance and Risk: Insurance requirements and allocation of risk for loss or damage

10. Title and Ownership: Confirmation of lessor's ownership and restrictions on lessee's rights

11. Representations and Warranties: Statements of fact and promises made by both parties

12. Events of Default: Definition of default events and consequences

13. Termination: Circumstances and procedures for ending the agreement or individual leases

14. Return of Equipment: Requirements and procedures for returning leased equipment

15. Governing Law and Jurisdiction: Specification of Irish law as governing law and jurisdiction for disputes