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1. Parties: Identifies and provides full details of the lessor and lessee, including registration numbers for companies or ID numbers for individuals
2. Background: Explains the context of the rental agreement and the parties' intentions
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Equipment Description: Detailed description of the equipment being rented, including identification numbers and condition
5. Rental Term: Specifies the duration of the rental period, including start and end dates
6. Rental Fees and Payment Terms: Details of rental fees, payment schedule, and payment methods
7. Delivery and Return: Terms for equipment delivery, installation, and return
8. Use and Maintenance: Specifies permitted use, maintenance responsibilities, and operating conditions
9. Insurance and Liability: Insurance requirements and allocation of risks between parties
10. Termination: Conditions and procedures for early termination
11. Default and Remedies: Consequences of default and available remedies
12. Governing Law: Specifies Malaysian law as governing law and jurisdiction
13. Execution: Signature blocks and execution formalities
1. Security Deposit: Terms for security deposit if required, including amount and conditions for return
2. Option to Purchase: Include when offering the lessee an option to purchase the equipment
3. Training and Support: Include for complex equipment requiring specific training or ongoing support
4. Sub-letting: Include if sub-letting needs to be specifically permitted or prohibited
5. Force Majeure: Include for longer-term rentals to address unforeseen circumstances
6. Environmental Compliance: Include for equipment that may have environmental impacts
7. Import/Export Compliance: Include for equipment that may cross international borders
8. Intellectual Property: Include when equipment involves software or proprietary technology
1. Schedule 1 - Equipment Specifications: Detailed technical specifications and photographs of the equipment
2. Schedule 2 - Rental Fee Schedule: Detailed breakdown of fees, including any variable charges
3. Schedule 3 - Maintenance Schedule: Required maintenance procedures and schedules
4. Schedule 4 - Condition Report: Detailed report of equipment condition at commencement of rental
5. Schedule 5 - Operating Instructions: Detailed instructions for proper equipment operation
6. Schedule 6 - Insurance Requirements: Specific insurance requirements and minimum coverage
7. Appendix A - Location of Use: Approved locations for equipment use and storage
8. Appendix B - Authorized Operators: List of personnel authorized to operate the equipment
Construction
Manufacturing
Events and Entertainment
Mining
Agriculture
Industrial Equipment
Logistics
Infrastructure
Oil and Gas
Renewable Energy
Telecommunications
Property Development
Facilities Management
Operations
Procurement
Legal
Risk Management
Finance
Asset Management
Commercial
Project Management
Facilities Management
Technical Operations
Contract Administration
Operations Manager
Procurement Manager
Equipment Manager
Project Manager
Site Supervisor
Facilities Manager
Contract Administrator
Legal Counsel
Risk Manager
Fleet Manager
Asset Manager
Commercial Manager
Finance Manager
Technical Director
Chief Operations Officer
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