Suitable when commercial machinery and equipments is to be given on loan.
About this document
This is a standard agreement for use in any commercial situation where equipment and machinery is to be loaned to another business.
Application
and features
Very flexible to suit the requirements of either or both parties
Provides a complete framework
Protects both sides
Indemnity by the borrower
Includes practical terms that protect parties from future disputes
Contents
Placement of equipment
Duration and termination
Limitation on use
Maintenance of equipment
Representations of parties
Owner’s right to inspection
Disclaimer
Word
Count (approximate):
Document: 1200
words
Explanatory notes:
330
words
Draftsman
This document has been drawn by Rakesh Taneja, unconnected with Net Lawman. Rakesh Taneja will welcome your contact for further legal help. There may be a charge for Rakesh Taneja services.
