Common Contracts
1 similar Commercial Lease Agreement contracts
Commercial Lease Agreement Terms and ConditionsCommercial Lease Agreement • May 5th, 2020
This Lease only commences when it has been accepted by us. Until this Lease is accepted by us, delivery to you of the Equipment is provisional only. If provisional delivery of the Equipment is made, your obligations as to insurance, care and use of the Equipment and otherwise (except as to payment of rent) bind you as soon as you sign this Lease. You are then a tenant at will of the Equipment at a daily rent equal to the amount obtained by dividing the amount of the first rent instalment by the number of days in the first rent period. If this Lease is ultimately signed by us, all rent paid will be applied by us in reduction of the total rent.
