Machinery Lease Agreement Template for Australia

1. Sublease Rights: Include when the lessee may need to sublease the machinery to other parties

2. Purchase Option: Include when offering the lessee an option to purchase the machinery during or at the end of the lease

3. Performance Standards: Include when specific performance metrics or productivity levels are guaranteed

4. Operator Requirements: Include when specific operator qualifications or training requirements apply

5. Environmental Compliance: Include for machinery that may have environmental impacts or requires specific environmental permits

6. Import/Export Compliance: Include when machinery may be used across international borders

7. Intellectual Property Rights: Include when the machinery involves patented technology or proprietary software

8. Force Majeure: Include when parties want specific provisions for handling unforeseen circumstances

1. Schedule 1 - Equipment Description: Detailed description of the leased machinery including make, model, serial numbers, and specifications

2. Schedule 2 - Rental Payment Schedule: Detailed breakdown of payment amounts, dates, and payment terms

3. Schedule 3 - Maintenance Schedule: Required maintenance procedures and schedules for the machinery

4. Schedule 4 - Condition Report: Detailed report of the machinery's condition at the start of the lease

5. Schedule 5 - Operating Requirements: Specific requirements for safe and proper operation of the machinery

6. Schedule 6 - Insurance Requirements: Detailed insurance specifications including types and amounts of coverage required

7. Appendix A - Safety Procedures: Safety guidelines and procedures for operating the machinery

8. Appendix B - Return Conditions: Detailed specifications for the condition in which machinery must be returned