Lease To Own Equipment Agreement Template for Malaysia

1. Security Deposit: Terms regarding security deposit if required - used when dealing with high-value equipment or higher-risk lessees

2. Subletting: Provisions regarding subletting rights - included when subletting might be considered

3. Equipment Upgrades: Terms for equipment upgrades during lease period - relevant for technology or machinery that may need updating

4. Return Conditions: Detailed conditions for equipment return if purchase option not exercised - important for high-value or specialized equipment

5. Force Majeure: Provisions for unforeseen circumstances - particularly relevant in current global conditions

6. Environmental Compliance: Environmental requirements - necessary for equipment that may have environmental impacts

7. Training and Support: Terms for training and technical support - included for complex equipment requiring specific expertise

1. Schedule A - Equipment Specifications: Detailed technical specifications of the equipment including make, model, serial numbers, and conditions

2. Schedule B - Payment Schedule: Detailed payment terms including monthly payments, purchase option price, and payment methods

3. Schedule C - Maintenance Requirements: Specific maintenance schedules and requirements for the equipment

4. Schedule D - Acceptance Certificate: Form for documenting equipment delivery and acceptance

5. Schedule E - Insurance Requirements: Detailed insurance requirements including coverage types and amounts

6. Appendix 1 - Equipment Photos: Photographic documentation of equipment condition at time of lease

7. Appendix 2 - Warranty Documentation: Manufacturer's warranty information and terms