Commercial Equipment Lease Agreement Template for New Zealand

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

2. Sublease and Assignment: Include when allowing or restricting the ability to sublease or assign the equipment

3. Software Licenses: Include when the equipment includes software requiring separate licensing terms

4. Environmental Compliance: Include for equipment that may have environmental impacts or requirements

5. Training and Support: Include when lessor provides training or technical support services

6. Import/Export Compliance: Include for equipment subject to international movement or trade restrictions

7. Force Majeure: Include specific force majeure provisions beyond standard terms if equipment is critical to operations

8. Personal Property Securities Act Provisions: Include detailed PPSA provisions if registration of security interest is required

1. Equipment Schedule: Detailed specifications, photos, and condition report of leased equipment

2. Rent Schedule: Payment amounts, dates, and escalation details if applicable

3. Maintenance Schedule: Required maintenance procedures, intervals, and approved service providers

4. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements

5. Delivery and Acceptance Form: Form to document equipment delivery and acceptance by lessee

6. Return Conditions: Detailed specifications for acceptable equipment condition upon return

7. Permitted Locations: Approved locations for equipment use and storage

8. Authorized Operators: List of personnel authorized to operate the equipment if applicable