Computer Equipment Lease
By William M. Keever
THIS LEASE AGREEMET is being entered into as of the ____ day of __________
[date], by and between ________________________ [name of equipment leasing company], a
__________ [State] corporation, with an office at __________ [address](Hereinafter referred to as
the "Lessor") and _______________________ [name of company] a __________ [corporation,
partnership or proprietorship] organized under the laws of the State of __________ with its
principal place of business at __________ [address] (Hereinafter referred to as the "Lessee").
Subject to the terms and conditions set forth below, Lessor agrees to lease to Lessee and
Lessee agrees to lease from Lessor the equipment and other personal property, described in any
schedule or schedules which may be executed from time to time by the parties to this Lease and
identified as a schedule of this Lease (individually a "Schedule" and collectively the "Schedules"),
(which property, together with any replacement parts, replacements, additions, repairs and
accessories incorporated in and/or affixed to it, is referred to individually as an "Item of Equipment"
and collectively as the "Equipment") upon the terms and conditions set forth in this Lease
supplemented by the terms and conditions set forth in the applicable Schedule. All Schedules shall
be incorporated by reference in this Lease and this Lease and all Schedules which may be executed
pursuant to it shall constitute a single lease of equipment.
The lease term for any Item of Equipment shall commence upon the earlier of (i) the date on
which Lessor, at the request of Lessee, acquires an interest in or incurs any obligation with respect
to such Item of Equipment or (ii) the date on which such Item of Equipment is delivered to Lessee.
Unless sooner terminated pursuant to the terms of this Lease, the lease term for any Item of
Equipment for which an Acceptance C