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Assignment of Equipment Lease from the Original Lessee (Assignor) to the New Lessee (Assignee)
Details:
Assignment of Equipment Lease from the Original Lessee (Assignor) to the New Lessee (Assignee).
Form Outline:
Assignment of Equipment Lease
THIS ASSIGNMENT...
WHEREAS by a lease dated Date of Lease made...
AND WHEREAS the Assignor wishes to assign to the Assignee, and the Assignee wishes to be assigned, the Lease;
NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the mutual covenants and agreements contained herein and for other good and valuable consideration (the receipt and sufficiency of which is hereby acknowledged) the parties hereby agree as follows:
1. The Assignor hereby assigns to the Assignee its...
2. The Assignee covenants and agrees to pay...
3. The Assignee agrees to be bound by all the terms...
4. The Assignee agrees to obtain a...
5. The Assignee hereby indemnifies and saves harmless...
6. This Assignment shall enure to...
IN WITNESS WHEREOF the parties hereto have executed this Assignment.
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