Free equipment lease agreement 05Free equipment lease agreement 05Free equipment lease agreement 05
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This EQUIPMENT LEASE AGREEMENT (this “Agreement”) is entered into effective
as of the
day of
, 20 (the “Effective Date”) by and between the Board of
Regents of the University of Nebraska, a public body corporate and governing body of the
University of Nebraska-Lincoln (the “University”) and
(the “Lessee”). The University and Lessee may each be
individually referred to herein as a “Party” and collectively as the “Parties.”
WHEREAS, the University is the owner of certain Equipment described in Section 1 of
this Agreement; and
WHEREAS, Lessee desires to lease the Equipment from the University and the
University agrees to lease the Equipment to Lessee under the terms and conditions set forth in
this Agreement.
NOW THEREFORE, in consideration of the foregoing and the mutual covenants
contained in this Agreement, the receipt and sufficiency of which is hereby acknowledged, the
Parties agree as follows:
Equipment. The University hereby leases to Lessee and Less