Equipment Lessee Notice, Acknowledgment, and Agreement | Practical Law
A lessee notice, acknowledgment, and agreement intended for use with Standard Document, Equipment Sale Agreement in a purchase and sale transaction for equipment that is leased to a customer at the time of the transaction. The seller, who is the lessor under the lease documents, notifies the lessee of the contemplated transaction. The lessee acknowledges and agrees to the transfer and confirms the equipment and the lease documents. This Standard Document has integrated notes with important explanations and drafting tips.