SCHEDULE
This Schedule shall be attached to and form an integral part of the Lease Agreement Between M/s (Lessor)_________________________________________and (Lessee) ______________________________________________________________________.
The Lessee authorizes the Lessor to procure the under noted asset(s), to be leased in terms of the Agreement between the parties, and at the rate and for the term herein specified.
Sr. No. |
Specification of Assets |
Amount |
Term of Lease |
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The Lessor shall maintain comprehensive insurance during entire period of lease.
Registration, CVT, Income Tax, and Road Tax shall be paid by Lessee.
Place of delivery and return of the Leased Assets shall be at the Head Office of Lessor or as agreed between the Parties.
Commencement date of Lease: _____________________
Duly authorized by the Lessees:_____________________
The amount of Security Deposit Rs. __________________ shall be adjusted towardsResidual Value at the end of lease period
OR
The amount of Residual Value Rs. _________________ shall be payable by the Lessee at the end of Lease Period.
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