Equipment Lease- Assignment to Other

How To Use

This review list is provided to inform you about this document in question and assist you in its preparation.  This is a straightforward Assignment Agreement, which may be modified for other assignments.

  • Make multiple copies so all parties may have one original copy. Include a copy in your minute book, make it available to any financial institution that requires you to provide copies of capital equipment obligations, and keep a separate copy in the equipment lease or vendor file.

Equipment Lease: Assignment to Other

This Assignment of Equipment Lease (“Assignment”) is made as of _______________ (Date) by and between ___________________________ Original Lessee (“Assignor”) of ______________________________________________ (Address) and __________________________ New Lessee (“Assignee”) of _______________________________________________.

Whereas by a lease dated _____________ made between _______________________,

In Witness whereof, the parties have executed this Agreement as of the date first written above.

_______________________
Date

_______________________
Assignor

_______________________
Assignor

_______________________
Lessor

Exhibit 1: Original Lease