Hi Everyone!
i need a Financial Lease Agreement on Machinery. Both the parties are the body corporate (Objects - stting up of Steel Plants). Major Points are:-
1. If any point of time before the expiry of the lease term, lessee wants to purchase the said machine, it can do so by paying the required amount as per the condition stipulated by the lessor.
2. If not than, after the termination of the agreement the ownership of the said machine will be automatically transfer to lessor.
Please provide me at the earliest.
Neha
