Lessor’s Right to Cure — Equipment Lease

Description

This AI field captures a lessor’s right to cure any defect in the lessee’s performance under the lease and to seek compensation/reimbursement therefor.

Jurisdiction

  • Canada
  • United Kingdom
  • United States (California, Illinois, Massachusetts, Minnesota, New York, and Texas)

Document Types

  • 76% Equipment-Related Agt
  • 15% Real Estate Agt
  • 4% Business Transaction Agt
  • 3% Other
  • 2% Service Agt

Tags

  • Lease Accounting (Equipment)

Language

  • 100% English