Net Lease/Obligations Unconditional — Equipment Lease

Description

This AI field captures language stating that a lease is a net lease and that the lessee’s obligations under the lease are unconditional.


Jurisdiction

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

Document Types

  • 96% Equipment Related Agt
  • 2% Real Estate Agt
  • 2% Other

Tags

  • Bankruptcy/Recession Planning — Equipment Leases
  • Lease Accounting (Equipment)

Language

  • 100% English