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
  • 76% Equipment-Related Agt
  • 15% Real Estate Agt
  • 4% Business Transaction Agt
  • 3% Other
  • 2% Service Agt
Tags
  • Bankruptcy/Recession Planning — Equipment Leases
  • Lease Accounting (Equipment)
Language
  • 100% English