Fill and Sign the Lease or Rental of Computer Equipment Form

Lease or Rental of Computer Equipment This lease agreement is made this the day of _________________, 20 , between __________________________ Company, a corporation organized and existing under the laws of the State of _______________________, with its principal office located at ______________________________________________________ (street, city, state), ALessor", and ___________________________ Company, a corporation organized and existing under the laws of the State of _____________________, with its principal office located at ____________________________________________________ (street, city, state), ALessee.@ 1. Lessor hereby leases to Lessee the computer hardware, software and other equipment and personal property described in Exhibit A attached hereto, together with any replacement parts, replacements, additions, repairs and accessories hereinafter added to in Exhibit A and initialed to by Lessor and Lessor where indicated, referred to in this Lease individually as an "item of equipment" and collectively as the "equipment", upon the terms and conditions set forth in this Lease for use at Lessee=s business at _________________________________________ (Street Address, City and State) for the total sum of $____________ per month for ______ months beginning on the _____ day of ______________, 20___. Lessor shall deliver such equipment F.O.B. in operative condition. The amount of rent payable for any fraction of a month shall be the monthly rental rate, prorated according to the number of calendar days in such fraction. Lessee shall pay Lessor interest at twelve percent (12%) or the highest lawful rate, whichever is greater, on any delinquent payment from the date when such payment was due until paid along with expenses of collection or suit, including actual attorneys= fees. 2. Disclaimer of Warranties; Representations and WarrantiesLessee acknowledges that Lessor is not the manufacturer of the equipment, nor manufacturer's agent, and Lessee represents that Lessee has selected the equipment leased under this agreement based upon Lessee's judgment, and Lessee agrees that the equipment leased under this Lease is of a design, size, fitness and capacity selected by Lessee and that Lessee is satisfied that such equipment is suitable and fit for its intended purposes. Lessee further agrees that Lessor leases and Lessee takes the equipment "as is" and that Lessor has not made, does not make and shall not be deemed to make any representation or warranty, either expressed or implied, of any kind whatever with respect to the equipment, including, but not limited to, the title, value, condition, workmanship, design, operation, merchantability or fitness for a particular use or purpose of the equipment, the absence of latent or other defects, whether or not discoverable, the absence of any infringement of any patent, trademark or copyright, the absence of any violation or conflict with any law, governmental regulation, contract or specification. Lessee specifically waives all rights to make a claim against Lessor for breach of any warranty of any kind and Lessor also passes to Lessee all warranties, if any, received by lessor by virtue of its ownership of the equipment. Lessor shall not be liable to Lessee for any loss, damage or expense of any kind or nature caused directly or indirectly by any equipment leased under this Lease or for the use or mai