Common Contracts
1 similar Hire and Purchase Agreement contracts
DRAFT OF HIRE AND PURCHASE AGREEMENTHire and Purchase Agreement • January 14th, 2021
This Agreement is made at ... this ... day of ... between M/s. AB & Co. Ltd., a Company having registered office at ... hereinafter referred to as 'the Company' of the One Part and Mr.... of... hereinafter referred to as 'the Hirer' of the Other Part. WHEREAS, the Company is the owner of certain machinery and equipment Intended for manufacturing ... and which is more particularly described In the Schedule hereunder written. AND WHEREAS, the Hirer has requested the Company to give the said machinery and equipment on hire to enable the Hirer to carry on the business of manufacturing ... with an option to the Hirer to purchase the same. AND WHEREAS, the Company has agreed to do so on the following terms and conditions agreed upon between the parties. NOW, It Is Agreed by And Between The Parties As Follows: 1. The Company agrees to give and deliver over to the Hirer the said machinery and equipment described in the Schedule hereunder written on hire on the terms and conditio
