1. The date on which the agreement is to be concluded.2. Details of the seller/finance company (a party): (d) the number of instalments by which the purchase price of the lease is to be paid, the amount of each of these tranches and the date or method of determining the date on which it is payable and the person to whom and place where it is payable, and how leasing allows companies with inefficient working capital to use assets. It can also be more tax efficient than the standard credit, as payments are accounted for as expenses – although any savings are offset by tax benefits resulting from depreciation. Rental buyers can return the goods, which invalidates the original agreement as long as they have made the necessary minimum payments. However, buyers incur a significant loss for returned or withdrawn goods because they lose the amount they paid for the purchase up to that date. 23. In the event of termination of this contract by the passage of time or prior termination by the company or the tenant or otherwise, as indicated above, the company must be equal to the amount of the acomptère less that the tenant must pay to the company for rental or other costs, as well as the costs to be paid or payable to the tenant in respect of these gifts and which are not paid by this one; – I would refund it. 22. The tenant also has the right to terminate this contract at any time by sending to the company no less than fourteen days in advance, but in this case the tenant is obliged to pay the company the sums paid for the rental fees that have not been paid and the amount of the rental fees that, for the period from the date of termination to the period set forth in this Contract, would be deemed indemnified for damages suffered by the Company, subject to the provisions of P. 10(2) of the Hire Purchase Act. Since ownership is only transferred at the end of the contract, lease purchase plans offer the seller more protection than other methods of selling or renting unsecured items. This is due to the fact that items can be picked up more easily if the buyer is not able to track refunds.
4. In the execution of this contract, the tenant has to the company an amount of Rs. . in the form of security or seriousness, adjusted in relation to the rental purchase price of the aforementioned machinery and equipment, if the tenant exercises the possibility of acquiring the same as those below. If the tenant does not exercise this option or the contract is terminated before the exercise of this option, the amount of the mentioned deposit is refunded to the tenant by the company at the expiration or prior date of this agreement, subject to the deduction of all claims that the company has against the tenant on the basis of this agreement or the law. including the cost price of the above-mentioned machinery and plant. A tempered purchase agreement somehow resembles the concept of a rent-to-home transaction that gives the buyer a fair chance to purchase the item whenever it is feasible for them, while the contract is in effect. . . .