Skip to main content

Certification by Lessee

Book Publication Date: Feb 2018
Description: Sample certification by lessee stating that it intends that more than 50% of the use of the equipment (as such term is defined in the lease) is to be in a trade or business of the lessee
Type: Contract Clauses
PLI Item #: 40703
Practice Area: Banking and finance, Equipment financing, Financing

Keywords: "certification by lessee"; master lease agreement; qualified motor vehicle operating agreement; "Section 7701(h) Internal Revenue Code"; trade or business; owner of the equipment; Federal income tax purposes; middle-market leasing and syndication; middle-market lease; equipment lease; leasing company

Thank you for exploring PLI PLUS.
The content on this page is only available to subscribers.

To learn more about PLI PLUS subscriptions
please click on the link below or contact us at