Multiple equipment acquisitions
Master lease agreements and phased projects.
Questions about master lease agreements, equipment schedules, acceptance, and phased technology deployments.
A master lease sets common terms, while schedules identify particular equipment acquisitions. Read both together. The framework does not automatically approve every future purchase or fix every future term.
Separate the framework from each acquisition
A master lease can establish common contractual terms while individual schedules identify particular equipment and commercial terms. Ask the partner how the framework and each schedule interact. Signing a framework should not be interpreted as unlimited or unconditional funding availability.
Match documentation to deployment
For equipment arriving in batches, define who confirms delivery and acceptance, when each payment obligation starts, and how partial deliveries are handled. Track the physical inventory against the relevant schedule so a later return or upgrade can be managed accurately.
Questions for the contracting team
Have your legal and procurement teams review the relationship between schedules, changes of location, affiliated entities, and events of default. Clarify whether amendments, additions, and refreshes require new approval.
- Which entity signs each schedule?
- Are all locations and suppliers covered?
- What charges apply before a schedule starts?
- Are defaults or obligations linked across schedules?
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