Free Equipment Loan Letter Template
Equipment Loan Letter
October 23, 2050
Jessica Jones
IT Director
Global Enterprises Ltd.
456 Corporate Lane
Gotham City, NJ 07001
Dear Ms. Jones,
I hope this letter finds you well. I am writing to confirm the loan agreement between [Your Company Name] and Global Enterprises Ltd. regarding the temporary use of the equipment listed below:
Equipment Description:
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Item: Dell XPS 15 Laptops (5 units)
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Model/Serial Numbers: XPS15-2050 Series
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Condition of Equipment: Excellent (Brand new)
Loan Period:
The equipment will be loaned from November 1, 2050, to December 31, 2050. Please let us know if your team requires an extension by December 15, 2050.
Terms and Conditions:
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Usage: The laptops are to be used strictly for the purposes of software testing during the project period. The equipment should not be transferred or used by unauthorized third parties without written approval from [Your Company Name].
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Maintenance: Global Enterprises Ltd. will be responsible for the regular maintenance and secure handling of the laptops during the loan period.
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Return: The equipment should be returned in the same condition (normal wear and tear excepted) no later than December 31, 2050.
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Liability: In the event of loss, theft, or damage beyond normal wear and tear, Global Enterprises Ltd. agrees to cover repair or replacement costs.
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Insurance: It is recommended that Global Enterprises Ltd. maintain insurance coverage for the equipment during the loan period.
By signing below, both parties acknowledge and agree to the terms of this equipment loan agreement.
If you have any further questions, please feel free to contact me directly.
Thank you for your cooperation.
Sincerely,
[Your Name]
Operations Manager
[Your Company Name]
Jessica Jones
IT Director
Global Enterprises Ltd.
